Acorns, Earn Share of $100,000 When You Refer 5 Friends

I’ve posted about Acorns previously. 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. Individuals under 24 years of age and those attending college pay no fees.You can read more about the app here. They also have a ‘Found Money’ rewards program that works like a cashback portal, but the cash back is invested instead. Now there’s a new Acorns referral bonus.

Acorns $1,000 referral bonus

Signup & Referral Bonus

Acorns has a $5 signup bonus. If you’re interested, you can sign up here with my referral link.

Recently they have offered bonuses of $1,000 when you get 10 or 12 friends to sign up during a certain month. Now, in march, they are offering a different kind of bonus. Invite 5 friends to Acorns this month, and split $100,000 with everyone else who does. Friends must start investing this month. You’ll also earn our $5 referral reward, and to help the world around us grow, we plant an oak tree for each new friend.

The bonus this time is easier since you only need 5 referrals, but you also don’t really know what kind of extra bonus you will, since it depends on how many people will get 5 referrals. You will still earn $5 per referral even if you don’t reach five referrals.

acorns referral bonus

Offer Terms

  • Friends must sign up on or after 3/01/2018 and make their first investment by 3/31/2018.
  • Bonuses are paid out by 4/15/2018.
  • Referrals who close their account before 4/15/2018, or make an investment that results in a chargeback, will not qualify for the promotion.

Guru’s Wrap-Up

The app is an easy way to get into investing and it costs just $1 per month if your account balance is less than $5,000. I have had an account for almost a year and so far returns have been decent. There’s better apps out there, like Robinhood, with no fees. But if you think you can get a few friends to sign up, then Acorns is probably a good option also. You can also make use of the cashback portal section, which has some interesting offers sometimes.

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4 thoughts on “Acorns, Earn Share of $100,000 When You Refer 5 Friends

  1. What I’m trying to find out and can’t seem to find any information on is what happens to the 20,000 that I will apparently obtain once I get 5 referrals? Is that able to be withdrawn ever? Do you know? I’m going to try to contact their customer support but figured i’d See if anyone has posted more info first. Thanks in advance.

    • I really doubt the bonus will be anywhere to 20K. The 100K bonus will be divided between all those people who are able to get 5 referrals this month. So if 1000 people do it the bonus will be $100. You’re able to withdraw fund to an account.

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