Investing comparison
Acorns vs SoFi
Updated
Data as of
Acorns checked SoFi checked
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SoFi
Savings account
Visit site for SoFi Checking and Savings (opens in a new tab)
Before you compare: This compares features and fees from each company's own pages. It isn't investment advice, and investing involves risk, including loss of money.
Short answer
- Pick Acorns if you want features for kids or teens or the higher top rate (up to 3.59% APY, compared with 3.30% APY).
- Pick SoFi if you want shared and individual views.
- The biggest difference is what they are: Acorns is an investing app, and SoFi is a savings account.
Full disclosure: Taylor Price, who runs Priceless Tay, owns Fifecta, so keep that in mind as you read this comparison.
Acorns vs SoFi at a glance
Acorns- Top rate
- 2.33% to 3.59%APY
- Rating
- 4.7 of 5App Store, 960,195 ratings
- Platforms
- 2Mobile app, Web app
- SoFi
- Top rate
- 0.80% to 3.30%APY
- Rating
- 4.7 of 5App Store, 385,422 ratings
- Platforms
- 2iOS, Android
What it costs
- Acorns
$4a month
Acorns has three monthly plans: Bronze at $4 a month, Silver at $8 a month, and Gold at $12 a month.
Source
acorns.com/pricing, checked . - SoFi Checking and Savings
SoFi says its Checking and Savings has no monthly, minimum or maintenance fees.
Source
sofi.com/banking/high-yield-savings-account, checked .
Bars show only when every app here lists a yearly price, so these prices sit side by side without them. Prices are list prices from each app's own page, before tax and any offer. Investing fees appear as each company states them. A yearly advisory fee is a percent of your balance, not a monthly price, so it never gets a bar or a price tag.
Features
SoFi also lists AI features, savings goals, investment tracking and data export.
Sources for these features
Yes means the official site lists it. No means the official site says the app doesn't have it.
- SoFi: sofi.com/banking/high-yield-savings-account, checked Oct 29, 2026.AI features: 'SoFi Coach is an AI-powered financial guide that offers personalized insights on your entire financial life.' sofi.com/what-is-sofi-coach-and-how-does-it-work, checked Oct 29, 2026.Investment tracking: 'your easy-to-use dashboard could include your checking, savings, student loan, credit card, mortgage, investment, retirement, and other accounts' sofi.com/coach, checked Oct 29, 2026.Data export: 'You can export your SoFi Checking and Savings transactions to a CSV file at any time' support.sofi.com/hc/en-us/articles/12905767525773-Can-I-export-my-Checking-and-Savings-transactions, checked Oct 29, 2026.
Acorns and SoFi Checking and Savings, side by side
| Detail | Acorns | SoFi |
|---|---|---|
| APY or rateDiffers | AcornsAcorns lists a 3.59% APY on Emergency Savings and a 2.33% APY on Mighty Oak Checking, stated as of Sep 22, 2026. The rate is variable.Acorns says there is no minimum opening deposit or minimum balance for these accounts. Sourceacorns.com/pricing, checked . | SoFiSoFi lists 3.30% APY with eligible direct deposit or $5,000 in qualifying deposits, and 0.80% APY without them, in rates effective Oct 20, 2026. The rate is variable.You need eligible direct deposit, or $5,000 in qualifying deposits every 31 days, to earn the 3.30% APY. Sourcesofi.com/legal/banking-rate-sheet, checked . |
| ProtectionDiffers | AcornsBrokerage products come from Acorns Securities, a member of FINRA and SIPC. Acorns Checking balances are FDIC insured up to $250,000 per depositor through the partner banks. Sourceacorns.com/pricing, checked . | SoFiSoFi Bank, N.A. is a Member FDIC. Sourcesofi.com/banking/high-yield-savings-account, checked . |
| PlatformsDiffers | AcornsAcorns lists Mobile app and Web app. | SoFiSoFi Checking and Savings lists iOS and Android. Sourcesofi.com/app-download, checked . |
| App store ratingDiffers | AcornsAcorns has 4.7 out of 5 on the App Store from 960,195 ratings. SourceApp Store listing, checked . | SoFiSoFi Checking and Savings has 4.7 out of 5 on the App Store from 385,422 ratings. SourceApp Store listing, checked . |
Store ratings are a dated snapshot from each listing, not our score. A row shows only when both apps have a current official source for it. How we source and date this data. Spotted a change? Tell us if something changed.
