Brenna Marshall | Updated

Acorns Savings Account: Sign Up Now for a Free $40 Credit

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Receive a $40 bonus when you sign up as a new customer for an Acorns account. Just set up recurring investments of at least $5 and your $40 bonus will get credited to your account within 10 days of the following month.

This is one of the biggest bonuses Acorns has offered and it ends May 31 — so this is your last chance!

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Here’s how to get this deal:

  1. Use our link to go to Acorns’ website.
  2. Click the black “Get my $40 bonus” button.
  3. Create an account with an email and password, and provide your personal information.
  4. Link your bank account and invest at least $5 in recurring investments to be eligible for the $40 bonus.

What is Acorns?

Acorns is an app that helps you invest your spare change automatically. It connects to your debit or credit card and rounds up the amount you spend to the nearest dollar, then invests the difference in a portfolio of low-cost exchange-traded funds.

You can also choose to make recurring investments or one-time deposits and pick from five different portfolios with varying levels of risk. Acorns provides educational resources to help you learn more about investing.

The goal of Acorns is to make investing more accessible and affordable for people who might not have a lot of money to invest or who find traditional investing options intimidating.

Is Acorns legit?

Bottom line cost: You’ll be charged either $3 per month for the personal plan or $5 per month if you choose the family plan.

When will I be charged? You’ll be charged immediately, then monthly on the same day each month.

Will I need to cancel? Yes, Acorns is a monthly subscription. If you don’t want to continue investing, you’ll need to cancel.

To cancel your Acorns subscription, go to “Profile & Settings” in your Acorns account and tap “My Subscription.” Then click “Cancel Subscription.” Any pending investments that haven’t begun processing will be canceled when your account is closed. Investments that have begun processing can’t be canceled but will be liquidated and transferred to your linked checking account once they finish processing within three to six business days when you request to close your account.

Investing can be a great way to earn passive income. Here are some more ways to earn passive income.

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