Financial Dreams? Make them real
How? We help you set goals for your money and a plan to reach them. Spend, save, and invest for what matters most to you, all in one place.
Financial institutions should work harder for you. For everyone. That's why we started Betterment a decade ago, and it's why we haven't stopped working for you ever since.
Our mission since 2010: Help customers do what's right with their money so that they can live better. Ten years later, we're helping half a million people do just that.
Our mission since 2010: Help customers do what's right with their money so that they can live better. Ten years later, we're helping half a million people do just that.Cheers to 10 years! Celebrate with us
Grow your savings with Cash Reserve.
Our high-yield cash account earns * APY (variable)—more than 6X the national average. But that’s just the beginning of how it helps you do more with your money.
FDIC-insured up to $1M with our program banks†.
Move your money as often as you want.
No fees on your account; Betterment LLC only receives compensation from our program banks.
Cash Reserve is available to clients of Betterment LLC, which is not a bank, and cash transfers to program banks are facilitated by Betterment Securities.
No-fee‡ Checking for daily spending.
We reimburse all ATM fees and foreign transaction fees on your withdrawals and purchases, plus there are no overdraft or account fees.
Betterment Visa Debit Card, with tap-to-pay technology.
Easy, delightful mobile experience keeps you in control.
Safe, secure, and FDIC-insured up to $250,000.
Checking is provided by Betterment Financial LLC, in partnership with nbkc bank.
Invest smarter for a comfortable tomorrow.
Since 2010, we've worked to make investing more efficient and accessible using technology and Nobel Prize‐backed research.
Built-in financial guidance
Tax Smart technology
Transparent 0.25% annual fee
Build a secure future with a retirement plan.
No matter your age or situation, we can help you build a plan for life after work. We'll help you determine how much to save and automatically invest your contributions.
A retirement plan tailored to you
You could earn an estimated 38% more over 30 years
0.25% annual fee and no minimum balance
You could earn an estimated 38% more over 30 years.
You could earn an estimated 38% more over 30 years.
Ready to make the most of your financial life?
Getting into the details
Betterment Cash Reserve
*The annual percentage yield ("APY") on the deposit balances in Betterment Cash Reserve ("Cash Reserve") is and represents the weighted average of the APY on deposit balances at the banks participating in Cash Reserve (the "Program Banks") and is current as of . This APY is variable and subject to change daily. See Current APY. Deposit balances are not allocated equally among the participating Program Banks. A minimum deposit of $10 is required, but there is no minimum balance required to be maintained. The APY available to a customer may be lower if that customer designates a bank or banks as ineligible to receive deposits. APY applies only to Cash Reserve and does not apply to checking accounts held through Betterment Checking. Cash Reserve and Betterment Checking are separate offerings and are not linked accounts.
†Betterment Cash Reserve ("Cash Reserve") is offered by Betterment LLC. Clients of Betterment LLC may participate in Cash Reserve through their brokerage account held at Betterment Securities. Neither Betterment LLC nor any of its affiliates is a bank. Through Cash Reserve, clients' funds are deposited into one or more banks ("Program Banks") where the funds earn a variable interest rate and are eligible for FDIC insurance. Cash Reserve provides Betterment clients with the opportunity to earn interest on cash intended to purchase securities through Betterment LLC and Betterment Securities. Cash Reserve should not be viewed as a long-term investment option.
Funds held in your brokerage accounts are not FDIC‐insured but are protected by SIPC. Funds in transit to or from Program Banks are generally not FDIC‐insured but are protected by SIPC, except when those funds are held in a sweep account following a deposit or prior to a withdrawal, at which time funds are eligible for FDIC insurance but are not protected by SIPC. See Betterment Client Agreements for further details. Funds deposited into Cash Reserve are eligible for up to (or $2,000,000.00 for joint accounts) of FDIC insurance once the funds reach one or more Program Banks (up to $250,000 for each insurable capacity — e.g., individual or joint — at up to four Program Banks). Even if there are more than four Program Banks, clients will not necessarily have deposits allocated in a manner that will provide FDIC insurance above (or $2,000,000.00 for joint accounts). The FDIC calculates the insurance limits based on all accounts held in the same insurable capacity at a bank, not just cash in Cash Reserve. If clients elect to exclude one or more Program Banks from receiving deposits the amount of FDIC insurance available through Cash Reserve may be lower. Clients are responsible for monitoring their total assets at each Program Bank, including existing deposits held at Program Banks outside of Cash Reserve, to ensure FDIC insurance limits are not exceeded, which could result in some funds being uninsured. For more information on FDIC insurance please visit www.FDIC.gov. Deposits held in Program Banks are not protected by SIPC. For more information see the full terms and conditions and Betterment LLC's Form ADV Part II.
‡Checking accounts and the Betterment Visa Debit Card provided by and issued by nbkc bank, Overland Park, Kansas, Member FDIC. Funds deposited into Checking will be eligible for up to $250,000 of FDIC insurance. Betterment Checking made available through Betterment Financial LLC. Neither Betterment Financial LLC, nor any of their affiliates, is a bank. Betterment Financial LLC reimburses ATM fees and the Visa® 1% foreign transaction fee worldwide, everywhere Visa is accepted. Checking accounts do not earn APY (annual percentage yield). Betterment Cash Reserve and Betterment Checking are separate offerings and are not linked accounts.