Will I be charged a subscription fee if my Acorns Accounts are closed?

Article author
Alex
  • Updated

CLOSING YOUR INDIVIDUAL ACCOUNTS (INVEST, LATER, CHECKING, EARLY, ETC.) DOES NOT CANCEL YOUR SUBSCRIPTION. YOU WILL CONTINUE TO BE BILLED FOR YOUR MONTHLY SUBSCRIPTION UNTIL ITS CANCELED. 

See our Support FAQ for more information on how to cancel your subscription.

At Acorns, you have the ability to close individual accounts or cancel your subscription entirely. If your account was closed within a day or two of your subscription billing date, you may see that a fee was charged a day or two after the closure. This can happen due to the bank's processing times.

If you still have access to your account, the subscription billing date can be found here:

  1. After logging in to your account, tap the menu (avatar) in the upper left corner of the screen
  2. Tap ‘Settings’
  3. Tap ‘My Subscription’
  4. Under "Billing” you will see your subscription date

If you believe that you were charged in error, please contact Acorns Support and we will be able to assist further!

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