Weighing a third option? Add up to two more apps and compare up to four side by side.
Screen by screen
Pick a task to see what each app shows for it. App Store and Google Play images are the apps' own marketing, so they can show sample data and staged layouts. Help center images come from the app's support articles. See every app's screens.
Home
Acorns
Google Play marketing imageThe Android tab bar: Home, Investing, a round Money Hub button, Learning and Earning, with Investing selected.Google Play listing, as of
SoFi Checking and Savings
App Store marketing imageApp Store image with the headline "Own crypto, bank, borrow, and invest." showing a home screen with Banking, Invest and Relay insights.App Store listing, as of 
App Store marketing imageThe home screen: Good morning, Sammy with 250 pts and Get $75 chips, Banking $27,282.12, Invest $38,651.40 up $579.76 today, Crypto and Personal loans tiles and Relay insights.App Store listing, as of
Accounts
Acorns
Google Play marketing imageEmergency Savings at $500 with a Save $1,000 goal at 50%, Transfer in and Transfer out buttons, Current APY 3.59%, a Recent activity header and the tab bar with Home selected.Google Play listing, as of
SoFi Checking and Savings
App Store marketing imageApp Store image with the headline "Mobile banking made easy." showing a Banking screen with checking and savings balances.App Store listing, as of 
App Store marketing imageThe Banking tab: $51,526.90 total available balance, Checking $4,256.90 and Savings $47,270.00, Transfer, Deposit, Pay and Zelle buttons, and Activity with a scheduled -$500.00 transfer to savings.App Store listing, as of 
App Store marketing imageThe iPad Banking tab: $51,526.90 available, Checking and Savings, Transfer, Deposit, Pay and Zelle, offer cards for referrals and cash back, and Activity.App Store listing, as of
Transactions
Acorns
No official screen found yet
SoFi Checking and Savings
App Store marketing imageActivity with Checking and Savings tabs, a Statements link and a scheduled Transfer to Savings of -$500.00 from Checking 1234 on March 19, 2022.App Store listing, as of
Budget
Acorns
No official screen found yet
SoFi Checking and Savings
App Store marketing imageSpending pace to target: $7,000, overspent $1,000, with a line crossing a dashed $6,000 target from July 1 to July 31.App Store listing, as of
Goals
Acorns
App Store marketing imageApp Store image with the headline about APY showing an Emergency Savings screen with a Save $1,000 bar and a debit card.App Store listing, as of 
App Store marketing imageEmergency Savings at $500 with a Save $1,000 goal card at 50%, partly covered by an image of an Acorns Visa debit card.App Store listing, as of 
Google Play marketing imageMilestones: 1, Checking balance at $5,000 with $0 in Checking, and 2, Savings balance at $15,000 with $0 in Emergency Savings.Google Play listing, as of
SoFi Checking and Savings
No official screen found yet
Reports and insights
Acorns
App Store marketing imageA tilted Your Acorns Potential screen: $491,395 made of a $418,395 return and $73,000 invested, a rising bar chart to age 65 and Years to grow 40 and Average return 8% chips.App Store listing, as of
SoFi Checking and Savings
App Store marketing imageRelay insights: Spending $1,282.12, pacing high this month, and Net worth $1,278,220.50 across 2 SoFi and 13 external accounts, each with a small line chart.App Store listing, as of 
App Store marketing imageA Credit score card: 732, Good, updated Jul 25, "Holding steady" with no changes in the past 7 days and a red to green bar.App Store listing, as of
Investments
Acorns
App Store marketing imageApp Store image with the headline "Save & invest for your future" showing a "Your Acorns Potential" projection chart.App Store listing, as of 
App Store marketing imageApp Store image with the headline "Easy, automatic investing" showing an Invest account at $27,953 with Round-Ups and transfer buttons.App Store listing, as of 
App Store marketing imageApp Store image with the headline "Auto-invest for retirement" showing a Later account with a 3% match badge.App Store listing, as of 
