# Acorns App Review 2016: A Comprehensive Guide
Are you looking for a reliable and easy way to start investing your money? Look no further than the Acorns app. Acorns is a mobile application that allows you to invest your spare change automatically. With the app, you can start investing with as little as $5 and watch your money grow over time.
In this blog post, we will give you a detailed review of the Acorns app, including its features, pricing, and usability. We will also answer some common questions about the app at the end of the article.
## Features
The Acorns app offers a variety of features that make it easy for anyone to start investing, including:
### Round-Ups
The Round-Ups feature allows you to invest your spare change from everyday purchases. For example, if you pay $3.50 for a cup of coffee, Acorns will round up the purchase to $4.00 and invest the extra $0.50.
### Recurring Investments
The Recurring Investments feature allows you to set up automatic investments on a daily, weekly, or monthly basis. You can choose the amount you want to invest and the frequency of your contributions.
### Found Money
The Found Money feature offers cashback rewards from hundreds of popular brands when you make purchases through the Acorns app. The cashback rewards are automatically invested in your account.
### Portfolio
The Portfolio feature allows you to choose from five different portfolios based on your investment goals and risk tolerance. The portfolios are made up of exchange-traded funds (ETFs) from companies like Vanguard and BlackRock.
### Spend
The Spend feature offers a checking account with a debit card that earns cashback rewards and offers fee-free ATM withdrawals. It also includes a feature that allows you to invest a percentage of your cashback rewards automatically.
## Pricing
The Acorns app offers three different pricing tiers, including:
### Lite
The Lite tier costs $1 per month and includes:
– Investment account
– Round-Ups
– Found Money
### Personal
The Personal tier costs $3 per month and includes:
– Everything in the Lite tier
– Recurring Investments
– Portfolio
### Family
The Family tier costs $5 per month and includes:
– Everything in the Personal tier
– Investment accounts for up to five kids under 18
## Usability
The Acorns app is easy to use and navigate. The app’s interface is intuitive and user-friendly, making it easy for anyone to start investing. The app also offers a variety of educational resources to help you learn more about investing and how to maximize your returns.
## FAQs
Here are some common questions about the Acorns app:
### Is the Acorns app safe?
Yes, the Acorns app is safe. The app uses bank-level security measures to protect your personal and financial information. It also uses encryption to protect your data and offers two-factor authentication for added security.
### How does the Round-Ups feature work?
The Round-Ups feature rounds up your purchases to the nearest dollar and invests the spare change. For example, if you purchase a cup of coffee for $3.50, Acorns will round up the purchase to $4.00 and invest the extra $0.50.
### Can I choose my own investments?
No, you cannot choose your own investments with the Acorns app. Instead, the app offers five different portfolios to choose from based on your investment goals and risk tolerance.
### How long does it take to withdraw money from my Acorns account?
It typically takes 3-6 business days to withdraw money from your Acorns account. However, it may take longer for larger withdrawals or if there are any issues with your account.
### Is there a minimum investment amount?
No, there is no minimum investment amount with the Acorns app. You can start investing with as little as $5.
## Conclusion
Overall, the Acorns app is a great option for anyone looking to start investing their money. With its user-friendly interface, low fees, and automatic investment features, the app makes it easy for anyone to start building wealth. If you’re looking to start investing your spare change, give the Acorns app a try today.