Cash Reserve is only available to clients of Betterment LLC, which is not a bank, and cash transfers to program banks are conducted through the clients’ brokerage accounts at Betterment Securities. For Cash Reserve (“CR”), Betterment LLC only receives compensation from our program banks; Betterment LLC and Betterment Securities do not charge fees on your CR balance.
What makes Betterment’s Cash Reserve better?
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$0 fees.
Forget any monthly or maintenance costs—what you earn is what you keep. -
$2 million insured.†
Rest easy with FDIC insurance up to $2 million ($4 million for joint accounts) with our program banks. That's 8X the standard. -
Unlimited withdrawals.
Compare this to other banks that limit how often you can access your money. -
No minimum balance.
Other institutions offer higher interest rates based on a larger balance—you can grow your money with us for as little as $10.
Keep your money safe as it grows.
Cash Reserve lets you earn interest even during volatile times. FDIC insurance covers your money up to ($2 million ($4 million for joint accounts) at our program banks, meaning you won’t have to sacrifice security for growth.
