November 14, 2023
Acorns, a saving and investing app, partnered with actor Dwayne Johnson to introduce the Might Oak debit card, made from heavy metal Tungsten. The card features Real-Time Round Up to allow customers to round up purchases to the nearest dollar and invest those extra cents, according to a press release.
Johnson became passionate about financial literacy due to his background in his 20s when he was out of work and only had $7 to his name.
"I'm personally invested in helping and rooting for people to achieve financial stability and success," Johnson said in the release. "I've worked with Acorns to create a one-of-a-kind card that makes it easy for people to prioritize saving and investing so they can build a solid foundation for their future. I've been there, and know what it's like to count every dollar and save every cent possible to provide for my family and myself. I wish I had the Mighty Oak card back in the struggling and fun days when I had only $7 in my pocket, which is why I helped create this card now to empower people to take control of their financial well-being. One step at a time. I'm rooting for all of you — let's do this."
The card also offers a 5% APY on its Emergency Fund savings feature and has no minimum deposit or balance requirements. Customers can use the card to access more than 55,000 ATMs on the AllPoint Network.