CreditDonkey is a stock broker comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†






Rize vs Acorns

Rize is a microsaving app with unique "pay what you want" fee. Goal-focused savings with interest, or invest for long term goals. How does it compare to Acorns? Read our comparison chart below.

Rize is a savings plus investment app. The savings account offers a decent interest rate, while long term savings goals can be invested for a better return. Rize has an interesting "pay what you want" approach to fees. There is no minimum to open.

While Acorns is geared towards young investors who have trouble saving. This investment app automatically rounds up and invests your spare change whenever you make a purchase. The service fee is waived for college students. Otherwise, the fee starts at $1/month for accounts under $5,000. There is no minimum to open.

Compare Rize with Acorns, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 Acorns
 Learn MoreVisit Site
 

Rize

Acorns

SPECIAL OFFER
$5 Sign-Up Bonus - Learn More

Read Acorns Review

 

Benefits and Features

Stock Trading Part of service fee. Free for college students for 4 years. No add-on trading fees.
Savings
Yes
No
Annual FeePay what you want; $2/mo + 0.25% for Rize InvestFree for college students; $1/mo for Acorns; $2/mo for Acorns + Acorns Later; $3/mo for Acorns + Acorns Later + Acorns Spend
Minimum Deposit
$0
$0
Checking
No
Yes
Phone Support
No
Yes
Live Chat Support
No
No
Email Support
Yes
Yes
Human Advisors 
No
Assets Under Management 
$528 Million
Tax Loss Harvesting 
No
Goal Tracker
Yes
Yes
Automatic Deposits
Yes
Yes
Online Platform
Yes
Yes
iPhone App
Yes
Yes
Android App
Yes
Yes
Banking Acorns Spend checking account comes with a debit card and has no minimum balance requirement, no overdraft fees, and unlimited free or fee-reimbursed ATMs nationwide. $3/mo for Acorns + Acorns Later + Acorns Spend.
Mobile App
Yes
Yes
Single Stock Diversification 
No
Fractional Shares 
Yes
Taxable Accounts
Yes
Yes
401k Plans
No
No
IRA Accounts
No
Yes
Roth IRA Accounts
No
Yes
SEP IRA Accounts
No
Yes
Trust Accounts
No
No
529 Plans
No
No
 

CreditDonkey® Reviews

 Acorns
Annual Fee
Minimum Deposit
Customer Service
Pros & ConsPros:
  • No minimum balance
  • Interest on Savings
  • Pay what you want
Cons:
  • High fee for Rize Invest
  • Only $50 overdraft protection
  • No phone support
Pros:
  • No minimum investment
  • Invest with spare change
  • Free for college students
Cons:
  • Fees are high for small balances
  • No tax benefits
  • Limited investment options
Bottom LineMicrosaving app with unique "pay what you want" fee. Goal-focused savings with interest, or invest for long term goals... Read full reviewInvestment app that automatically invests your spare change. Good for young investors to get into the habit... Read full review
 Learn MoreVisit Site

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Rize: Pricing information from published website as of 07/02/2018

Acorns: Pricing information from published website as of 04/19/2019.

Which is Better: Rize or Acorns?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Rize or Ally Invest.

In short: Rize's annual fee is worth mentioning.


Articles on Rize

    Rize Review

    If you are tired of not making interest on your microsavings accounts, Rize may peak your interest. Falling into the microsavings category, Rize stands out from the crowd with its interest-bearing capabilities and unlimited withdrawal options.

Articles on Acorns


Comments

  • Olivia Tabor
    on April 9, 2019 7:02 AM said about Acorns:

    I have both Acorns and Robinhood and even though they each serve a different purpose I don't have the freedom of stock purchase that I really like. I believe Acorns diversifies for my needs more effectively.

Comments may be filtered for language. CreditDonkey makes no guarantee of comments' factual accuracy. These responses are not provided or commissioned by bank advertisers. Responses have not been reviewed, approved or otherwise endorsed by bank advertisers. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Visitors may report inappropriate content by clicking the Contact Us link.


Compare Rize to:


You might also be interested in

Best Investment Apps for Beginners

Looking to start investing? You can begin with as little as $5. Check out these cheap (or free) apps for new investors.

Compare Acorns to:


Next Page:

About CreditDonkey®
CreditDonkey is a stock broker comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.