Quick Answer
Acorns automatically invests your spare change by rounding up purchases to the nearest dollar. Over 10 million subscribers. Personal plan $3/month includes investment IRA and checking accounts. US only.
What It Does
Acorns automatically rounds up linked card purchases and invests the spare change, manages diversified ETF portfolios based on risk profile, supports automated recurring investments, provides retirement accounts including IRA, offers a checking account with round-up investing on all purchases, includes an early investing account for children, delivers personalized financial education content, and uses AI to suggest contribution optimizations.
What It Cannot Do
Acorns is designed for passive micro-investing not active trading — users cannot select individual stocks. The investment portfolios are limited to Acorns-selected ETFs. The monthly subscription fee can represent a high percentage of assets for very small account balances. US only.
Who Is It For
Beginning investors particularly those who struggle to save or invest consistently. Ideal for people who want to start investing with very small amounts and build the habit automatically without requiring financial knowledge or active management.
About Acorns AI
Acorns pioneered the spare change investing concept and has grown to over 10 million subscribers by making investing as automatic and painless as possible. The app rounds up everyday purchases to the nearest dollar and invests the difference in a diversified portfolio of ETFs chosen based on the user's risk profile. Acorns has expanded beyond micro-investing to include retirement accounts, a checking account, and an early investing account for children. Its AI capabilities help personalize the investment experience, suggest appropriate contribution amounts, and provide financial education content tailored to the user's financial situation.
Pricing and Access
Personal $3/month includes taxable investment account, IRA, and checking. Premium $5/month adds early investing for kids and additional features. Note: $3/month is a high fee percentage for very small balances.
Platforms
How AI Works
HybridFounded
2012
Headquarters
Irvine, USA