Acorns Spend $75 Bonus

Acorns : Acorns Spend

Bonus Amount
$75
Account Type
Personal Checking
Available In Your Area?
Yes
Offer Expires In
Bonus Requirements
  1. Open a new Acorns Spend account using the link below.
  2. Within 45 days, receive 2 direct deposits of $250 each.
  3. Within 3 months of your first direct deposit, spend at least $500 using your debit card.
  4. The bonus will be invested as a lump sum in the form of a purchase of investments in your Acorns Invest account within 45 days.
Other Details
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Monthly Fees?
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Acorns is offering new Acorns Checking customers $75 for setting up direct deposits and using your debit card.

This promotion used to apply to existing customers as well (assuming they hadn't already set up direct deposit), but is now only available to new customers. The $500 spend requirement is new, too. Unfortunately the reward amount remained the same.

Overall, the requirements are still relatively easy to meet, but the bonus isn't as large as what other banks are offering. Also keep in mind that this comes with a $3 subscription (or $5 for a family account), and that the reward will be a lump sum investment into your Invest account versus cash into your checking account.

How To Earn The Bonus

The Acorns Spend promotion requires you to set up direct deposits and make purchases using the account's card in order to earn the $75 bonus. Full requirements to receive this bonus are:

  1. Open a new Acorns Spend account using the link below.
  2. Within 45 days, receive 2 direct deposits of $250 each.
  3. Within 3 months of your first direct deposit, spend at least $500 using your debit card.
  4. The bonus will be invested as a lump sum in the form of a purchase of investments in your Acorns Invest account within 45 days.

The fine print

  • Offer available for new Acorns Checking customers only.
  • Qualifying direct deposits must be made by the individual’s employer, payroll provider, or benefits payer by Automated Clearing House (ACH) deposit. Bank ACH transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, and cash loads or deposits are not qualifying direct deposits.
  • The following debit card based transactions will qualify towards the $500 spending requirement: (1) card swipe transactions/chip reader transactions and 2) online card purchases.
  • Your Acorns Invest account must be open, verified, and in good standing at the time of reward fulfillment, as well as the Spend account.
  • This offer is only available to the email recipient and is not transferable.
  • A customer will only be eligible to receive this $75 Direct Deposit reward one time.
  • This offer may not be combined with any existing Direct Deposit promotions.

Why Acorns?

Acorns made its name with their automatic round-ups, which round up your purchases to the next dollar and moves the difference to savings. Once you hit $5, that savings is automatically transferred to an investment account.

Founded in 2012, the company has grown to serve more than 8 million users, and has expanded their product offering to include not only their original robo-advisor Invest account, but also Invest Later (IRA), Invest Early (UTMA/UGMA account for your kids), the option to invest in ESG portfolios, Acorns Checking, and a cash-back program called Earn.

Their platform makes it really easy for you to save and invest for the future – without any lifting on your part. We genuinely like the app, particularly if you have a hard time committing to saving, but Acorns also offers consistent sign-up bonuses and aggressive referral promotions to give you even more incentive to try out the app.

Acorns Spend

Fees

Acorns Spend charges a monthly fee of $3.