Acorns is an investing app that round up your daily purchases and automatically invests the ‘change’ into a diversified portfolio of ETFs. Acorns makes it cheaper to invest, but it’s not free. It will cost you $1 per month for accounts under $5,000, or 0.25% per year for accounts over $5,000. Still significantly less than a traditional broker. Individuals under 24 years of age and those attending college pay no fees.You can read more about the app here.
Increased Sign-Up Bonus
Now they have increased the sign-up bonus from $5 to $10. To get you $10 bucks, you just need to sign up up and fill out your profile info. Here’s a referral link. Once you have your account you can also invite people to sign up and earn $10 per referral.
Acorns has a rewards program called “Found Money,” which will give you bonus investment cash when you shop at partners like, eBay, Boxed, Airbnb, Jet.com, 1-800-Flowers, and Hotel Tonight etc.
eBay is probably one of their most interesting partners, since it offers 2% cashback. BeFrugal is your next best thing with 1.2%.
Terms exclude gift card purchases but I haven’t tested it yet if it is enforced. Cashback is limited to $40 per month. The eBay cashback offer expires on 1/1/2018.