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Acorns has increased its referral bonus from $150 to $100 this month when referring three new members. You only have 10 days to get three people to sign up, but a $150 bonus is great to have if you can manage it.
The Deal
- Refer three new members to Acorns and get a $150 bonus.
- If you’re new to Acorns, feel free to use one of our referral codes with our thanks – you’ll get $5 as will we when you invest at least $5:
Key Terms
- Friends must sign up on or after 09/01/2019 and have an account in good standing and make their first investment by 09/30/2019.
- Bonuses are paid out by 10/15/2019.
- Referrals who close their account before 10/15/2019, or make an investment that results in a reversal from their bank, will not qualify for the promotion.
Quick Thoughts
As one of the terms mentions, the three people that you refer have to also make an investment by September 30, 2019. That can be as low as $5, so it might even be worth offering to give them $5 or more to invest as they’ll get another $5 from Acorns, while you’ll get $50 per person in return.
In case you’re not familiar with Acorns, it has a $1 per month fee, so it wouldn’t be worth them just leaving the $10 sitting there endlessly as they’ll ultimately pay more in fees than they’ll actually have in the account unless they actually use it for investing or take advantage of Found Money partners.
A $150 bonus isn’t as high as past Acorns promotions as some months they offered a bonus of $1,000. Those required 10 referrals though, so this three referral requirement is much more achievable.
[…] Update 9/21/19: Bonus has been increased to $150. Hat tip to FM […]