Quality degradation at Acorns: Invest Spare Change  
Users report higher volume of Quality Issues than usual
51
poor

Acorns: Invest Spare Change | unitQ Score

The unitQ score is the fraction of public feedback data (iOS & Android) that mentions quality issues.
100 = No Issues. 50 = Some Issues. 0 = All Issues
-7 Points Past 7 Days
Category: Finance
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30-Day Trend
 
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Android unitQ Score
Android User Feedback
72%
Android
176 Reports
iOS unitQ Score
iOS User Feedback
28%
iOS
68 Reports
User Feedback
28%
iOS
68 Reports
72%
Android
176 Reports
Acorns: Invest Spare Change - Latest Quality Issues
iOS
May 11, 2024
App is broken
I have been able to load the app in months. I've kept my phone and the app fully updated and haven't had any issues with any other apps.
iOS
May 11, 2024
No way to talk to anyone
Have not been able to get my banking verified.
iOS
May 11, 2024
Just started hopefully it gets betters.
I was told to download the app and did the refer a friend link to get 5$ but I never end up getting it, maybe only the other party gets it. I also right away rounded up my first 5$ but I did while my bank was still verifying with acorn so maybe a glitch happen in between. Hopefully it goes up from here.
iOS
May 13, 2024
Poor First Impression
I joined and cancelled within two months. I was double charged for my subscription for those two months and each time it happened, they couldn't see the charge on their end. I kept getting told to check if there was anybody else with my account info that may have also opened an account with them but there was not. Probably a glitch in their system but wasn't worth sticking around with them to find out what it actually was.
iOS
May 13, 2024
Closed accounts
My wife and I both close our accounts, but money was still withdrawn out of the account today. I need to speak with someone.
iOS
May 14, 2024
Takes a week to process a simple transaction
currently $300 in the hole because i tried to make a transfer, realized it would take 5 days, tried to cancel it and had to use my card from my checking account until then. now the transfer is stuck processing and will be for another 2 days and i have $-300 in my checking and $0 in my acorns checking.
Android
May 14, 2024
This app makes you pay monthly and will not generate any money, and to cancel the account you will also have to give them your bank account.
iOS
May 15, 2024
Charges are more than profits
Charges of $8 are more than the profit
iOS
May 15, 2024
Cannot cancel
I have canceled this app so many times and every so often I get a 5 dollar charge even though I've canceled then I can't cancel because there's 92 cents that you can't withdraw because it has to be 5 dollars or more it annoying at this point.
Acorns: Invest Spare Change - Product Description
Acorns helps you invest and save for your future. With over 20 million downloads and $15+ billion invested for our customers since launch, we are an ultimate investing and money-saving app. Get started in minutes, and give your money a chance to grow in the background of life. 

“Investing is now made for everyone.” - Forbes (1)

Invest, save, learn and grow with Acorns. Receive the tools to help your money grow.

+ INVEST FOR YOUR FUTURE - Your money is automatically invested into one of our diversified, ETF portfolios, built by experts and recommended for you. Plus, easily personalize your investments with a Bitcoin-linked ETF and a Custom Portfolio option which allows you to invest in stocks from a list of 100+ public U.S. companies. At Acorns, we keep diversification in mind with the belief it can help you make the most of your money.

+INVEST THE CHANGE® - Invest spare change with automatic Round-Ups®, and invest money in the background of life with recurring investments.

+ INVEST FOR YOUR KIDS - With Acorns Early, you can start investing for the future of your loved ones. Our UTMA / UGMA investment account for kids features custom Earn rewards and education for families. Invest automatically into a diversified, ETF portfolio, built by experts.

+ INVEST FOR RETIREMENT - Save money for retirement with our easy IRA investing options, featuring SEP, Traditional, and Roth plans. 

+ BANK SMARTER - Get an Acorns Checking account and a heavy metal debit card that invests your spare change when you spend and automatically invests a portion of every paycheck. Get paid up to 2 days early when you set up direct deposit with Acorns Checking. Set an Emergency Fund goal and automatically start saving a piece of each paycheck for those surprise expenses.

+ EARN REWARDS - Shop 15,000+ brands and receive bonus investments and exclusive deals on your favorite brands. Search millions of jobs in our Job Finder, and earn exciting, limited-time referral bonuses of up to $1,200. The more you earn, the more you can save and invest! Plus, try our Acorns Earn Safari Extension to easily, automatically earn rewards while you shop from your Safari browser on your iPhone.

+ GROW YOUR KNOWLEDGE - Custom financial literacy content right in your app. Learn how to grow your money, investment and savings strategies, and more. 

SAVE AND INVEST RESPONSIBLY WITH A MISSION-LED PARTNER

MISSION: With benevolence and courage, we look after the financial best interests of the up-and-coming, beginning with the empowering, proud step of micro-investing.

INVESTING PHILOSOPHY: The time-tested power of compounding, diversification, and sticking with it gives your money a chance to grow long term.

BACKED BY: Investors like Blackrock, PayPal, Dwayne Johnson, and Ashton Kutcher.

SECURITY: Acorns Securities, LLC is a member of SIPC. Securities in your account are insured up to $500,000. For details, please see www.sipc.org. SIPC does not protect against market risk, which is the risk inherent in a fluctuating market. Acorns checking accounts are FDIC-insured up to $250,000 through Lincoln Savings Bank or nbkc bank, Members FDIC, plus fraud protection, 256-bit data encryption, and all-digital card lock. Learn more about how FDIC protection works at www.fdic.gov.

NO HIDDEN FEES

Starts at $3 a month.

We bundle our products, tools, and education into straightforward subscription tiers so you can stay focused on investing for the long term.

From acorns, mighty oaks do grow. Download Acorns now and grow your oak!

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Disclosures are available in the images above and at www.acorns.com/disclosures 

Sources:
1. https://bit.ly/3iSAjhs
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