What happened to Smart Saver?

Smart Saver was a low-risk investment account that was designed to earn a higher yield than a typical savings account through the use of short-term treasury bonds. We’ve replaced this offering with our high-yield cash offering, Cash Reserve.

If you had “free time” on your Smart Saver account, that free time won’t correspond to Cash Reserve. We know that it might not seem ideal to you to lose the free time, but our hope is that our new cash management tools will fit your needs by helping you spend and save with confidence.

Two Way Sweep and Cash Analysis are not available for goals that can be held in Betterment cash or an Investing portfolio strategy. These features can only be accessed through a Cash Reserve goal.