Acorns is a robo advisor that has a handful of convenient features like automated savings, cashback, and recurring deposits. Whether you’re a beginner looking for expertly-made diversified portfolios or a veteran looking for the best self-directed investing tools, Acorns’ got you covered.
While Acorns' signup bonus isn't as high as those you'll get from Moomoo or Webull, it's still good when you consider how easy it is to get. To claim your $20 Acorns referral bonus (the highest available offer), use the signup bonus link below.
How To Use Your Acorns Referral Code
Acorns has a referral program for new clients. When you sign up with Acorns using our referral link (or our Acorns referral code YOREOYSTER), you'll receive a bonus of $20. You can also earn money by inviting friends. More on this in the Acorns’ Referral Program section.
To use the promo code:
- Visit Acorns‘ website. Click on the Get Started button.
- Enter your email. Keep in mind that Acorn is only available for US residents.
- Fill in some of your basic information.
- Verify your identity.
- Fund your account.
What Is Acorns?
Acorns is a robo advisor based in Irvine, California. Acorns gives its customers access to diversified portfolios of low-cost ETFs suited to their risk tolerance and goals based on how they answer a handful of questions. You'll be asked your age, net worth, income and when you may need to access your funds in the future. Based on your answers, Acorns will recommend the best portfolio for you.
With Acorns, you'll be able to get exposure to different types of assets, including stocks, options contracts, ETFs (including REIT ETFs), real estate (through REITs), and more.
Acorns Features
Acorns offers plenty of useful features for making the investing process smoother. Some of Acorns’ top features include:
- Round-Ups: Acorns rounds up your everyday purchases to the nearest dollar and invests the spare change. For example, if you spend $3.50 on coffee, it rounds up to $4 and invests the extra $0.50 for you.
- Automated Investing: Acorns offers automated portfolio management. You select your risk tolerance, and Acorns builds a diversified portfolio for you, regularly rebalancing it.
- Found Money: Acorns partners with various brands, and when you shop through their links, you can earn cashback, which is automatically invested in your account.
- Acorns Later: This feature allows you to set up an Individual Retirement Account (IRA) and start saving for retirement with automated contributions.
- Acorns Spend: Acorns offers a checking account called Acorns Spend. It includes a debit card, and you can easily move money between your spending and investing accounts.
Acorns Fees
Acorns offers two plans, Personal and Family. Both plans have no account minimums, but they do incur slightly different fees:
- Personal, $3 monthly fee. Includes investment, retirement, and checking accounts. You also receive a metal debit card and access to financial advisors.
- Family, $5 monthly fee. Includes investment accounts for kids, personal investment, retirement, and checking accounts, as well as exclusive offers and content.
How To Sign Up With Acorns
#1 Visit Acorns‘ website. Click on the Get Started button.
#2 Enter your email. Keep in mind that Acorn is only available for US residents.
#3 Enter your mailing address and other basic information.
#4 Confirm your phone number.
#5 Verify your identity and fund your account.
Acorns’ Referral Program
Like Wealthsimple, M1 Finance and other popular brokers, Acorns offers a referral program. After creating your Acorns account and funding it, you will find receive your referral link. You can find your referral link by navigating to the Invite Friends, Get $5 menu. After you receive your referral code, you can:
- Share your code via text, email, or with your social media audience.
- Once a referee signs up and completes their first $5 investment, both of you will be credited $5.
- There’s no limit to how many people you can invite.
Since you're using our unique Acorns promo code, though, you'll earn $20 instead of the standard $5 referral amount.
Is Acorns Safe & Legit?
Yes, Acorns is a safe platform to use. Acorns has partnered with the Lincoln Savings bank, a member of the FDIC, and it's regulated by both FINRA and the Security Investor Protection Corp (SIPC).
In Summary
Acorns is a robo advisor that has a handful of convenient features like automated savings, cashback, and recurring deposits. Whether you’re a beginner looking for expertly-made diversified portfolios or a veteran looking for the best self-directed investing tools, Acorns’ got you covered.
While Acorns' signup bonus isn't as high as those you'll get from Moomoo or Webull, it's still good when you consider how easy it is to get. To claim your $20 Acorns referral bonus (the highest available offer), use the signup bonus link below.
