When comparing Qapital vs Acorns Investing, the Slant community recommends Qapital for most people. In the question“What are the best apps save money without a link bank?” Qapital is ranked 1st while Acorns Investing is ranked 2nd. The most important reason people chose Qapital is:
No one can steal your funds, because they will be FDIC insured up to $250,000. Get this app if you value the insurance policy over other features.
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Pros
Pro Built-in insurance
No one can steal your funds, because they will be FDIC insured up to $250,000. Get this app if you value the insurance policy over other features.
Pro Accessible pricing
The basic plan is only $3/month
Pro Free for use for 30 days
It doesn't limit its users during the trial period.
Pro It also allows investing
Acorns does not only help you save, but it invests the money you have in your savings account for you. You can set your own tolerance for risk and it will build a portfolio and based on it. Get this app if you want your own personal AI investment manager.
Pro Low minimum deposit
You can start saving with just $5.
Cons
Con Some bugs with the rules have been reported
Some users had trouble pausing rules, which can be a problem if you're running low on funds, since the app transfers your money towards your saving goals automatically.
Con High fees for larger accounts
When you have an account under $5000, the fee is only $12 per year, however, and account of $50.000 would pay $125 per year(0.25%). That is considered a high fee compared to other investment options out there.