Top tier
been around for a while so theyve had time to get it right and it shows. polished experience tbh
Acorns
Read 3318 verified reviews for Acorns. See ratings, business responses, and what customers really think.
acorns.comIrvine, US
finance-insurance
Founded: 1996
Rating: 3.8/5Based on 3318 Reviews
- 5 ★: 35 Reviews
- 4 ★: 10 Reviews
- 3 ★: 4 Reviews
- 2 ★: 4 Reviews
- 1 ★: 0 Reviews
GuardScore is based on recency, verified reviews, and review volume.
Learn more about GuardScoreCustomer reviews for Acorns
BlazePhoenix69Rating: 5/5Verified luis2024Rating: 5/5Verified solid product, fair price, does what it promises. no bs, no hidden charges. refreshing imo
VoidCode2023Rating: 5/5Verified Excelente
sorprendido para bien, no esperaba tanto y cumplió de sobra con lo prometido!
VoidGlitch_officialRating: 5/5 Todo perfecto, el soporte respondió rápido y me solucionaron el problema en el día imo
claire_xRating: 4/5Verified good value for money, does what i need. onboarding could be better but im happy now!
juliaRating: 5/5Verified Best I've tried
been using this for like 6 months now and cant complain. does what it says on the tin
StormDragon_tvRating: 5/5Verified Highly recommend
lowkey underrated tbh. doesnt get the hype but quality is there. definitely recommend imo
pedro_mRating: 5/5Verified Outstanding
Definately worth it. Been recommending it to everyone i know fr
GhostHawkXxRating: 5/5 Top tier
the support team actually knows what theyre doing. had my issue resolved in one chat session. rare tbh
ProLynxXXRating: 5/5Verified lowkey underrated tbh. doesnt get the hype but quality is there. definitely recommend!
About Acorns: Reviews
Pros
- Automatic roundup investing makes saving effortless
- User-friendly mobile app suitable for beginners
- Offers diversified portfolios and educational content
Cons
- Subscription fees may add up for small investors
- Investment options limited to ETFs only
- Some users report slow transfer and funding issues
Business Description
**What is Acorns?** Acorns is a financial services company founded in 2012, headquartered in Irvine, California. It provides a micro-investing platform designed to assist individuals and families in managing their finances by automatically saving and investing spare change. The target audience consists primarily of consumers looking for simplified, low-barrier ways to start investing and growing their money. Acorns focuses on making investing accessible to users who may be new to financial planning. **How does it work?** Acorns operates by linking to users’ everyday spending accounts, such as debit or credit cards, and rounding up each transaction to the nearest dollar. The rounded-up spare change is then automatically invested into diversified portfolios chosen based on users’ financial goals and risk tolerance. The app also offers features like recurring investments, retirement accounts, and educational content to help users make informed decisions. Technically, it combines mobile app convenience with automated portfolio management algorithms to facilitate continuous micro-investing. **Products and services** Acorns offers micro-investing accounts that automatically invest users’ spare change from purchases into ETFs. It provides additional offerings including retirement accounts (IRA), checking accounts with debit cards, and a Found Money cashback program where partner brands invest into user accounts when users shop with them. The platform’s services are accessible via mobile app and website, providing account management, portfolio tracking, and educational resources. Its revenue model involves subscription fees from users opting for premium services alongside asset management fees.
How is the GuardScore calculated?
Recency · Recent reviews carry more weight than older ones, reflecting the current customer experience.
Verified reviews · Only reviews from real, verified customers are counted in the GuardScore.
Volume · The more reviews a business has, the more reliable and stable its GuardScore becomes.
Learn more about GuardScorefinancial-planningmicro-investinginvestment-accountsretirement-accountsautomated-investingsavings-appmobile-app
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Frequently Asked Questions about Acorns
Is Acorns a safe way to invest my money?
A lot of users seem to think Acorns is generally safe for long-term investing, but some have raised concerns about their experiences with customer service and account issues. It's not labeled as a scam; it just may not be perfect for everyone.
What should I do if I have trouble withdrawing my funds from Acorns?
Some people have complained about issues when trying to access their funds, which can be frustrating. If you run into this, reaching out to customer service is usually the way to go, even if responses can be slow.
Why are people saying that Acorns is a scam?
Some users claim Acorns charges high fees for poorly investing their money, which can make it feel like a scam to them. However, others counter that it maintains the same certifications as bigger companies, so it’s more about personal experience.
What are the account issues users face with Acorns?
There have been complaints about a range of account issues, from logging in problems to account restrictions. These can be super frustrating, so keeping track of your account status and contacting support promptly is often recommended.
Does Acorns have good customer service?
Based on user reviews, customer service seems to be hit or miss. Some users are satisfied with their support experiences, while others feel it's lacking and takes too long to get help.
Can I expect quick returns on my investments with Acorns?
Most people say that Acorns is not about quick returns, as the platform is designed for long-term investing. It’s a way to grow your money gradually, so if you’re looking for a fast payout, this might not be the best fit.
