What fees are associated with using Acorns?
Asked a year ago
Acorns has a straightforward fee structure designed to be transparent and affordable. The Basic account costs $1 per month and includes all the essential features. For individuals who want to take advantage of Acorns Later (IRA) or Acorns Spend (checking account) in addition to the Basic account, the price is $3 per month. Acorns Later has a fee of $2 per month for IRA accounts with a balance under $1 million, while Acorns Spend carries a $3 per month fee. College students with a valid .edu email address can enjoy Acorns Core for free for up to four years. Acorns also charges other incidental fees based on account activity. However, they strive to provide clear information so users know what they are paying upfront.
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