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Acorn app review
Acorn app review









acorn app review

For example, Acorns users can currently earn 4% back from Uber Eats, up to 1.8% on Airbnb bookings, $75 back when they buy a Casper mattress, and much more. Akin to other cashback sites and apps like Rakuten (Ebates) or Dosh, Eans allows users to shop offers from various retailers and have a portion of their purchases added to their Acorns balance. The app also offers a feature called “Earn” (formerly known as Found Money). In addition to Round Ups, Acorns also allows you to add extra funds whenever you want or even schedule additional deposits consistently. You can tap on each of these funds to view additional details on each and can view prospectus information for each on Acorns’ site. More specifically each of these categories corresponds to a fund such as the Vanguard S&P 500 ETF (VOO) for large company stocks, the iShares Core S&P Small-Cap ETF (IJR) for small company stocks, among others. You can also see the breakdown of the seven categories your money will be invested in: large company stocks, small company stocks, emerging market stocks, international large company stocks, real estate stocks, government bonds, and corporate bonds. This comes complete with projections based on a basic monthly contribution and target dates. While you can’t choose exactly what stocks you’re investing in, you can choose between five different settings ranging from conservative to aggressive. 00 that add $1 to your investment account). You can also have different settings for different cards or even deselect Round Ups before they actually get deposited (like transactions that end in. For example, if you spent $2.74 on a cup of coffee, Acorns would add $.26 to your account which would then be invested once you reach at least $5. Round Ups are calculated by linking debit or credit cards and either automatically or manually selecting which transactions should be rounded up to the nearest dollar. Acorn’s main functionality is depositing what they call “Round Ups” into various investment portfolios.











Acorn app review