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Chime vs Acorns


 Acorns
 Learn MoreVisit Site
 

Chime

Acorns

SPECIAL OFFER
Get Started - Learn More

Read Chime Review

SPECIAL OFFER
$20 Investment Bonus - Learn More

Read Acorns Review

 

Benefits and Features

Savings2.00% Annual Percentage Yield (APY).
No
Stock Trading Part of service fee. No add-on trading fees.
Options Trading 
No
CheckingNo monthly service fee; no minimum balance; no overdraft fees; no foreign transaction fees
Yes
Mutual Fund Trading 
No
Banking Included in Acorns Personal ($3/mo). Free metal debit card, no minimum balance, no overdraft fees, and 55,000+ fee-free ATMs nationwide.
Mobile App
iOS & Android
Yes
Locations
Online only
No
 

CreditDonkey® Reviews

 Acorns
SavingsStarStarStarStarStar
CheckingStarStarStarStarStar
Mobile AppStarStarStarStarStarStarStarStarStarHalf Star
Customer ServiceStarStarStarEmpty StarEmpty StarStarStarStarEmpty StarEmpty Star
Annual FeeStarStarStarEmpty StarEmpty Star
Minimum DepositStarStarStarStarStar
Ease of UseStarStarStarStarStar
Pros & ConsPros:
  • No account fees
  • Get paycheck 2 days early
  • Up to $200 overdraft coverage
Cons:
  • Hard to deposit cash
Pros:
  • No minimum to open account
  • Invest with spare change
  • Cash-back program
Cons:
  • Fees are high for small balances
  • No tax benefits
  • Limited investment options
Bottom Line 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.

Chime: Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, N.A.; Members FDIC.

Acorns: Pricing information from published website as of 09/28/2020.

Acorns

$20 Investment Bonus

  • Open an Acorns account (new users only)
  • Set up the Recurring Investments feature
  • Have your first investment be made successfully via the Recurring Investments feature

Articles on Chime

Chime Review

Chime has no monthly fees, so what's the catch with the app? Find out how you can get paid two days early and grow your savings.

Chime Alternatives

Discover the best Chime competitors that can offer you better rewards and a wider range of account options.

Articles on Acorns

Acorn Investing

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

Is Acorns Legit

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

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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