Version history

Acorns updated its Privacy Policy effective September 29, 2026, to disclose new data practices related to its Invest My Tips feature. The policy now explicitly describes what personal information is collected from tip senders and recipients, including public profile data, payment information, and QR code details. The updated terms also clarify that Acorns shares tip-related information with payment processors and fraud detection providers, and add a restriction stating that Acorns does not sell or share text messaging opt-in data to third parties outside of carriers and service providers.

Acorns revised its FDIC insurance disclosures for Acorns Checking accounts. Previously, the policy stated that Acorns Checking itself was not FDIC-insured but that balances were insured up to $250,000 per depositor through partner banks. The updated language clarifies that all balances held with Lincoln Savings Bank or nbkc bank, including those in Acorns Checking accounts, are insured up to $250,000 per depositor, and adds that jointly owned funds receive separate $250,000 coverage per owner. The policy also expanded the ATM network description from generic language to specify "over 55,000 fee-free ATMs" and reorganized fee disclosure language.

Acorns expanded its third-party sign-in service offerings beyond Apple to include Google and other providers, and revised its AI chatbot disclosure to state that the company 'may allow' access to AI features rather than stating it 'uses' a generative AI chatbot. The policy now explicitly describes data received through third-party sign-in services and clarifies that such data is controlled by the third-party provider. The updated AI section broadens the stated purposes for which AI systems process user data to include 'customer or account service assistance' and directing users to 'third party resources,' and adds a reminder that users are not communicating with a human when using these features.