If you’re like most people, you probably have an account with Acorns. Acorns is a startup accelerator and investment fund that helps small businesses get started. If you’re not happy with your experience with Acorns, there are a few things you can do to close your account permanently.
- Cancel your subscription: If you’re not using Acorns for its intended purpose—to help small businesses get started—cancelling your subscription will help stop the money from going into your account and preventing you from getting any new investment.
- Change your investment strategy: If you’re investing in startups, changing your investment strategy will help increase the chances of making money off of your investments. For example, if you’re investing in companies that are growing quickly but don’t have a lot of revenue yet, changing your strategy to invest in companies that are more stable could result in a higher return on investment.
- Contact customer service: If all else fails and you still can’t close an account permanently, contact customer service to ask for help getting back into the business or finding a different startup accelerator or investment fund that might be more appropriate for your needs.
Your funds will be liquidated and returned to your linked checking account in 3-6 business days once you ask to close your account. Please keep in mind that, for tax purposes, we may issue a 1099 form if you have invested money with us. Most investors receive one.
Acorns will move your funds to your bank account when you close your account. It usually takes between three and six business days for it to complete.
Tap the menu (avatar) in the upper left corner of the screen once you’ve logged in to your account. to access “Settings,” tap “My Subscription” from the drop-down menu. Tap “Close account.”
Yes, you may withdraw funds from an Early account at any time and without charge. Any money you take out must be used to help the child named on the account. Check with your financial advisor to see if there are any special requirements for removing cash.