App Store marketing imageThe Invest account: $27,953, up $2,236.24 (8.00%) all time, a line chart, Round-Ups, Transfer in and Transfer out buttons, and Round-Ups Settings Automatic and Recurring $5 / Daily rows.App Store listing, as of 
App Store marketing imageThe Later retirement account: $90,159, up $7,212.72 (8.0%) all time, a line chart with a 3% match badge placed over it, Transfer in and Transfer out buttons, and Recurring $5 / Daily and 3% IRA Match Active rows.App Store listing, as of 
App Store marketing imageInvest $27,953 with $2,236.24 (8.00%) all time market gain and a green line chart.App Store listing, as of 
App Store marketing imageTwo settings rows: Recurring $5 / Daily and 3% IRA Match Active.App Store listing, as of
SoFi Checking and Savings
App Store marketing imageApp Store image about SoFi's brokerage rating showing an Invest screen with a value chart.App Store listing, as of
Transfer and send
Acorns
App Store marketing imageThree round buttons: Round-Ups, Transfer in and Transfer out.App Store listing, as of
SoFi Checking and Savings
App Store marketing imageFour buttons: Transfer, Deposit, Pay and Zelle.App Store listing, as of
AI assistant
Acorns
No official screen found yet
SoFi Checking and Savings
App Store marketing imageApp Store image with the headline "Meet SoFi Coach." showing a Coach screen with prompts for support, taxes and optimizing.App Store listing, as of 
App Store marketing imageApp Store image with the headline "Your money questions, answered." showing a July spending trend chat with a pace chart.App Store listing, as of 
App Store marketing imageThe Coach Beta screen: "I'm Coach. How can I help?" with Support, Taxes and Optimize prompt cards such as "Where should I put my tax refund?"App Store listing, as of 
App Store marketing imageA July spending trend chat: "How am I spending this month?" answered with a Spending pace to target card at $7,000, overspent $1,000, and follow-up chips such as Where am I spending the most?App Store listing, as of
Other screens
Acorns
App Store marketing imageApp Store image with the headline "Your money on autopilot" showing your next deposit of $2,500 split across investing, saving and spending.App Store listing, as of 
App Store marketing imageApp Store image with the headline "Get smart about money" showing a Learn screen with articles.App Store listing, as of 
App Store marketing imageApp Store image with the headline "Like cash-back that can grow" showing an Earn screen with brand offers.App Store listing, as of 
App Store marketing imageYour next deposit of $2,500 with $2,500 received this month and $5,000 scheduled, split into tiles: Investing 4% $100, Saving 10% $250, Spending 85% $2,125, Kid 1% $25 and Giving coming soon.App Store listing, as of 
App Store marketing imageThe Learn tab with Just for you, Investing and Retiring filters, a 7 min video card titled "The American Dream isn't dead" and a Trending for you row.App Store listing, as of 
App Store marketing imageThe Earn tab: +50% Rewards Match, $128.59 earned, a featured Hello Fresh offer with $25 invested, All offers, Delivery and Grocery filters and a For you row of brand logos with rates.App Store listing, as of 
Google Play marketing imageNext deposit on Feb 3, $1,000 from Chase Checking, split into Investing 5% $50, Saving 10% $100 and Spending 85% $850 with Giving coming soon, $0 received and $4,000 scheduled in Feb., and a Milestones list.Google Play listing, as of 
App Store marketing imageGreen tiles splitting a deposit: Investing 4% $100, Saving 10% $250, Spending 85% $2,125, Kid 1% $25 and Giving coming soon.App Store listing, as of
SoFi Checking and Savings
App Store marketing imageApp Store image with the headline "Save more with the NEW SoFi Plus." showing a Welcome to SoFi Plus screen.App Store listing, as of 
App Store marketing imageOffer cards: share a referral link to earn $75 with a Share link button, and earn cash back rewards with a See offers button.App Store listing, as of
Who it's for
Pick the tab that sounds like you. Every answer comes from the app's own pages, and its source opens from the Source link.
