A Penny For You

Marketing Disclosure

Acorns Found Money

This is a partner offer

Our Two Cents: Acorns Found Money Review

Found money is a great feature that Acorns introduced that allows brands to contribute to your Acorns investment account. You just need to have an Acorns account, and have the card you are shopping with linked to your account. Acorns takes it from there. When you shop at a retailer that is offering Found Money, the cash investment is triggered. It may take a couple of weeks to post depending on the offer, but it'll make it into your savings before you know it. There's nothing for you to opt into.

Are there Privacy Concerns?

The problem with most finance based mobile applications is that they are going to ask you to store your financial information with them. This can be unnerving, especially with a new piece of technology. In Acorn's case, they've been around for 3 years. We recommend using one or two general use cards for card linked offers. This will reduce your exposure in the event of a hack. You may not want the card you use for retail purchases to be the same card you use to autopay all of your bills. That could cause quite the headache in the event of a hack, but we all know that nothing is unhackable these days.

Final Thoughts

We are a fan of Acorns' core investing service. The fact that we get to earn additional rewards for shopping the brands we love is great. The $12 annual fee to use Acorns might seem a little steep when there are free investing apps like Robinhoodout there, but the simplistic nature of Acorns keeps us around.

Acorns Found Money Highlights

  • Shop with Found Money partners, and they'll automatically invest in your Acorns account! 
  • Automated investing - automatically invest the change from your everyday purchases
  • Set your risk tolerance and let the smart portfolio do the heavy lifting
  • $1 monthly fee for accounts with balances under $5,000.
  • Terms Apply