Benefits included are:
- The Acorns Mighty Oak debit card is banking that saves and invests for you. All Mighty Oak card customers will also get Invest and a retirement account, in addition to the Acorns checking account that accompanies their Mighty Oak card.
- The Mighty Oak card helps you grow your money by taking advantage of two of the mightiest APYs available today. Our 3.00% Checking APY and 5.00% Emergency Fund APY are both over 6x the national savings account APY average.
- Mighty Oak card customers can invest with Real-Time RoundUps® which invests your spare change each time you use your card, and you can even invest a piece of your paycheck automatically with direct deposit.
- The Mighty Oak debit card also features a premium look and feel. The card is finished in a matte black and made from tungsten heavy metal. Each card is laser engraved with each customer's personalized signature.
- The Mighty Oak card has no minimum balance, no hidden fees, and gives customers access to over 55,000 fee-free ATM’s.
- In order to help customers build a habit of investing more consistently, Acorns will match your first 7 automatic Real-Time Round-Ups®!
- Customers who set up a direct deposit of at least $250 per calendar month within 45 days of signing up for the Might Oak Card will receive a subscription fee waiver for as long as they have their direct deposit set up.
See the complete terms and conditions for the Mighty Oak debit card program at acorns.com/mighty-oak-terms-and-conditions/.