Acorn is an investing app designed for minors and young adults who want to start small and grow their portfolios. I am imagining an acorn maturing into a mighty oak tree. The micro is an investing app designed for minors and young adults who want to start small and grow their portfolios. Acorns offer a $10 bonus when you sign up for a new account. In order to encourage people to use their product, Acorns offers a $10 bonus when you create a new account. Acorns Referral Bonus (Acorns – Invite your friends, get $5, and give $5
Acorns ($10 bonus)
- Free value: $10 to $75
- Available on: Apple iOS and Google Android.
About Acorns
Acorns help you automate saving and investing, and with small roundups, you won’t even notice the difference. You’ll be able to select from professionally-created portfolios, so investing is automatic and diversified (note: you won’t be buying individual stocks with Acorn). Acorns offer a $10 bonus when you sign up for a new account. In order to encourage people to use their product, Acorns offers a $10 bonus when you create a new account.
Using Acorns, you can invest your spare change by rounding up your purchases to the nearest dollar. Acorns will round up a purchase of $5.25 cents to $6 by using automatic roundups by investing $0.75 on your behalf.
In addition to the roundups, you can also set up automatic recurring contributions, or you can contribute manually at any time. One notable feature is the option to invest in Acorns Sustainable Portfolios. Saving and investing for kids is easy with Acorns Early, one of their investment products. You can also open an Acorns Spend checking account, which will help you save and earn more money.
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As Acorns is a subscription-based service, you’ll want to make sure the benefits outweigh the costs.
Roundups are a great way to invest your spare change | Create recurring investments |
Invest in portfolios created by professionals | Acorns Early is a great way to invest in your children |
Acorns Promotions: $75 Checking Bonus, $10 Sign Up Bonus & Referrals (Acorns Referral Bonus)
Acorns app lets you invest your spare change by rounding up your debit and credit card purchases. Whenever your roundups reach $5, Acorns withdraws the money and invests it in your personalized stock portfolio. Compare Acorns to Digit.co, Astra, and Qapital. Check out the current bonus offer from J.P. Morgan. Pricing ranges from $1 to $3 a month, depending on the package you choose.
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Below are the current offers from Acorns.
Offering a $75 bonus on Acorns Checking Accounts
What you’ll get | $75 bonus |
Where it’s available: | Nationwide |
How to earn it: | 1. Create your Acorns Checking account by clicking the link 2. Install Acorns Checking as your direct deposit method with your employer. 3. Within three months of receiving your first direct deposit, you must receive 2 direct deposits of at least $250 each and spend at least $500 from your Checking account 4. You will receive your $75 bonus within 45 days. |
When it expires: | 3/31/2022 |
Rewards
You will receive a $5 investment from Acorns when someone becomes an Acorns subscriber and creates a new Acorns Invest account using your invitation code or referral link.
In the promotional period (March 6 – March 12, 2022), you shared the information with them. You refer those who set up their Acorns Invest account and made the first investment; acorns will invest $5 into their Acorns Invest account. Your rewards will be awarded each time you and your referral meet the eligibility criteria below in accordance with the Acorns Referral Agreement. |
Eligibility
You are eligible for this reward each time a new subscriber joins
(1) Signs up for a new Acorns subscription using your personal invitation code or referral link
During the promotional period (March 6 – March 12, 2022) you shared with them.
(2) Use a linked bank account to fund a $5 investment in an Acorns Invest Account during the promotional period (March 6 – March 12, 2022). If you earn a reward under this promotion, you will only receive it if your Acorns subscription and each of your Acorns accounts are verified, have a linked funding source, and are in good standing with Acorns at all times between when you meet the eligibility criteria and when the reward is invested. These requirements can be waived at Acorns’ discretion
How to get free stocks from Acorns
When you sign up for an Acorns account, you’ll receive a $10 bonus. Acorns will deposit $10 into your account the first time you sign up and make your first investment, which will be invested according to your preferences.
For example,
- Suppose you buy a $4.25 latte from Starbucks. If automatic roundups are enabled, Acorns rounds this amount to $5 and invests the $0.75 on your behalf.
- The idea behind the app is simple: as you make regular purchases, you put money into your investments over time. The service automates your investing through small roundups, hiding the decision to invest.
