Cash Reserve is our newest way to help you save. As part of our cash management suite, Cash Reserve is a cash account that is available now, and you can use it alone or alongside other investment goals you already have with Betterment.
- Earn a variable rate of 3.20% APY*
- FDIC insurance covering up to $1,000,000 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 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.