Just me
Budgeting on your own? These are the basics people ask about first.
Is it free?
Acorns: Acorns has three monthly plans: Bronze at $4 a month, Silver at $8 a month, and Gold at $12 a month.
Source
acorns.com/pricing, checked .SoFi: SoFi says its Checking and Savings has no monthly, minimum or maintenance fees.
Source
sofi.com/banking/high-yield-savings-account, checked .Is there support from the app's makers if I need help?
Acorns: Yes. Chat (Acorns app or Help Center), email and phone.
Source
In their words: “Chat: Chat with us anytime through the Acorns app or from the Acorns Help Center (click "Need Help?" in the bottom right corner).” support.acorns.com/hc/en-us/articles/How-do-I-contact-Acorns, checked .SoFi: Yes. Chat and phone.
Source
In their words: “You have options, including chatting with us.” sofi.com/contact-us, checked .
Partners
Sharing money with a partner? Here's how each app handles a second person.
Can my partner use their own login details?
Acorns: No. Your partner signs in to your same account.
Source
In their words: “Today, we do not offer the option to set up a joint Acorns account.” support.acorns.com/hc/en-us/articles/Can-I-set-up-a-joint-account, checked .SoFi: Joint accounts, yes. The source doesn't say your partner gets a separate login.
Source
In their words: “Yes, we offer joint accounts with SoFi Checking and Savings!” support.sofi.com/hc/en-us/articles/360061161872-Do-you-offer-joint-accounts-with-SoFi-Checking-and-Savings, checked .Can we keep shared and individual views?
Acorns: No. You both see the same shared view.
Source
In their words: “Today, we do not offer the option to set up a joint Acorns account.” support.acorns.com/hc/en-us/articles/Can-I-set-up-a-joint-account, checked .SoFi: Yes. You can keep shared and individual views.
Source
In their words: “If you have both an individual SoFi Savings account and a joint SoFi Savings account at the time you qualify for the APY Boost” sofi.com/banking/high-yield-savings-account, checked .
Family
Bringing in more of the household? Here's what each app says about families and kids. See apps with custodial accounts for kids.
Does it have accounts or features for kids or teens?
Acorns: Yes. It has accounts or features for kids or teens.
Source
In their words: “Smart money app & up to 4 debit cards” acorns.com/early, checked .SoFi: No.
Source
In their words: “You must be 18 years or older to open any SoFi Bank account with us whether joint or individual.” support.sofi.com/hc/en-us/articles/how-old-do-i-have-to-be-to-open-sofi-checking-and-savings-accounts-or-be-a-joint-account-holder, checked .
A question shows only when every app here has a current official source that answers it. We only say no when the app's own page does.
Which fits your Money Type?
There are four Money Types: Strategist, Spender, Saver and Scrambler. Each card matches one type to what the sources say about these two apps.
StrategistSoFi lists investment tracking. That fits a Strategist, who wants to watch the whole plan grow.
First fix: Save the Raise.
SpenderSoFi lists goals. A goal gives a Spender a reason to pause before buying, which is the Sleep on It fix.
First fix: Sleep on It.
SaverBoth Acorns and SoFi list an APY on deposits. That fits a Saver, whose first fix is putting saved money to work.
First fix: Put It to Work.
ScramblerSoFi lists bank syncing. Seeing every account in one place helps a Scrambler pay bills first.
First fix: Bills First.
Not sure which one you are? Take the free Money Types quiz. It takes about two minutes.
Full disclosure: Taylor Price, who runs Priceless Tay, owns Fifecta, so keep that in mind as you read this comparison.
Another option: Fifecta
If neither Acorns nor SoFi feels right, here is one more option to look at. Fifecta gives every paycheck a plan with FUNDS, and it starts from your Money Type, so the plan matches how you already handle money.
What real users say
These are other people's opinions, not Priceless Tay's. We quote public reviews and posts word for word, link each one and show its date, but we haven't checked the claims in them. A post counts toward a theme when it uses one of that theme's keywords, so a mention can be praise or a complaint.
