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Acorns Checking

in Checking Accounts from Acorns Adviser, LLC

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Acorns Checking

Claimed

in Checking Accounts from Acorns Adviser, LLC

Net Recommendation Score +100

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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4 users recommend
0 users are unsure
0 users don't recommend
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Highlights
Community Rating

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Monthly Fee $3 - $5
ATM Fee: Out-of-Network N/A
Minimum Balance to Avoid Monthly Fee N/A
APY (Annual Percentage Yield) 0%

Acorns Checking Review

Acorns Checking is offered by Acorns Adviser, LLC, a licensed broker founded in 2012 and based in Irvine, CA. It is made possible by a bank partnership with Lincoln Savings Bank, member FDIC. Acorns Checking is available in 50 states (and Washington, DC).

Key Takeaways
  • 0% APY. As with most checking accounts, Acorns Checking does not pay interest.
  • Charges a monthly fee. This account charges a monthly service fee of up to $5.
  • Small minimum initial deposit. You only need $5 to open an account.
  • No ATM fees. Acorns Checking does not charge fees on ATM transactions.
  • Bill pay. Pay your bills to practically anyone in the United States through Acorns Adviser, LLC.
Acorns Checking Pros & Cons
Pros Cons
  • Available in all 50 states.
  • Free debit card and the option to lock/unlock the card if lost or stolen
  • No charge on incoming domestic or international wire transfers.
  • Does not earn interest
  • Online-only account with no access to physical branches.
  • Higher than average wire transfer fees.
  • Monthly service charge.
Acorns Checking FAQ

Are checking accounts from Acorns Adviser, LLC federally insured?

No, your Acorns Adviser, LLC checking accounts are not insured by a federal insurance agency. This means that if Acorns Adviser, LLC were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

What APY does Acorns Checking offer?

Acorns Checking is not an interest-bearing account.

What are the account minimums for Acorns Checking?

Acorns Checking requires a minimum initial deposit of $5 to open an account.

Acorns Checking Minimums
Description
Minimum Opening Deposit $5

What fees does Acorns Checking charge?

This account charges a monthly service fee of up to $5.

Acorns Checking Fees
Description
ATM Fee: In-Network $0
Foreign Transaction Fee (Debit Card) 0%
Monthly Fee $3 - $5
NSF Fee $0
Online Bill Pay Fee $0
Overdraft Item Fee $0
Overdraft Protection Fee (per transfer) $0
Paper Statement Fee $10
Returned Deposit Fee (Domestic) $30
Returned Deposit Fee (International) $30
Stop Payment Fee $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $40

Does Acorns Checking charge overdraft fees?

No, Acorns Checking does not charge overdraft fees.

What features and perks does Acorns Checking offer?

This account includes the following features:

  • Fraud monitoring - Acorns Checking monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
  • Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - Acorns Checking allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.

What is the customer support email for Acorns Checking?

The customer support email for Acorns Checking is support@acorns.com.

How do people rate the customer service and user experience of Acorns Checking?

Overall, Acorns Checking is strongly recommended based on community reviews that rate customer service and user experience.

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Contact

Other Services by Acorns Adviser, LLC

Availability

  Available in 50 states and Washington, D.C.
  • Alaska
  • Alabama
  • Arkansas
  • Arizona
  • California
  • Colorado
  • Connecticut
  • Washington, DC
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Iowa
  • Idaho
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachusetts
  • Maryland
  • Maine
  • Michigan
  • Minnesota
  • Missouri
  • Mississippi
  • Montana
  • North Carolina
  • North Dakota
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • Nevada
  • New York
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Vermont
  • Washington
  • Wisconsin
  • West Virginia
  • Wyoming

Feature Breakdown

Minimum Opening Deposit $5
ATM Fee: In-Network $0
Foreign Transaction Fee (Debit Card) 0%
NSF Fee $0
Online Bill Pay Fee $0
Overdraft Item Fee $0
Overdraft Protection Fee (per transfer) $0
Stop Payment Fee $0
Wire Transfer Fee - Domestic (Incoming) $0
Monthly Fee $3 - $5
Paper Statement Fee $10
Returned Deposit Fee (Domestic) $30
Returned Deposit Fee (International) $30
Wire Transfer Fee - Domestic (Outgoing) $40
Account Features
  • No ATM Fees
  • Free Bill Pay
  • Mobile Check Deposit
  • Nationwide ATM Network
  • Mobile Banking
  • Fraud Monitoring
  • Debit Card Lock/Unlock
  • Fraud Protection
  • Debit Card
  • Online-Only Account
  • Expense Management

Acorns Checking Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly recommended by SuperMoney users with a score of +100, equating to 5 on a 5 point rating scale.

+100

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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