Jennifer Vermeer | Updated

Acorns Just Doubled Your Bonus Investment — Get $40 When You Invest $5

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For a limited time, Acorns has doubled the bonus investment amount for new accounts. You'll just need to create an account for $3 and set up recurring investments of $5 or more to unlock a $40 reward from Acorns.

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How to get the deal:

  1. Click this link to activate the $40 bonus promotion.

  2. Click the "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 set up recurring investments.

  5. Make your first successful recurring investment of at least $5 and get your $40 bonus within 10 days of the following month.

What is Acorns?

Acorns is a financial technology company with an investment app that automatically invests spare change from everyday purchases by rounding up to the nearest dollar. It offers various investment options, including recurring contributions and lump-sum investments, making investing accessible. Users can choose portfolios based on risk tolerance, and Acorns provides educational content on investing.

The fine print:

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 of 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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