Ellevest: Invest, Bank, Career Reviews

Ellevest: Invest, Bank, Career Reviews

Published by on 2021-03-29

Ellevest was built by women, for women. The financial industry wasn’t.
Designed to get more money in the hands of women, Ellevest is where women
money. Ellevest is NerdWallet's 2021 winner for Best Robo-Advisor for IRA
Investing Membership at Ellevest As a member, you get access to di...

Table of Contents:
1. Reviews
2. Is it Safe?
3. Is it Legit?
4. App not working?
5. Report Issue

Ellevest: Invest, Bank, Career Reviews

  • By

    First Review Deleted?

    Not sure what happened to my first review. I came on to update it and it’s gone. Here’s my experience. I contacted customer service to stop automatic withdrawals and I never received assistance. I wanted to close the account but all the money had to be withdrawn which can take 5 business days or more. Needless to say, I wasn’t happy or excited about the app. Fast forward, the app itself doesn’t and I repeat DOES NOT have the same features as the website. You have more control using the website than the app. I was able to stop my own auto withdrawals. I only use the app to check my funds. What I do love is my money started making me money right away. I was going to close the account but I’m keeping it open and investing small amounts as I have three other accounts with other companies. If you’re not happy with the app, use the website. So far, I haven’t figured out how to change my investments. Hopefully, we will have that option soon. I give it 3 stars ⭐️ ⭐️ ⭐️ The app needs the same if not more features than the website.

  • By

    So, what are you doing with my money?

    It’s got a very nice design, but other than that I’m a bit disappointed with it. It boasts empowerment of women and teaching about stocks and bonds. After a few months of use, I don’t feel educated. I feel patronized. My money is taken from the account, placed into random stocks and bonds- no questions about where I would like it to go. No education about whether it’s going to companies I’d like to own stock in, and not much else to help other than a pie chart and a vague graph. What if I want to diversify my portfolio in different ways? What if I’d rather not buy stock into one of your set chosen enterprises? At this point, I’d just like to liquidate my interests, and delete. Don’t get if you’d actually like to learn anything about or be in charge of your stock market investing.

  • By

    Technical issues

    I have an Acorns account and love it so I was very excited to see another micro investing app tailored at supporting female businesses and financial support. I think the concept of this app is great however while setting up an account I ran into a lot of bugs and technical issues. Nearly every step of setup I received an “Oops Something went wrong” message with no explanation. I eventually couldn’t complete my account and was unable to set up a deposit. I have an email out to the support team hoping this is a one time experience, but unfortunately I have lost my faith in the capability of the technology and safety of the software. I think this is a great concept and a strong business model, but I’m going to hold off linking my accounts until a new update comes out.

  • By

    Very buggy

    I love the idea of this app - if only I could actually deposit money to start investing! I’m stuck in an endless loop of trying to connect my bank account and make my first deposit. When I enter my bank login information and then select an account to link, it just sends me right back to the bank login screen even though the login should have been successful. The UI of the app is a bit confusing and there’s no way to check whether my deposit was initiated or whether my bank account was actually connected. I’d steer clear of wasting your time setting up your account on this app until they fix these major usability issues.

  • By

    Horrible. Don’t waste your money.

    After being a member for two years - I am extremely disappointed. Either financial projections are WAY off, or Ellevest is terrible at investment. Here’s the story. I make a $100 deposit into an FDIC Cash account each month (among other accounts). Over the course of three years, Ellevest predicts I will have saved $637. Let that sink in for a moment. 36 months * $100 each month = $637. I’m not a trader by profession, but I have a suspicion that this is incorrect. I have contacted Ellevest about this twice. The first time, someone returned my call and left a voicemail letting me know that Ellevest tends to make “conservative projections.” Yes, a $3000 loss in an FDIC Cash account seems pretty darn conservative, I’ll give them that. The second time I called, I was told that the issue would be raised to the engineering team and I would hear back within 48 hours. This was two weeks ago. I don’t trust these people with my money, and neither should you. Closing my accounts. Ellevest, you deserve every word of this review. Shame for your poor service.

  • By

    Educational, informative, and helping me build wealth!

    I love this app! I have been steadily auto depositing money over the past year, and Ellevest invests all of it for me, making the process super easy! I especially love the informational graphics about investing, and I have found them to be super clear about my funds. This is my first time investing any money, and I was nervous in the beginning. But I knew that I wanted to build long term wealth and this is definitely helping me do that!

