Acorns Reviews

User Rating

2.3/5 (Based on 480 Ratings)

Rating Distribution

Excellent
29.2%
Very Good
3.3%
Average
1.5%
Poor
4.6%
Terrible
61.5%

User Sentiments

Ease of Investment, Automatic Investment Features, Round-up Feature, User-Friendly Interface

Account Verification Issues, Customer Support Issues, Referral Program Issues, Lengthy Withdrawal Process

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Review Summary

Overall, Acorns users appreciate its user-friendly interface, low fees, and ability to help them save and invest effortlessly. Many users report positive experiences with the app's features, such as round-ups and automatic investments, which have facilitated their financial goals. However, some users have expressed concerns about the app's limited investment options, occasional technical glitches, and customer support responsiveness. These issues may hinder the overall user experience and satisfaction.

Pros

Easytouse interface: Acorns' userfriendly interface makes investing accessible for beginners.
Roundups: Acorns' roundup feature automatically invests spare change from purchases, helping users save without much effort.
Educational resources: Acorns offers various educational resources, including articles, videos, and podcasts, to help users learn more about investing.
Socially responsible investing options: Acorns allows users to invest in socially responsible companies that align with their values.

Cons

Limited investment options: Acorns only offers a limited selection of investment portfolios, which may not suit the needs of experienced investors.
High fees: Acorns' management fee of $3 per month (or 0.25% of assets under management) can be a significant expense for small accounts.
Lack of advanced investment features: Acorns does not offer advanced investing features, such as fractional shares or realtime market data, which some investors may find limiting.
Account minimums: Acorns requires a minimum deposit of $5 to open an account, which may be a barrier for some potential users.

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Reviews

Landon Robins

December 9, 2024 Source: Trustpilot.com

It's a great way to save money and gain…

It's a great way to save money and gain a little atop of it.

Jason Haith

December 4, 2024 Source: Trustpilot.com

It's a quick and easy way to save for…

It's a quick and easy way to save for the future

Steve Cylc

December 2, 2024 Source: Trustpilot.com

I like how it let me save my money

I like how it let me save my money. The round up feature really adds up.

Roger Voigt

December 2, 2024 Source: Trustpilot.com

Very good company great customer…

Very good company great customer service qualified staff

Marshall McElroy

December 2, 2024 Source: Trustpilot.com

Good investment app

Migdalia

November 19, 2024 Source: Trustpilot.com

Love the company sometimes I need money and you help me a lot thank you

Hi, you help me when I need it thank you very much!

OB

November 11, 2024 Source: Trustpilot.com

good way to save money

Date of experience: November 11, 2024

Bill Morris

October 28, 2024 Source: Trustpilot.com

Money Talks!

Acorn not only gives it's customers a great opportunity to grow money, but also the opportunity to make serious money with our owner referral program.

Rebecca Skinner

October 24, 2024 Source: Trustpilot.com

At first

At first, I was aggravated, BUTta, I called back and I was connected with Coziah (beautiful name BTW)! I've been going through a world of hurt in the past, and, within minutes, she put my mind and soul at ease! AND, I asked for financial help, and as much as she wanted to help in some ways, she knew her limits and told me to seek a financial advisor! May God Bless this gal! Thank you sweetie!! My hat's off to ya and may you go far in your career!

Corey Trussell

October 21, 2024 Source: Trustpilot.com

Financial Literacy

Thank you, Acorns.

Acorns Reviews

User Rating

Rating Distribution

User Sentiments

Do You Use Acorns?

Review Summary

Pros

Cons

Landon Robins

Jason Haith

Steve Cylc

Roger Voigt

Marshall McElroy

Migdalia

OB

Bill Morris

Rebecca Skinner

Corey Trussell

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