You can change your funding account, manage deposits, and do transfers all on the go with our mobile apps.
Change Funding Account
Because an electronic ACH transfer is the primary way to move money to and from Betterment, you will not be able to delete the link to your checking account unless you add a new one to replace it with.
On the mobile app: After logging in, tap the three bars on the top left. Select “Settings” and then select “Funding Accounts.” Click on the three dots to the right of the account you want to change and you’ll see the option to change your funding account.
Deposit and manage recurring deposits
To make a one-time deposit or set up an auto-deposit, click Deposit on the lower-right corner of the home screen. Within a goal, click Deposit on the Overview tab.
To edit an auto-deposit, select the goal where the auto-deposit is occurring. Go to Betterment Accounts → select the auto-deposit → Recurring deposits: auto-deposit to get to the auto-deposit settings. You can edit the method and amount, or turn off auto-deposits completely.
Once in your mobile app, choose the goal you would like to withdraw funds from and select Withdrawal from the Overview tab.
Withdrawals generally take about 4-5 business days to process. Your investments will automatically be sold and the proceeds will be sent to your linked bank account. Tax Impact Preview will show you an estimate of the taxes you may owe before making a withdrawal.
To transfer between taxable goals within your account, open your app and select the goal that you would like to transfer from, then click Transfer. You’ll see an option that says Transfer to another goal.