  • By

    Don’t wait

    Sallie and her crew at Ellevest are doing great things for the investment market. Yes, I started my account because she’s a talented and experienced woman in the investment world, but I even advise my male friends to invest too! The way Ellevest communicates through educational pieces is a huge bonus. Follow them on social media, sign up for the newsletter...::you’ll learn while taking steps toward wealth.

  • By

    Excitement Abated

    I was so excited to see that there was an Ellevest App at last! It was quick to install and looks great...right in line with your website. However it actually does very little. My heart has yearned for companies like Ellevest, but seriously if you want to promote yourself as better for women, then be better. Period. Everything you do needs to be superior. Please place more focus on the end users’ experiences...they do matter. Perhaps with more time?

  • By


    I was afraid to invest first it’s why I did a tiny $5 deposit to secure my account then I referred two people withdrew my Referal bonus then I deposit $995 for a balance of $1,000 now all I do is withdraw everything over my capital plus I keep referring for more profits I can see myself getting rich soon with Elleinvest

  • By

    Wish it could do more

    This app is beautiful and functions great. However, it doesn’t allow you to change or add goals or accounts. I still have to log onto the website to do a lot of things. It’s great to be able to quickly review, and I’ve been wanting to see this app for a long time now, so I’m happy that it’s finally here!

  • By

    I’ve told everyone I know about how much I love my feminist bank

    Who has loyalty to an investment bank?? I do now — ellevest is transparent, mission-driven, and incredibly user friendly. I love that I can choose an “impact portfolio” to put my money toward causes I believe in. Good returns, low fees, and a bank I actually feel comfortable with! Thanks!

  • By

    Just starting out

    I just opened up an account and I wish I knew about this a long time ago. I've been saving my money in banks where my dividend was minimal and the banks were making money off of me. Today I get to build financial freedom for myself.

  • By

    Worst investment app! Go with SoFi!!!

    This so called investment app has no customer service only thing they have is a automated Patty and Bridget. I’ve tried contacting support since last summer and still haven’t heard back from them! They don’t pay for referrals even after the 90 days... it’s been half a year and still waiting! Then they disable the referrals so they won’t pay you what a horrible company! Don’t come telling me to contact support because I have and not once have they replied!

  • By

    Great for first time investors

    I’ve been trying to set money aside and this app has helped greatly. You can set it aside for different things, including buying a house or things like that. I didn’t grow up in a financially literate household, so this is helping me with financial literacy.

  • By

    Not interactive enough

    Not going to lie I use Ellevest way less frequently Than Acorn or Stash. Think investing in more interactive UX design will be essential for creating a more competitive app. It’s a bit stale right now. In addition, the ability to terminate goals seems to be an important feature is that currently unavailable - should be communicated clearly at the beginning at the least.

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Contact Ellevest: Invest, Bank, Career directly

Is Ellevest: Invest, Bank, Career Safe?

Yes. Ellevest: Invest, Bank, Career is very safe to use. This is based on our NLP (Natural language processing) analysis of over 2,509 User Reviews sourced from the Appstore and the appstore cumulative rating of 4.7/5 . Justuseapp Safety Score for Ellevest: Invest, Bank, Career Is 40.8/100.

Is Ellevest: Invest, Bank, Career Legit?

Yes. Ellevest: Invest, Bank, Career is a totally legit app. This conclusion was arrived at by running over 2,509 Ellevest: Invest, Bank, Career User Reviews through our NLP machine learning process to determine if users believe the app is legitimate or not. Based on this, Justuseapp Legitimacy Score for Ellevest: Invest, Bank, Career Is 40.8/100.

Is Ellevest: Invest, Bank, Career not working?

Ellevest: Invest, Bank, Career works most of the time. If it is not working for you, we recommend you excersise some patience and retry later or Contact Support.

Have a Problem with Ellevest: Invest, Bank, Career? Report Issue

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Why should I report an Issue with Ellevest: Invest, Bank, Career?

  1. Pulling issues faced by users like you is a good way to draw attention of Ellevest: Invest, Bank, Career to your problem using the strength of crowds.
  2. We have developed a system that will try to get in touch with a company once an issue is reported and with lots of issues reported, companies will definitely listen.
  3. Importantly, customers can learn from other customers in case the issue is a common problem that has been solved before.
  4. If you are a Ellevest: Invest, Bank, Career customer and are running into a problem, Justuseapp might not be the fastest and most effective way for you to solve the problem but at least you can warn others off using Ellevest: Invest, Bank, Career.

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