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 range from 0.03% to 0.18%
    Account fees (annual, transfer, closing)

    $50 per ETF to have your ETFs transferred to another broker when you close your Acorns account; no charge to sell your investments and have your money transferred
    Portfolio mix

    Five portfolio types that weight 7 ETFs based on risk tolerance
    Accounts supported

  • Individual non-retirement accounts
  • Roth and traditional IRAs
  • Online checking account with debit card
  • Tax strategy

    Not available
    Automatic rebalancing

    Free on all accounts
    Human advisor option

    Not available

    The app's Potential tool lets you adjust the dollar amount invested to see how your total investments will grow over time
    Bank account/cash management account

    The Acorns Spend account comes with a debit card, and mobile check deposit and check sending, but no interest is paid on the account
    Customer support options (includes website transparency)

    24-hour phone and chat support; response time is up to 48 hours, but a lot of information easily available on website