Yes, even amounts can round up an entire dollar. You can change the amount that is rounded-up in these cases to any amount from $0.00 to $1.00. Here's how:
From your Acorns app:
- After logging in to your account, tap "Invest"
- Tap "Round-Ups® Settings"
- Under "Whole Dollar Round-Ups®", slide the bar to your preferred whole dollar Round-Ups® amount
- Tap "Save"
From acorns.com:
- After logging in to your account, click on "Invest"
- Click on "Round-Ups® Settings"
- Under "Whole Dollar Round-Ups®", slide the bar to your preferred whole dollar Round-Ups® amount
Important information about your linked accounts
Round-Ups® can be a great way to invest your spare change in the background of life, but it's important to make sure you have enough money in your linked accounts to cover your investing.
If you don't keep enough money in your primary checking account, you could end up with overdraft fees from your bank.
If this is something you're concerned about, you could consider turning off automatic Round-Ups® and reviewing them manually instead. Here's more information on the difference between automatic and manual Round-Ups®.
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