$1,060 Bonus!!! Start Investing and Invite 12 Friends
Acorns has a great bonus available once again. You can make as much as $1,060 once you start investing and get your friends to invest as well. They also get a small bonus. Let’s take a look at what this app is and how the Acorns bonus works.
What is the Acorns App
Acorns is an investment app and a cashback portal in one. You can round up your daily purchases and automatically invests the ‘change’ into a diversified portfolio of ETFs. Then in has a ‘Found Money’ rewards program that works like a cashback portal, but the cash back is invested.
Acorns makes it cheaper to invest, but it’s not free. It will cost you $1 per month for accounts under $5,000, or 0.25% per year for accounts over $5,000. Individuals under 24 years of age and those attending college pay no fees.
$5 Signup Bonus
Sign up for Acorns through a referral link, and earn a $5 sign up bonus when you start investing any amount.
$1,000 Acorns Bonus Offer
Once you sign up or if you already have an account, then you can get a very generous referral bonus if you get some friends and family members to sign up.
Earn $1,000 when 12 new friends start investing with Acorns in May! That’s in addition to the normal $5 referral bonus that you receive for every person that you refer.
Sign up here
Key Terms
- Friends must sign up on or after 8/01/2018, have an account in good standing and make their first investment by 8/31/2018.
- Bonuses are paid out by 9/15/2018.
- Referrals who close their account before 9/15/2018, or make an investment that results in a chargeback, will not qualify for the promotion.
Conclusion
The app has a nice interface and makes it easy to start investing with small amounts. The best part however, is for sure the $1,000 referral bonus. If you think you can get 12 friends to sign up this month, then you can make a total of $1,060 with this Acorns bonus. That’s a great bonus considering that there’s no out of pocket costs for those who sign up. They actually get a $5 bonus and can even close the account in a month if they don’t like it.
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Looks like a Ponzi scheme to me, much like Avon or other events where you try to sign up others. No thanks.