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What are Betterment's cash management products?

Published | Updated

Betterment provides you with cash management solutions that helps you spend and save confidently.

Cash Reserve: A Cash Account

  • A cash account
  • Earn a variable rate of 3.50% APY
  • For individual Cash Reserve: FDIC insurance covers up to $2 million at our program banks
  • For joint Cash Reserve: FDIC insurance covers up to $4 million at our program banks
  • Access your cash in 1-2 business days
  • No limits on withdrawals
  • No minimum balance
  • No fees on your balance
Cash Reserve offered by Betterment LLC and requires a Betterment Securities brokerage account. Betterment is not a bank. FDIC insurance provided by Program Banks, subject to certain conditions. Learn more.

 

Checking

  • ATM fees are reimbursed worldwide‡
  • No minimum balance
  • No overdraft fees
  • No maintenance fees
  • Eligible for up to $250,000 of FDIC insurance per depositor through nbkc bank, Member FDIC

Checking accounts and the Betterment Visa® Debit Card provided and issued by nbkc bank, Member FDIC.