Wouldn’t it be great if a checking account gave you a $75 bonus just for setting up direct deposit?
What if the account can also make your capital investment and wealth growth very easy?
This is the idea behind Acorn consumption. This is a checking account associated with an investment account that can automatically invest your digital “change”.
Acorns’ robot investment app has become very popular since it was launched in 2014, so it is now expanding into other service areas-such as checking accounts and debit cards. Whenever you swipe your Acorns Spend debit card, it will round your purchase to the nearest dollar. Then it will transfer the money to stocks and bonds for you.
Because this money comes in increments of less than $1, you are unlikely to feel the impact in your bank account. (Although you can turn off the digital “summarization” for a period of time at any time, if you have difficulty.)
Oh, let’s not forget the 75 dollars. With Acorns, you will get a free bonus of $5.With Acorns Spend, you will receive a $75 bonus Enable direct deposit And receive your first two deposits in your spending account.
One of the easiest ways to start investing
If you have not invested, this is one of the easiest ways to get started. With Acorns, you don’t need to choose exactly where to invest. Instead, you will answer some questions about your goals, and Acorns will build your portfolio options-from conservative to aggressive. If you really want to know the details, the app will break down the types of funds that make up your portfolio. If you don’t want to go deep into it, you don’t have to.
Acorns invests your funds in popular ETFs or exchange-traded funds, which contain hundreds of stocks and bonds. The application has a few different portfolios, depending on the risk you are willing to take. You can even ask Acorns to invest a portion of your direct deposit immediately after entering your spending account.
It only costs $3 per month, no overdraft fees or minimum balances are required. In addition, you can use your Acorns Spend debit card for free at any ATM that accepts Visa cards.
It only takes a few minutes to get started. click here Enter your email address and set up your account, then set up direct deposit to get $75 for free.
Mike Brasfield ([email protected]) Is the senior writer of The Penny Hoarder.