What Acorns users say
Based on 500 App Store reviews, 3 Reddit posts and 1 YouTube video dated Nov 2025 to Oct 2026, read Oct 2026. We collected the Reddit and YouTube data with Apify, a scraping service, on Oct 24, 2026.
- Of the 504 reviews, posts and videos we read, 78 mention the price, fees or the subscription.
- Of the 504 reviews, posts and videos we read, 75 mention how easy or hard the app is to use.
- Of the 504 reviews, posts and videos we read, 52 mention deposits, transfers or getting paid.
Positive
“Great investing app for beginners. Acorns makes saving and investing simple with automatic deposits and round-ups.”
Positive
“Acorns. I love that app. I have it set to like $20 a week and then 3x round up...”
Critical
“This place just kept charging me a monthly fee even though the account had been closed.”
Where these come from
- Acorns reviews on the App Store, read Oct 24, 2026. The public feed returns the 500 most recent US reviews. We kept every one dated inside the window.
- Hacker News search for Acorns, read Oct 24, 2026. Public search of comments and posts. 5 named the app; we kept 0 where the writer shares their own use of it.
- Reddit search for Acorns, collected Oct 24, 2026. Collected with Apify (harshmaur/reddit-scraper) on Oct 24 2026: a keyword search for "Acorns app", posts and comments from after Oct 24 2025. It returned 84, most of them about something else. We kept 3 where the writer shares their own use of the app or a clear opinion of it. We left out moderators, bots, company accounts, referral posts and people promoting their own apps.
- YouTube search for Acorns, collected Oct 24, 2026. Collected with Apify (streamers/youtube-scraper) on Oct 24 2026: a search for "Acorns app review" from the past year, up to 8 videos. It returned 7. We kept 1 and left out the app's own channel, sponsored videos, videos with affiliate or referral links and videos about a different product. We count themes from each video's title, description and captions, but we don't quote videos, because the captions we have carry no timestamps.
- u/Yikes_big_oof in r/budget on Reddit, Oct 23, 2026.
- u/LewisRyan in r/acorns on Reddit, Oct 21, 2026.
- u/DAT4korrupt in r/povertyfinance on Reddit, Oct 12, 2026.
- "I'm Leaving Acorns Investing..." by Keep Going on YouTube, Nov 12, 2025.
What SoFi users say
Based on 500 App Store reviews, 1 Reddit post and 1 Hacker News post dated Apr 2026 to Oct 2026, read Oct 2026. We collected the Reddit data with Apify, a scraping service, on Oct 24, 2026.
- Of the 502 reviews and posts we read, 85 mention deposits, transfers or getting paid.
- Of the 502 reviews and posts we read, 74 mention how easy or hard the app is to use.
- Of the 502 reviews and posts we read, 70 mention customer service or support.
Positive
“Most user friendly banking app there is. Been a member for years. Every year they add something new”
Critical
“If you think an online bank is better than a brick and mortar just wait until you need customer service...”
Positive
“my favorite is sofi. i personally use them as a bank...”
Where these come from
- SoFi reviews on the App Store, read Oct 24, 2026. The public feed returns the 500 most recent US reviews. We kept every one dated inside the window.
- Hacker News search for SoFi, read Oct 24, 2026. Public search of comments and posts. 8 named the app; we kept 1 where the writer shares their own use of it.
- Reddit search for SoFi, collected Oct 24, 2026. Collected with Apify (harshmaur/reddit-scraper) on Oct 24 2026: a keyword search for "SoFi checking savings", posts and comments from after Oct 24 2025. It returned 81, most of them about something else. We kept 0 where the writer shares their own use of the app or a clear opinion of it, plus 1 from another app's search that discusses this app. We left out moderators, bots, company accounts, referral posts and people promoting their own apps.
