We've been helping everyday Americans save and invest since 2014. We've served over 13,000,000 customers, who have invested more than $22,000,000,000 with us.
Your trust means the world to us — it’s why we're committed to keeping your investments, savings, and personal information secure.
How your data is protected
When you use Acorns, you’re trusting us with your money, and we take that responsibility seriously. We use a variety of security tools to help protect and safeguard your information:
- Encryption: We go the extra mile when it comes to safe-keeping your personal information. We use 256-bit or higher encryption at all times to protect your data.
- Account Alerts: We’ll alert you ASAP if we detect any suspicious activity on your account.
- Multi-Factor Authentication: We use multi-factor authentication to help make sure you’re the only person allowed to access your account.
- Privacy: We don’t sell your personal information to third parties for their own advertising or marketing purposes.
If you have any questions about security, check out our privacy policy or get in touch.
Verifying it’s you
Your trust means the world to us, and it’s why we want to take every measure to verify that you are you. We’ll need to ask you for some personal information so you can start investing.
To comply with financial industry regulations, we have to gather personal information from you. We take careful action to approve accounts to follow all regulations. We also need your social security number to issue you a tax form at the end of the year.
For more information, here’s what we need from you to get started with Acorns.
We use two-factor authentication to make sure that only you can securely access your account. Here’s more information on what two-factor authentication is and why it’s useful
Your account security is our top priority at Acorns. If you see any transactions that you don’t recognize, be sure to first check if there is an automatic transfer set up on your account. For more information regarding your recent account activity, please click here.
How your money is protected
Investing
When you invest with Acorns, your money is invested into a SIPC protected Acorns portfolio. SIPC, or the Securities Investor Protection Corporation, protects investments up to $500,000. SIPC was created to protect investors from the rare scenario of a brokerage company going under. For details please see www.sipc.org.
Think of it like a safety net for your money — just like homeowners or renters insurance, this kind of insurance is there in the unlikely event of a disaster that's out of your control. Here's how SIPC protection works.
Acorns diversified portfolios are built by experts and are made up of exchange-traded funds, or ETFs. Here's a list of all the ETFs that make up our Base portfolios.
We'll recommend a Base portfolio for you based on your long-term money goals. And while we can’t guarantee the performance of the stock market, we'll help keep you on track for your goals with automatic portfolio rebalancing.
You can check out how your investments are doing any time in the “Account Value” section of your Acorns app or Acorns.com.
Banking
Acorns Checking is our smart checking account that automatically saves for you.
Acorns isn't a bank — we partner with Lincoln Savings Bank or nbkc bank to provide Acorns Visa™ debit cards and banking services. Both banks are members of the FDIC to help give you peace of mind about the safety of your money.
The FDIC, or the Federal Deposit Insurance Corporation, insures deposits in bank accounts up to $250,000. You can learn more about how your money is protected here.
Can I withdraw my money?
You can withdraw your money from your Acorns investment or checking accounts and close your Acorns account at any time. Here's more info on how to withdraw your money from your Acorns Invest account — heads up that withdrawals may take 3-6 business days if we need to sell your shares.
Investing involves risk, including the loss of principal. Please consider your objectives, risk tolerance, and Acorns’ fees before investing. Acorns Advisers, LLC (“Acorns”) is an SEC-registered investment adviser. Brokerage services are provided to clients of Acorns by Acorns Securities, LLC. Member FINRA/SIPC. For more information visit Acorns.com.
Over 13 million all-time customers and over $22 billion invested since inception as of 06/26/2024. App Store rating as of 5/30/2024.
Diversification and asset allocation do not guarantee a profit, nor do they eliminate the risk of loss of principal.
Acorns is not a bank. Acorns Visa™ debit cards and banking services are issued and provided by Lincoln Savings Bank and nbkc bank, Members FDIC. Any balances you hold with Lincoln Savings Bank and nbkc bank, including but not limited to those balances held in Acorns Checking accounts, are added together and are insured up to $250,000 per depositor through Lincoln Savings Bank and nbkc bank. If you have funds jointly owned, these funds would be separately insured for up to $250,000 for each joint account owner. Lincoln Savings Bank and nbkc bank utilizes a deposit network service, which means that at any given time, all, none, or a portion of the funds in your Acorns Checking accounts may be placed into and held beneficially in your name at other depository institutions which are insured by the Federal Deposit Insurance Corporation (FDIC). For a complete list of other depository institutions where funds may be placed, please visit https://www.cambr.com/bank-list. Balances moved to network banks are eligible for FDIC insurance once the funds arrive at a network bank. To learn more about pass-through deposit insurance applicable to your account, please see the Account Documentation. Additional information on FDIC insurance can be found at https://www.fdic.gov/resources/deposit-insurance/
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