52
fair

Acorns: Invest Spare Change | unitQ Score

The unitQ score is the fraction of public feedback data (iOS & Android) that mentions quality issues.
100 = No Issues. 50 = Some Issues. 0 = All Issues
5 Points Past 7 Days
Category: Finance
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30-Day Trend
 
Poor
 
Fair
 
Good
 
Epic
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Android unitQ Score
Android User Feedback
80%
Android
202 Reports
iOS unitQ Score
iOS User Feedback
20%
iOS
51 Reports
User Feedback
20%
iOS
51 Reports
80%
Android
202 Reports
Acorns: Invest Spare Change - Latest Quality Issues
Android
Sep 25, 2023
I made a deposit to my acorns checking account. My account was suspended and I no longer have access to my funds. To be clear, they didn't just flag one transaction, they suspended my whole account. I have spent hours on the line and on chats with customer service agents who refuse to address the issue, saying they have no ability to transfer to a supervisor and no one from the relevant team is at work on weekends to unsuspend accounts. I will be terminating my account as soon as I get my $$
iOS
Sep 25, 2023
Pyramid scheme
They do not care about you and make money off your referral Keep in mind this app is not free. You need to pay a subscription to use it They offered me a refer 4 friends to get $1,100 which I did and they keep coming up with reasons to not pay out my bonus. Stay away. They waste your time and get your hopes up. Makes money off your subscription and only here for short term gains
Android
Sep 25, 2023
I LOVE Acorns. I use it all the time. I have $50 put away every week on top of rounding up my CC purchases (which I love the idea of), and my account is already at $1k without even noticing it! I will be using Acorns for a long time to come.
Android
Sep 26, 2023
Easy app but I've lost and spent more money on fees than Ive earned, so my money would have been better off sitting on my counter. At least I wouldn't be in the hole. Even with shopping through the app adding to the investing I'm still in the hole.
Android
Sep 26, 2023
This company is a joke. I can't verify my bank account because they are too incompetent to send the micro deposits for me to verify. I tried reaching out to customer service, but their support staff are idiots. Don't waste your time with this app, it's been two weeks and still no micro deposits. I've entered the correct account information and triple checked it, but they aren't sending it to the correct account. I've talked to two support staff who have both told me incorrect bank accounts.
Android
Sep 26, 2023
I changed my bank account and tried to withdraw my money. At the time of writing this, it's been 10 days since they locked my account for a "review." DO NOT use acorns. I'm not sure what they're up to but I'm on my way to file a lawsuit over this, which is absolutely ridiculous, just to get MY money.
Android
Sep 26, 2023
App functions well and the idea was a good one....the bad is the actual investing. I've been doing monthly deposits for a few years and the gains can't even come close to matching the monthly charge for their service. Seriously flawed when it's gear toward investing in failing stocks.
Android
Sep 26, 2023
I've had acorns for several years and have always been satisfied up until now I received my back pay and my disability check which I have direct deposit to my account. Few days ago I take My grandbabies who live with me we were going to get food my card was declined they locked my account I still can't get in it.
Android
Sep 26, 2023
Customer service is useless and rude will go elsewhere,I don't trust this app
Acorns: Invest Spare Change - Product Description
Acorns helps you invest and save for your future. With over 20 million downloads and $15+ billion invested for our customers since launch, we are an ultimate investing and money-saving app. Get started in minutes, and give your money a chance to grow in the background of life. 

“Investing is now made for everyone.” - Forbes (1)

Invest, save, learn and grow with Acorns. Receive the tools to help your money grow.

+ INVEST FOR YOUR FUTURE - Your money is automatically invested into one of our diversified, ETF portfolios, built by experts and recommended for you. Plus, easily personalize your investments with a Bitcoin-linked ETF and a Custom Portfolio option which allows you to invest in stocks from a list of 100+ public U.S. companies. At Acorns, we keep diversification in mind with the belief it can help you make the most of your money.

+INVEST THE CHANGE® - Invest spare change with automatic Round-Ups®, and invest money in the background of life with recurring investments.

+ INVEST FOR YOUR KIDS - With Acorns Early, you can start investing for the future of your loved ones. Our UTMA / UGMA investment account for kids features custom Earn rewards and education for families. Invest automatically into a diversified, ETF portfolio, built by experts.

+ INVEST FOR RETIREMENT - Save money for retirement with our easy IRA investing options, featuring SEP, Traditional, and Roth plans. 

+ BANK SMARTER - Get an Acorns Checking account and a heavy metal debit card that invests your spare change when you spend and automatically invests a portion of every paycheck. Get paid up to 2 days early when you set up direct deposit with Acorns Checking. Set an Emergency Fund goal and automatically start saving a piece of each paycheck for those surprise expenses.

+ EARN REWARDS - Shop 15,000+ brands and receive bonus investments and exclusive deals on your favorite brands. Search millions of jobs in our Job Finder, and earn exciting, limited-time referral bonuses of up to $1,200. The more you earn, the more you can save and invest! Plus, try our Acorns Earn Safari Extension to easily, automatically earn rewards while you shop from your Safari browser on your iPhone.

+ GROW YOUR KNOWLEDGE - Custom financial literacy content right in your app. Learn how to grow your money, investment and savings strategies, and more. 

SAVE AND INVEST RESPONSIBLY WITH A MISSION-LED PARTNER

MISSION: With benevolence and courage, we look after the financial best interests of the up-and-coming, beginning with the empowering, proud step of micro-investing.

INVESTING PHILOSOPHY: The time-tested power of compounding, diversification, and sticking with it gives your money a chance to grow long term.

BACKED BY: Investors like Blackrock, PayPal, Dwayne Johnson, and Ashton Kutcher.

SECURITY: Acorns Securities, LLC is a member of SIPC. Securities in your account are insured up to $500,000. For details, please see www.sipc.org. SIPC does not protect against market risk, which is the risk inherent in a fluctuating market. Acorns checking accounts are FDIC-insured up to $250,000 through Lincoln Savings Bank or nbkc bank, Members FDIC, plus fraud protection, 256-bit data encryption, and all-digital card lock. Learn more about how FDIC protection works at www.fdic.gov.

NO HIDDEN FEES

Starts at $3 a month.

We bundle our products, tools, and education into straightforward subscription tiers so you can stay focused on investing for the long term.

From acorns, mighty oaks do grow. Download Acorns now and grow your oak!

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Disclosures are available in the images above and at www.acorns.com/disclosures 

Sources:
1. https://bit.ly/3iSAjhs
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