- YouTube search for SoFi, collected Oct 24, 2026. Collected with Apify (streamers/youtube-scraper) on Oct 24 2026: a search for "SoFi checking and savings review" from the past year, up to 8 videos. It returned 8. We kept 0 and left out the app's own channel, sponsored videos, videos with affiliate or referral links and videos about a different product. We count themes from each video's title, description and captions, but we don't quote videos, because the captions we have carry no timestamps.
- u/theyhis in r/budgetingforbeginners on Reddit, Oct 21, 2026.
- imzadi on Hacker News, Jul 28, 2026.
FAQ
How much does Acorns charge?
Acorns has three monthly plans: Bronze at $4 a month, Silver at $8 a month, and Gold at $12 a month. We checked this on Oct 29, 2026.
How much does SoFi cost?
SoFi says its Checking and Savings has no monthly, minimum or maintenance fees. We checked this on Oct 29, 2026.
What APY does Acorns list?
Acorns lists a 3.59% APY on Emergency Savings and a 2.33% APY on Mighty Oak Checking, stated as of Sep 22, 2026. Acorns says the rate is variable. Acorns says there is no minimum opening deposit or minimum balance for these accounts. We checked this on Oct 29, 2026.
What APY does SoFi list?
SoFi lists 3.30% APY with eligible direct deposit or $5,000 in qualifying deposits, and 0.80% APY without them, in rates effective Oct 20, 2026. SoFi says the rate is variable. You need eligible direct deposit, or $5,000 in qualifying deposits every 31 days, to earn the 3.30% APY. We checked this on Oct 29, 2026.
More comparisons
Similar comparisons
Keep comparing
- Read our Acorns review.
- Read our SoFi Checking and Savings review.
- See Acorns alternatives, closest category first.
- See SoFi alternatives, closest category first.
- Browse our guide to the low-cost brokerage accounts.
- Want the bigger picture? Compare more money apps.
Full disclosure: Taylor Price, who runs Priceless Tay, owns Fifecta, so keep that in mind as you read this comparison.
Want a plan built on your Money Type?
Fifecta gives every paycheck a plan with FUNDS, so you know where each dollar goes.
Sources and confidence
- Last checked
- Sourced facts
- 17 facts, each linked and dated
Acorns10 sourced facts, last checked Oct 29, 2026
- Management or subscription feeacorns.com/pricing, as of Oct 29, 2026
- Account minimumsqy7rm.media.zestyio.com/Acorns-Wrap-Fee-Program-Brochure--August-2026-.pdf, as of Oct 29, 2026
- Stock and ETF commissionsacorns.com, as of Oct 29, 2026
- Account typesacorns.com/pricing, as of Oct 29, 2026
- Fractional sharessqy7rm.media.zestyio.com/Acorns-Securities-Acorns-Advisers-Form-CRS--August-2026-.pdf, as of Oct 29, 2026
- Automatic investingacorns.com/pricing, as of Oct 29, 2026
- Managed portfolios (robo)acorns.com/pricing, as of Oct 29, 2026
- Protectionacorns.com/pricing, as of Oct 29, 2026
- Platformssqy7rm.media.zestyio.com/Acorns-Securities-Acorns-Advisers-Form-CRS--August-2026-.pdf, as of Oct 29, 2026
- App store ratingApp Store listing, as of Oct 29, 2026
SoFi Checking and Savings7 sourced facts, last checked Oct 29, 2026
- Price and feessofi.com/banking/high-yield-savings-account, as of Oct 29, 2026
- APY or ratesofi.com/legal/banking-rate-sheet, as of Oct 29, 2026
- Minimumssofi.com/banking/high-yield-savings-account, as of Oct 29, 2026
- Protectionsofi.com/banking/high-yield-savings-account, as of Oct 29, 2026
- Platformssofi.com/app-download, as of Oct 29, 2026
- Featuressofi.com/banking/high-yield-savings-account, as of Oct 29, 2026
- App store ratingApp Store listing, as of Oct 29, 2026
- Reference: sipc.org/for-investors/what-sipc-protects, checked Oct 24, 2026.
Each fact links to the official page it came from, with the date we checked it. Once a fact is older than 30 days, it comes off the page until we check it again. How we source, date and index this data.
This is education, not financial advice.
