Betterment vs Acorns

Betterment is a great robo-advisor for beginners with low fees, good tools, and tax strategies. How does it compare to Acorns? Read our comparison chart below.

Betterment offers automatic investing starting at an annual fee of 0.25% of your account balance. There is no fee to open an account and no minimum deposit required. All balances get automatic rebalancing, tax loss harvesting, and access to financial experts.

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 starts at $1/month for accounts under $5,000. There is no minimum to open.

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

	Betterment	Acorns
	SPECIAL OFFER Get 1 Month Managed Free - Learn More Read Betterment Review	SPECIAL OFFER $10 Sign-Up Bonus - Learn More Read Acorns Review
	Benefits and Features
Stock Trading		Part of service fee. No add-on trading fees.
Savings		No
Options Trading		No
Annual Fee	0.25% for accounts under $100,000; 0.40% for accounts $100,000+	$1/mo for Acorns Lite (taxable account only) $3/mo for Acorns Personal (includes IRA and checking account) $5/mo for Acorns Family (includes investment accounts for kids)
Minimum Deposit	$0	$0
Mutual Fund Trading		No
Checking	No-Fee Checking	Yes
Phone Support	Yes	Yes
Live Chat Support	No	No
Email Support	Yes	Yes
Human Advisors	Yes ($100k minimum)	No
Robo Advisor
Assets Under Management	$14 Billion	$1.2 Billion
Tax Loss Harvesting	Yes	No
Goal Tracker	Yes	Yes
Automatic Deposits	Yes	Yes
Online Platform	Yes	Yes
iPhone App	Yes	Yes
Android App	Yes	Yes
Banking		$3/mo for Acorns + Acorns Later + Acorns Spend checking. Free debit card, no minimum balance, no overdraft fees, and unlimited free or fee-reimbursed ATMs nationwide.
Mobile App	Yes	Yes
Single Stock Diversification	No	No
Fractional Shares	Yes	Yes
Taxable Accounts	Yes	Yes
401k Plans	Yes	No
IRA Accounts	Yes	Yes
Roth IRA Accounts	Yes	Yes
SEP IRA Accounts	Yes	Yes
Trust Accounts	Yes	No
529 Plans	No	No
	CreditDonkey® Reviews
Annual Fee
Minimum Deposit
Human Advisors
Customer Service
Pros & Cons	Pros: No minimum investment Many customized portfolios Automatically invest extra funds Cons: Limited investment options High fees for large investors	Pros: No minimum investment Invest with spare change Cash-back program Cons: Fees are high for small balances No tax benefits Limited investment options
Bottom Line	Great robo-advisor for beginners with low fees, good tools, and tax strategies... Read full review	Investment app that automatically invests your spare change. Good for young investors to get into the habit... Read full review
	Get 1 Month Managed Free Get 6 Months Managed Free Get 1 Year Managed Free	$10 Sign-Up Bonus Acorns Spend: $75 Bonus $5 Sign-Up Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Betterment: Pricing information from published website as of 04/04/2018 Acorns: Pricing information from published website as of 09/28/2020.

Which is Better: Betterment or Acorns?

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

In short: Betterment's annual fee and customer service are noteworthy.

Articles on Betterment

Betterment Reviews

Betterment offers low fees and good returns. But there are risks you should NOT ignore. Read this review to see if Betterment is better.

• Betterment vs Wealthfront
• Betterment vs Vanguard Personal Advisor
• Betterment vs Robinhood

Betterment Returns

Betterment has low fees and is good for beginners. But what about their returns? Let's take a look at this robo-advisor's performance.

• Betterment vs Fidelity
• Betterment vs Personal Capital
• Betterment vs M1 Finance

Betterment Fees

Betterment offers no minimum deposit and good returns. But are the fees worth it? Read on to learn about this robo-advisor's costs.

• Betterment vs Charles Schwab Intelligent Portfolio
• Betterment vs Ally Invest

Is Betterment Safe

Betterment offers low fees, no minimum balance and good returns. But is it a good idea? Find out if it's safe to invest your money with this robo-advisor.

Betterment Roth IRA

Is Betterment a good way to invest for retirement? What about the fees and withdrawals? Read on to learn how Betterment's Roth IRA account works.

Betterment vs Wealthfront

Betterment and Wealthfront are two of the oldest and most popular robo-advisors. Is there a difference? Which is better for you? Read on to find out.

Articles on Acorns

Acorns App

Acorns automatically invests your spare change. But can it help make you money? Find out if this app is safe and legit.

• Acorns vs Stash

Is Acorns Safe

Acorns lets you invest spare change from every purchase. But is it safe to use? Learn just how secure the micro-investing app is.

How to Make Money Using Acorns

Acorns "rounds up" everyday purchases and invests it for you. What's the catch? Read this review to find out how to make money using the app.

Comments

• Olivia Tabor from Texas
  on April 2019 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.

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