Acorns Vs Stash. Which is Better? And How Do This Investing Apps Compare?

Acorns and Stash are investment apps. Acorn is a free app that allows you to save money by investing your spare change into the stock market, while Stash charges $1 per month for its service which lets users invest their cash in stocks, bonds, cryptocurrencies, or even real estate. Both services have been around since 2012 but they've recently seen an influx of new investors thanks to some big-name partnerships with companies like Starbucks and Lyft.

 Stash has raised over 100 million dollars from top VC firms such as NEA, Thrive Capital, Ribbit Capital, Greycroft Partners, CrunchFund, Obvious Corp, SV Angel, Felicis, Y Combinator Research & more.


In 2017, Acorn was named one of the Fast 10 Most Innovative Companies in Finance.

In 2018, Acorn announced it had secured $50M Series B funding led by General Catalyst Ventures. The round also included participation from existing investor NEA, along with other notable backers including Khosla Ventures, First Round Capital, Spark Capital, True Ventures, GV, Andreessen Horowitz, Union Square Ventures, RRE Ventures, and others.

 Acorns Account Types

  • Savings Account - Earn interest on all balances up to $5k/year

  • Investment Accounts - Invest any amount at no cost, earn higher rates than Savings accounts when invested above $10k/yr

  • Cryptocurrency Accounts - Invest directly in Bitcoin, Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, Stellar Lumens, Dogecoin, Golem, IOTA, Byteball, Augur REP tokens, etc.

  • Real Estate Investment Accounts - Invest in commercial properties across US states.

The company offers two types of savings accounts: traditional checking and high-yield savings. Traditional checking accounts pay 0.05% APY, whereas high yield savings pays 1.25%. High yield savings can be opened online through most major banks without having to go through KYC checks.

Stash Account Types

  • Savings account - earn 2% APR on balance up to $2K/month

  • Investments account - earn 3% APR on investments between $2K-$20K/month, 4% APR on investments between 20K+ /month.

  • Crypto accounts - earn 5%-7% annualized returns depending on asset class

  • Real estate investment accounts - earn 7% return annually on average

  • Byteball - earn 8% yearly return on byteball holdings

Both Acorns and Stash offer mobile applications available for iOS and Android devices. Both Acorns and Stash allow users to set automatic transfers so that funds automatically move out of their bank accounts each week based on pre-set rules. For example, if you want to transfer $200 every Friday morning, then this would happen automatically.

You can use these automated transfers to make sure you don't miss payments to credit cards, student loans, car loans, mortgage, rent, utilities, insurance, taxes, etc.

Is Acorns The Right Choice For You?

If you're looking for a simple way to start saving, Acorns might be perfect for you. It doesn't require much effort beyond setting up an initial deposit and choosing how often you'd like to receive deposits. You'll get paid back within 24 hours after making a purchase using your linked debit card. If you decide not to link your debit card, then you won't incur fees associated with withdrawing your own money.


Acorns are free to sign up and open an account. However, there are some limitations such as minimums and maximum amounts. There are also limits placed on what kind of purchases you can make via Acorns. This includes things like gift cards, airline tickets, hotel stays, restaurant meals, movie rentals, etc.

Benefits of Acorns

1) Easy setup

2) Low maintenance fee.

3) Great customer service

4) Fast payout

Disadvantages of acorns

1. Limited options

2. Slow withdrawal process

Is Stash better?

Stash has more features but requires slightly more work to set up. To create a stash account, you need to first have a Coinbase wallet. Once you've done that, you will need to download the app from Google Play or Apple App Store. Then, you must log in to your Coinbase account and add it to the app. After adding your Coinbase account, you will need to verify your email address by clicking on "confirm" at the bottom of the page. Finally, you will need to enter your password twice before being able to access your new stash account. The entire process takes about 10 minutes.


Benefits of Stash

1) No verification is required

2) Instant withdrawals

3) No monthly fees

Disadvantage of Stash

1) Requires additional steps in comparison to Acorn's quick and easy setup

Which one should I choose?

It depends on whether you prefer simplicity over flexibility. Acorns allow you to save any amount while still receiving interest. On the other hand, Stash only lets you invest small amounts.

So, if you plan to put larger sums of money away, then Acorns may be best suited for you.

What are the main differences between the two?

The main difference between the two apps is that Acorns offers both savings and investing services whereas Stash focuses solely on investments.

 What do they charge per month?

Acorns charges 0% APR. That means that even though you pay nothing up front, you earn interest on all of your saved money. On the other hand, Stashed does not provide any type of interest rate. Instead, it pays out dividends based on its investment strategy.

How long until my funds are deposited?

Both companies offer same-day transactions. So, once you complete the transaction, your money will be available immediately.

Is either company insured against fraud?

Yes! Both companies are fully protected by FDIC Insurance. They cover $250k per depositor per bank failure.

Are there any hidden costs?

No. Neither company imposes any extra fees.

They claim to give you 1% APY which seems pretty good compared to most sites.

You don't mention where you live so I'm assuming the US since they seem to target Americans.

 It doesn't look like a scam.

However, I would recommend using something else than them. Their terms & conditions state that they reserve the right to change these policies without notice.

I think this is just another way to get people to use their site. It looks legit enough. But I wouldn't trust them with anything important. If you want to try it out, go ahead. Just know that you're taking a risk.

This is a very old question, but I wanted to share how I ended up choosing Stash over Acorns.

 My experience was similar to yours except mine took longer.

When I started looking around for an alternative to Acorns, I found many reviews saying that Stash had better customer service. This made me decide to check it out.

After signing up, I realized that I couldn’t withdraw any money because I didn’t meet the minimum deposit requirement. However, after waiting several days, I received an e-mail stating that I could now make deposits.

Once I did, I noticed that the website looked much nicer than Acorns' interface. Also, when I tried making a withdrawal, I got an error message telling me that I needed to wait 24 hours before trying again.

In addition, I also discovered that Stash offered free trades. These factors led me to believe that Stash might be worth checking out.

Final Verdict

Stash has some nice features such as no monthly fee or minimum balance requirements. In fact, I have been able to successfully transfer thousands of dollars into my account from different sources.

 If you need help transferring money in bulk, feel free to contact us at support@stashinvest.com. We can send you instructions on how to move large quantities of cash. Overall, I am happy with Stash's performance. The only downside is that you cannot access your money instantly. You must first wait for the next business day. But if you prefer instant gratification and do not mind paying more, then Acorn may be what you are looking for.

The best part about both services is that they allow users to invest small amounts of money every month. So, whether you are new to investing or already experienced, you should definitely consider joining one of these two platforms.

Hope this helps :)