- Our service invests your contributions in professionally-created portfolios to ensure that your investments are aligned with your financial goals and remain diversified.
- When you’re a teenager or younger, this is a convenient way to learn how to invest since it builds lifelong investing habits.
- You can use this service for a small monthly fee (as low as $3). In addition to Acorns Invest and Acorns Later, Acorns also offers Acorns Later, a service designed to help young adults set aside money in an individual retirement account (IRA), one of the best investments.
Acorns: Refer 2 People and Get $300 Bonus
This week, I referred two people for $300. Conditions. Use Chuck’s link here if you want to support the site, though you’ll earn more Swagbucks through this Swagbucks deal. This week, I received four referrals for $600.
Referral program: how does it work?
- Referring a friend through our referral promotion program involves sending an invitation link to your friend.
- Upon referral, your friend will receive five dollars or another applicable referral promotion amount, which will be deposited into your Acorns Invest account and invested for you.
- Alternatively, you can find your referral link by tapping the “Invite Friends, Get $5” option in the app or by visiting the “Invite Friends” page on Acorns.com.
- After their account is fully approved and their first investment of $5 or more has been successfully completed, they will receive rewards. This offer may be restricted or revoked at any time by Acorns.
What is the Sign-Up Process?
- Get $5 when you invite friends. Thank you for helping your friends grow wealth with us! You can find information below about our ongoing, automatic $5 referral reward and our special referral bonuses.
- If you refer friends to Acorns through your custom referral link, and they invest at least $5 in their new Acorns Invest account, we will invest a $5 “thank you” bonus into your Acorns Invest account. As a welcome gift, we will also invest $5 into your friend’s Acorns Invest account after they make their first investment. Processing usually takes a few business days
- Those who qualify for the referral bonus must meet the following requirements:
1. Your referral link must be used by your friend to create an account within the same month that you send it
2. Your friend must have his/her account approved
3. A friend must make a successful investment
4. You can view your referral bonuses on the Recent Activity screen in the Acorns app.
5. Please allow 2-5 business days to see the reward pending on your past screen if someone has completed the above requirements and hasn’t received it.
The Monthly Fee
- You pay Acorns Subscription Fees based on the tier of your enrolled services.
- Currently, Acorns offers two subscription tiers: $3/month for individuals and $5/month for families with unlimited children.
Fine Print
- The following debit card transactions will qualify for the $500 spending requirement:
- (i) card swipe transactions/chip reader transactions
- 2) Card purchases made online.
- Individuals must qualify for Direct Deposits by their employers, payroll providers, or benefits payers by way of Automated Clearing House (ACH) deposits.
- ACH transfers from financial institutions, verification or trial deposits from financial institutions, peer-to-peer transfers using PayPal, Cash App or Venmo, mobile check deposits, and cash loads or deposits do not qualify as Direct Deposits.
- Your $75 reward will be invested as a lump sum in your Acorns Invest account within 45 days of qualifying for this promotion.
- Your Acorns Invest and Checking accounts must be open, verified, and in good standing at the time of reward fulfillment.
- The offer is only valid for the recipient, and it cannot be transferred.
- This $75 Direct Deposit reward is only available once to a customer.
- It cannot be combined with any other Direct Deposit promotion.
Conclusion
Although the bonus amount isn’t eye-popping, it’s worth your while if you’re already a subscriber. There is no way to waive the $3 or $5 monthly subscription fee with this checking account.
FAQs
Is there a referral bonus at Acorns?
To find the referral link, tap the “Invite Friends, Get $5” button in the app or by using the “Invite Friends” feature on Acorns.com. Rewards will be created after their account is fully approved and they successfully complete their first investment of $5 or more.
Is it possible to get Acorn for $600?
You can check out the current offers from Acorns or all available offers instead. If you refer 3 friends who open a new Invest account and make their first deposit with Acorns, you’ll receive a $600 bonus. To qualify, you do not need to already have an Acorns account.
How do Acorns referrals work?
Acorns will invest bonuses within 14 business days after verifying that all eligibility criteria have been met. The decision to award referral bonuses rests exclusively with Acorns. Referrals must follow the Acorns Referral Agreement and Referral Promotion Terms and Conditions. Each referral can only receive one bonus.