Acorns at a glance

Overall
4.0 NerdWallet rating
Account minimum

$0 to open account; $5 required to start investing
Account management fee

  • $1 a month for taxable investment account
  • $2 a month for IRA account and investment account
  • $3 a month for checking account plus investment and retirement accounts
  • Investment expense ratios

    Exchange-traded fund expense ratios average 0.10%
    Account fees (annual, transfer, closing)

    None
    Portfolio mix

    ETFs from up to seven asset classes
    Accounts supported

  • Individual non-retirement accounts
  • Roth and traditional IRAs
  • Tax strategy

    Not available
    Automatic rebalancing

    Free on all accounts
    Human advisor option

    Not available
    Tools

    The app's Potential tool lets you adjust the dollar amount invested to see how your total investments will grow over time
    Customer support options (includes website transparency)

    Phone, email and in-app chat support. Response time is up to 48 hours, but a lot of information easily available on website
    Promotion

    Free for college students with a valid .edu email address for up to four years from sign-up date