Acorns: Save & Invest Money
Acorns Grow Incorporated
About
Acorns automates saving and investing by rounding up your everyday purchases to the nearest dollar and investing the spare change into diversified ETF portfolios. The app offers multiple ways to grow wealth: automated Round-Ups investments, recurring investments starting at $5, Bitcoin-linked ETF allocation up to 5%, and individual stock and ETF selection from 100+ US companies. Beyond investing, Acorns provides emergency savings with 3.35% APY, a checking account, and retirement accounts with IRA matches up to 3% during your first year. Investment accounts are SIPC-protected up to $500,000, and checking accounts are FDIC-insured up to $250,000. The platform also includes Acorns Early for kids' investment accounts with 1% matching and a debit card to teach financial habits.
Highlights
- Round-Ups feature automatically invests spare change from purchases into diversified ETF portfolios
- Recurring investments starting as low as $5, plus Bitcoin-linked ETF allocation up to 5%
- Emergency savings account with 3.35% APY and FDIC-insured checking up to $250,000
- IRA retirement accounts with up to 3% match on new contributions during first year
- Acorns Early investment accounts for kids with 1% matching and included debit card
- Custom portfolio with individual stocks and ETFs from 100+ US public companies
Best for
People seeking to automate their savings and investing habits without large upfront capital, families wanting to teach kids financial literacy through dedicated investment accounts, and individuals planning for retirement through IRA accounts with employer-style matching.
At a glance
Acorns: Save & Invest Money is rated 4.7 out of 5 from 844,490 ratings and is available on iOS — all free to download.
It is developed by Acorns Grow Incorporated.
Screenshots
Frequently Asked Questions
- Is Acorns: Save & Invest Money free?
- Yes — Acorns: Save & Invest Money is free to download on iOS.
- What platforms is Acorns: Save & Invest Money available on?
- Acorns: Save & Invest Money is available on iOS.
- What is Acorns?
- Acorns is an automated saving and investing app that rounds up your everyday purchases to the nearest dollar and invests the spare change into expert-built, diversified ETF portfolios. It also offers checking accounts, emergency savings, retirement accounts, and investment accounts for kids.
- How does the Round-Ups feature work?
- Each time you make a purchase, Acorns rounds up to the nearest dollar and automatically invests the difference into your diversified portfolio. You can also set up recurring investments starting as low as $5.
- Are my investments protected?
- Acorns investment accounts are SIPC-protected up to $500,000, and Acorns checking accounts are FDIC-insured up to $250,000. The app also uses 256-bit data encryption, 2-factor authentication, fraud protection, and all-digital card lock.
- Can I invest in Bitcoin with Acorns?
- Yes, you can allocate up to 5% of your diversified portfolio toward a Bitcoin-linked ETF to gain exposure to Bitcoin's price movements.
- What are the alternatives to Acorns: Save & Invest Money?
- Acorns: Save & Invest Money is similar to Cash App, Monzo Bank - Mobile Banking, Revolut: Send, spend and save, and TD Canada. Browse related apps by tag: automation, banking, investing, and budgeting.
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