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Acorns Has a $100K Total Bonus, Refer 5 Friends to Get Your Share!
Acorns is back again with a monthly referral bonus. They’ve offered some kind of bonus for the last 4-5 months, where you would get $500 to $1,200 if you could get 10-12 referrals within a month. This new bonus is a bit different.
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.
Invite 5 Friends, Get A Share of $100K
Invite 5 friends to Acorns this month, and split $100,000 with everyone else who does. Friends must start investing this month. You’ll also earn our $5 referral reward, and to help the world around us grow, we plant an oak tree for each new friend.
- Friends must sign up on or after 3/01/2018, have an account in good standing and make their first investment by 3/31/2018.
- Bonuses are paid out by 4/15/2018.
- Referrals who close their account before 3/15/2018, or make an investment that results in a chargeback, will not qualify for the promotion.
The app has a nice interface and makes it easy to start investing with small amounts. The best part however, is for sure the referral bonus. This time around the bonus only requires 5 referrals, instead of 10 or 12, but the bonus will also likely be less. You just get a share of the $100K total, and there’s no way to know how much that is. You still get $5 per referral even if you don’t reach the 5 referral total.
Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers.