The basic steps to close Acorns

Closing an Acorns account takes about five minutes through the mobile app or website. You'll need to withdraw any money in your account first, then request the closure through your account settings. Acorns will send you a confirmation email, and the account closes within a few business days.

The process is straightforward because Acorns holds your money in a cash management account, not a traditional checking or savings account. There's no paperwork to mail, no waiting period, and no penalty for closing early. You can restart an account later if you change your mind.

Key Takeaways

  • You must withdraw all money from your Acorns account before you can close it; the system won't let you proceed otherwise.
  • Closing happens entirely through the Acorns app or website under account settings, with no phone call or form required.
  • Your money arrives in your linked bank account within one to three business days after you request withdrawal.
  • If you have an Acorns investment account (Invest or Invest+), you'll need to sell all holdings and move the cash to your cash account before closing.

Withdrawing your money before closing

Open the Acorns app or go to acorns.com and log in. Tap or click on your account icon, then select "Withdraw" or "Transfer Money." Choose how much to withdraw — you can take out everything at once or leave some money and close later. Enter the bank account where you want the money sent.

Acorns will show you the withdrawal amount and confirm which bank account it's going to. Once you confirm, the money leaves your Acorns account when ready, though it may take one to three business days to show up in your bank account depending on your bank's processing speed. You'll see a confirmation number on screen and receive an email receipt.

If you have an investment account with Acorns (the Invest or Invest+ plan), you'll see holdings like stocks or ETFs instead of a straightforward cash balance. You must sell all of these first. Go to your portfolio, select each holding, and choose "Sell." The sale completes within one business day, and the cash moves to your Acorns cash account. Then follow the withdrawal steps above.

Requesting account closure in the app or website

After your account balance reaches zero, go back to your account settings. On the mobile app, tap your profile icon at the bottom right, then scroll down to find "Close Account" or "Deactivate Account." On the website, look for account settings in the menu, then find the closure option near the bottom.

Acorns will ask you to confirm that you want to close and may ask why you're leaving. You can skip the feedback question if you prefer. Tap or click the final confirmation button. You'll see a message saying your account is scheduled for closure, and Acorns sends a confirmation email to the address on file.

What happens after you request closure

Your account closes within a few business days. During this time, you can still log in and see your account, but you won't be able to make new transactions. Once the closure is complete, you'll no longer see the account when you log in.

If you linked a debit card to Acorns (for the Round-Ups feature that automatically invests spare change), that card stops working with Acorns when ready. You can still use the card for other purposes — it's your regular debit card, not an Acorns card.

Reopening an account later

If you close your account and later decide you want to use Acorns again, you can create a new account using the same email address or a different one. There's no penalty for reopening, and you won't lose anything by closing first. Your old account history won't transfer over, but you start fresh with a new account.

Acorns doesn't charge a fee to close or reopen, so there's no financial reason to keep an account open if you're not using it. Some people close temporarily while they're saving for something specific, then reopen when they're ready to invest again.

If you're having trouble closing your account

The most common reason closure fails is a non-zero balance. Even a few cents remaining will block the closure request. Go back to withdraw, and make sure the amount shown is truly zero before you request closure again.

If you've withdrawn everything and the closure option still doesn't appear, try logging out completely and logging back in. Sometimes the app needs to refresh to show the closure button. If it still doesn't work after that, contact Acorns support through the app — tap your profile icon, scroll to the bottom, and select "Help" or "Contact Support." They can close the account manually if there's a technical issue.

Frequently Asked Questions

Do I lose money if I close my Acorns account?

No. You withdraw your money first, so you keep everything that was in the account. Acorns doesn't charge a closure fee. The only cost is if your bank charges a fee for receiving the transfer, which is rare.

What if I have pending investments or Round-Ups that haven't processed yet?

Cancel any scheduled investments before you close. In the app, go to settings and turn off Round-Ups. Wait for any pending transactions to complete — usually within one business day — then withdraw your full balance and request closure.

Can I close my account if I have a negative balance?

Acorns won't let your account go negative, so this shouldn't happen. If you somehow owe money, contact support to settle it before closing. In practice, this is extremely rare.

How long does it take to get my money after I close?

Your money arrives in your bank account one to three business days after you request withdrawal. Closure of the account itself happens within a few business days after that. The withdrawal and the account closure are separate timelines.

Will closing Acorns affect my credit score?

No. Acorns is not a credit product, so closing it has no impact on your credit. It won't show up on your credit report at all.