Does Acorns Have A Sign-Up Bonus And How Much?
The Wealth Gang team writes about financial information, apps, programs and other wealth tools that we think you want to use or learn more about. Occasionally, we write about items that are a part of one of our affiliate partnerships and we will get a percentage of the revenue from sales. There is, of course, no cost to you.
Thank you for all your support! Without you, we could not keep this site running.
Here’s the thing about investing: When you start to see your money work for you, it’s only natural to share what’s working for you with your friends and family.
Referral bonuses via spare change investing apps like Acorns are a popular way to share investment products with your social circle. The apps then incentivize this behavior for the existing customer, sweetening the deal for beginning investors.
At the end of the day, you’re giving each platform a new customer. Think of it as a thank you for having kind things to say about the platform.
To answer the question:
Yes, Acorns does have a sign-up and referral bonus. Unlike other investment and brokerage apps, Acorns is very aggressive when it comes to its promotional offers. They freshen offers up on a weekly and monthly basis to encourage referrals and sign-ups.
The most recent Acorns sign-up bonus for new customers is a VIP offer to receive $10 after signing-up for Acorns and funding your account.
Current Acorns Referral Bonus
Once you’re an Acorns customer, you can receive additional money by referring friends and family.
Update 4/4/2021: The current Acorns referral bonus is to get $1000 when you invite 4 friends, ending on 4/10/2021. If you’re already on Acorns, that’s a pretty awesome referral bonus for new Acorns customers!
This follows on the heels of a very lucrative recent promo where Acorns users could invite 3 or more friends to sign up for Acorns and to earn $600 invested, which ended on 03/27/2021.
To avoid confusion about when you’ll be seeing your referral bonus, read Acorns’ terms and conditions for referral offers.
Understand that in order to receive your bonus, the people you refer will have to sign-up and fund their account for their first investment. Their account must be in good standing by a certain date for you to receive your bonus.
Friends must sign up between 12:00am PST 04/04/2021 and 11:59pm PST 04/10/2021 and each have a verified account in good standing and make their first successful investment by 04/30/2021. Bonuses are paid out by 05/15/2021. Referees and Referrers who: (i) close their account before 05/15/2021, (ii) have not made at least one successful investment before 05/15/2021, (iii) make an investment that results in a reversal from their bank, or (iv) have Acorns accounts that are otherwise not in good standing will not qualify for the promotion. Referral awards are made at the sole discretion of Acorns. All referrals must be made in accordance with the Acorns Referral Agreement and Referral Promotion Terms and Conditions. Limit one Bonus per Referrer.
Just starting is the first step. When saving and investing, a little here, a little there goes a long way over time. Acorns’ ambitious referral program helps inch this along.
If you’re on the fence about Acorns, read the story of how one person saved and invested $50,000 using Acorns. This person managed to passively accumulate over $10,000 of gains in five years.
After all, what’s better than also helping those in your social circle by sharing what’s working for you?