Acorns is geared towards younger new investors wanting to invest without the high entry fees and buy in pieces. Link with your bank account and or credit cards and it automatically invests your change into diversified portfolios. Acorns rounds up to the nearest dollar or more for every purchase and micro invests the difference.
- Round-Ups — For each credit card transaction the Round-Up to the nearest dollar is invested into Acorns.
- Found Money — With this feature, every time you use your Acorns-linked debit or credit card at a select retailer, that retailer will actually invest a bit into your Acorns investing account.
- Scheduled Deposits — Set recurring daily, weekly or monthly investments.
- Found Money — When you shop with Acorn’s Found Money partner brands, add money to your Acorns account. As of publication, Acorns has partnered with these companies, among many others: Apple, Airbnb, Blue Apron, Groupon, Hulu, and Walmart.
- Learn — Education section that includes investing basics, FAQs and a glossary.
- Grow — Interviews, news and how-tos that are available on the website or within the app.
- “Potential” — This new tool allows users to see the impact that a theoretical additional investment (daily, weekly or monthly) would have on their account.
- Round-Up Multiplier (New) — Instead of just rounding up to the next dollar, users can now multiply the extra investment by two, three or 10.
- Acorns Later (New) — Beginning in January 2018, Acorns users can invest in a specially designed individual retirement account (IRA).
- Acorns Gift Cards (New) — Now at participating stores and online, purchase $25 digital Acorns gift cards. This is a great option for getting a friend started with this service.