Acorns: Save & Invest Money

42 of 100 · reviews
4.7of 5 · store
954,506ratings on the App Store
476reviews read

An editorial reading of the saved reviews

Acorns nicely builds a saving habit by rounding up purchases, and beginners like it. But the money side scares people: they report charges after cancelling, being unable to withdraw, and sudden account holds under the guise of review. The subscription eats returns on small balances, and support is slow and glitchy.

What people use it for

People who want to quietly save spare change from purchases and can accept a monthly fee

What reviews praise

Round-up and auto-saving, simple start, basic learning, motivation to save

What reviews complain about

Charges after cancelling subscription, withdrawal delays and holds, account under review with no explanation, subscription eats returns on small balances, slow glitchy support

What users experience

1 excerpt from the breakdown. These are individual cases, not a verdict on all users.

Well let me first start by saying I love the round up portion and the re-accruing weekly/monthly investment. What is making me want to get rid of Acorn is the lack of options. What I mean by that: I have a couple of positions (stocks) that I added to my portfolio. I am now wanting to remove some