Invest your idle checking balance with new Finch account

A hybrid checking and investment account that offers instant access to invested funds.

Finch, a New York City fintech startup, offers a two-for-one checking and investment account with a debit card and access to a surcharge-free ATM network.

  • Consider Finch if you’re a hands-off investor seeking a robo-advisor.
  • Look elsewhere if you’re interested in stocks, bonds, mutual funds or derivatives.
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Minimum deposit

How does a Finch account work?

A Finch account functions as both a checking and investment account. This hybrid offering is aimed squarely at those seeking a simple, hands-off investment opportunity without having to open a separate brokerage account. It’s essentially a robo-advisor with a debit card.
When you open a Finch account, your entire account balance is automatically invested in up to three exchange-traded funds (ETFs). There are no commission fees, and the ETFs Finch selects for your portfolio hinge on your risk tolerance — essentially, how much loss you’re comfortable risking in your investments.
Anything you deposit into your checking account is automatically invested to begin generating returns. Finch states that its average rate of return is 2.35%.

What makes Finch different?

The blending of checking and investment accounts is what sets Finch apart. And the instant liquidity of assets is what makes it work.
Finch claims that three of every five Millennials don’t invest at all, either because they don’t think they have enough money to set aside for it or they don’t think they have enough time to understand how to invest. Plus, even the simplest ETF investments typically take between two to three business days to liquidate from a traditional brokerage account. Finch invests your money for you but gives you instantaneous access to your account balance whenever you want.
“Many of our customers express that investing is too complex, while others feel they have very little financial flexibility to think about investing and other financial opportunities,” said Founder Neel Ganu in a recent announcement. “But by keeping their money idle in a traditional checking account, they could be missing out on up to 50% of their wealth every 10 years.”
Finch accounts come with a debit card that you can use to spend invested funds at any time. The card also offers access to a surcharge-free ATM network.

When can I open an account with Finch?

The Finch app is available to both Apple and Android mobile users. You can find links to both at the web site. You will need to be 18 or older; have a valid Social Security number; have a U.S. residential address; and be a US citizen, Green Card holder or a valid US Visa holder.

Pricing and fees

Finch’s basic offering — the Stable account — is free. Its accompanying debit card provides access to a surcharge-free ATM network and there are no monthly fees. You can open an account with any amount, but you’ll need at least $5 to receive your Finch debit card and begin investing.
For investors who want more say in their portfolio holdings, Finch offers Growth and Adjustable accounts, which offer more flexibility and control over your investments for a monthly fee of $2 to $7.

Account typeFee
Growth$2 monthly for balances under $1,000
$7 monthly for balances over $1,000
Adjustable$5 monthly

Is Finch legit?

Finch is a New York City fintech startup that officially launched its hybrid platform to the public in November 2020. It doesn’t have a Better Business Bureau or Trustpilot page and it has no complaints on the Consumer Financial Protection Bureau.
With such a limited track record, it’s difficult to assess this startup’s reputation. That said, Finch has taken steps to protect its investors’ interests, offering coverage through the Securities Investor Protection Corporation (SIPC). Finch balances are SPIC-insured for up to $500,000, including up to $250,000 for cash claims, in the event that the platform goes under.

Finch reviews and complaints

Since Finch is so new, there are very few reviews to draw on. As of December 2020, the only feedback we could source were reviews of its mobile app left in the Apple App Store.
Investors report that the Finch app is easy to navigate and that they appreciate the instant liquidity of invested funds. One complaint mentioned the app going down for maintenance resulting in issues withdrawing funds but outside this complaint, no other withdrawal issues were reported.

Pros and cons


  • Free to use. Finch’s Stable account has no monthly fees.
  • Instant liquidity. Invested funds can be immediately accessed and withdrawn.


  • Limited feedback. Since Finch’s hybrid platform is so new, there are few customer reviews to help you identify potential red flags.

Compare Finch with robo-advisors

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Name Product Available asset types Annual fee
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Invest your spare change. Anyone can grow wealth.
Axos Managed Portfolios
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Open an automated investing account with as little as $500 and pay an advisory fee of 0.35%
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1% on balances of $10,000+
While not technically a robo advisor, Titan offers a hands-off investment platform that seeks to outperform the market.
M1 Finance
Invest in your favorite stocks or in curated portfolios with automatic rebalancing.

Information on this page is for educational purposes only. Finder is not an advisor or brokerage service, and we don't recommend investors to trade specific stocks or other investments.

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How do I contact Finch support?

Reach out to Finch by:

  • Phone. Call 202-946-5135 weekdays from 9 a.m. to 9 p.m. ET.
  • Email. Send an email to for a response within one to two business days.

Bottom line

Finch offers a new way to invest with its hybrid checking and investment account. But the app is currently only available for Apple users.
Not sure Finch is the right fit? Compare your account options with other robo-advisors to find the investment service that can help you achieve your investment goals.

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