Acorns · Acorns Terms of Service · View original document ↗

Disclaimer of Warranties

Medium severity Medium confidence Explicitdocumentlanguage Uncommon · 41 of 343 platforms
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Document Record

What it is

The agreement disclaims all express and implied warranties regarding the services, including warranties of merchantability, fitness for a particular purpose, and non-infringement. Services are provided on an as-is basis with no warranty of availability or performance.

This analysis describes what Acorns's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

This provision establishes that Acorns makes no contractual warranties regarding service availability, performance, or fitness for purpose, which in the context of investment and banking services has operational implications for users relying on platform availability for account management. The enforceability of warranty disclaimers in regulated financial services contexts may be constrained by applicable securities and consumer protection regulations.

Interpretive note: The enforceability of the warranty disclaimer as applied to regulated investment advisory and broker-dealer services may be constrained by regulatory standards of care that operate independently of contractual terms.

Consumer impact (what this means for users)

Under this clause, Acorns provides all services without any warranty of performance, reliability, or fitness for a particular purpose. Applicable law, including consumer protection statutes and financial services regulations, may independently establish standards that operate regardless of this contractual disclaimer.

How other platforms handle this

Grammarly Medium

THE SERVICES ARE PROVIDED 'AS IS' AND 'AS AVAILABLE' WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. GRAMMARLY DOES NOT WARRANT THAT THE SERVICES WILL BE UN...

Replit Medium

THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. REPLIT DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED...

Plaid Medium

THE SERVICES ARE PROVIDED ON AN 'AS IS' AND 'AS AVAILABLE' BASIS WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. PLAID DOES NOT WARRANT THAT THE SERVICES WILL BE ...

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▸ View Original Clause Language DOCUMENT RECORD
"
THE SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. ACORNS AND ITS AFFILIATES EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT.

— Excerpt from Acorns's Acorns Terms of Service

ConductAtlas Analysis

Institutional analysis (Compliance & governance intelligence)

(1) REGULATORY LANDSCAPE: The disclaimer of warranties engages the FTC Act's prohibition on deceptive practices, as blanket warranty disclaimers must be consistent with the company's actual service representations. In the investment advisory context, the Investment Advisers Act may impose independent standards of care that operate regardless of contractual warranty disclaimers. (2) GOVERNANCE EXPOSURE: Low to Medium. As-is warranty disclaimers are standard across consumer software and financial services platforms, but their application to regulated investment advisory and broker-dealer services may be constrained by regulatory standards of care that cannot be fully disclaimed contractually. (3) JURISDICTION FLAGS: Some states limit the enforceability of as-is disclaimers in consumer contracts. California, New Jersey, and Massachusetts have consumer protection frameworks that may limit the effect of warranty disclaimers in financial services agreements. (4) CONTRACT AND VENDOR IMPLICATIONS: The disclaimer is consistent with standard commercial practice for consumer technology platforms. Legal teams reviewing this in a B2B context should note that the disclaimer applies to all services as defined in the agreement. (5) COMPLIANCE CONSIDERATIONS: Legal teams should assess whether the warranty disclaimer is consistent with representations made in Acorns' marketing materials and disclosure documents, as inconsistencies could create FTC Act exposure. The disclaimer should be evaluated against applicable investment adviser and broker-dealer standards of care.

Full compliance analysis

Regulatory citations, enforcement risk, and due diligence action items.

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Applicable agencies

  • FTC
    The FTC has authority over warranty disclaimers in consumer service agreements and their consistency with actual service representations
    File a complaint →

Applicable regulations

FTC Act Section 5
United States Federal

Provision details

Document information
Document
Acorns Terms of Service
Entity
Acorns
Document last updated
May 5, 2026
Tracking information
First tracked
May 20, 2026
Last verified
May 20, 2026
Record ID
CA-P-012518
Document ID
CA-D-00171
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
f7196be6e219d3296a1cb4fb309a52e96e9747f1b439f96d4ae682b9c8866308
Analysis generated
May 20, 2026 22:16 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Acorns
Document: Acorns Terms of Service
Record ID: CA-P-012518
Captured: 2026-05-20 22:16:44 UTC
SHA-256: f7196be6e219d329…
URL: https://conductatlas.com/platform/acorns/acorns-terms-of-service/disclaimer-of-warranties/
Accessed: May 25, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

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Frequently Asked Questions

What does Acorns's Disclaimer of Warranties clause do?

This provision establishes that Acorns makes no contractual warranties regarding service availability, performance, or fitness for purpose, which in the context of investment and banking services has operational implications for users relying on platform availability for account management. The enforceability of warranty disclaimers in regulated financial services contexts may be constrained by applicable securities and consumer protection regulations.

How does this clause affect you?

Under this clause, Acorns provides all services without any warranty of performance, reliability, or fitness for a particular purpose. Applicable law, including consumer protection statutes and financial services regulations, may independently establish standards that operate regardless of this contractual disclaimer.

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 41 platforms. See the full comparison.

Is ConductAtlas affiliated with Acorns?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Acorns.