Deposit into Cash Reserve for a 0.75% increase in APY

Terms and Conditions

To fulfill this offer, you must click on the offer link in your email or within the Betterment app and then complete deposits totaling at least $1,000 into an individual, joint, or trust Betterment Cash Reserve account by October 15, 2026 (a “qualifying deposit”), inclusive of the required settlement time (typically 2-3 business days). Qualifying deposits must originate from a bank account (including a Betterment Checking account) and cannot be sourced from a Betterment Investing account. 

If you make a qualifying deposit, your Cash Reserve rate will be increased by 0.75% on top of the current standard Cash Reserve rate (“promotional rate”) on up to $1,000,000 of your total balance in your Cash Reserve account through January 15, 2027 (the “promotional period”). The Cash Reserve Rate is currently 3.25% but is subject to change, including during the promotional period. For example, if the standard Cash Reserve Rate decreases during the promotional period, your promotional rate will also decrease. Please note that the Cash Reserve APY is variable and only applies to Cash Reserve accounts, not investments or other cash held through Betterment’s Cash Sweep Program. At the end of the promotional period, your interest rate on your entire balance will return to the standard Cash Reserve rate at that time. If you elect to exclude Cash Reserve deposits from one or more participating Program Banks, Betterment is unable to guarantee you will receive the promotional rate regardless of whether you have made a qualifying deposit.

The promotional rate will apply as follows:

• The promotional rate will apply to up to a total balance of $1,000,000 in each of your Cash Reserve accounts.
  • For example, if you open an individual, joint, and trust Cash Reserve account, you would receive the promotional rate on up to $1,000,000 in each of those accounts until the end of the promotional period.
  • If you make a qualifying deposit into an individual Cash Reserve account and later open a joint Cash Reserve account during the promotional period, you will receive the promotional rate on up to $1,000,000 in your individual Cash Reserve account and a promotional rate on up to $1,000,000 in your joint Cash Reserve account, in each case until the end of the promotional period.

• If you have more than one cash goal within a Cash Reserve account, the promotional rate will be applied proportionally across the balances of those goals, based on their relative balance during the promotional period, up to a combined total balance of $1,000,000. Cash goals do not have separate balance caps; rather the $1,000,000 limit applies across all cash goals held within the same account type (i.e. individual, joint, trust).
  • For example, if you have an individual Cash Reserve account with $1,000,000 in cash goal A and $1,000,000 in cash goal B, goal A would receive the promotional rate on $500,000 of its balance, and goal B would receive the promotional rate on $500,000 of its balance.
• If the balance in your applicable Cash Reserve account exceeds $1,000,000, the APY you receive on that Cash Reserve account will be reflected on your statements as a blended rate that combines the promotional rate on $1,000,000 of your balance and the current base rate on balances above $1,000,000.

This promotion is unique to the account-holder associated with the email address receiving this offer and is non-transferable. If you are currently participating in other offers for an increased APY (an “existing APY Boost”) in your Cash Reserve account(s), and you participate in this offer, the promotional rate will be applied successively to your Cash Reserve account(s), after the existing APY Boost has expired. For the avoidance of doubt, the promotional rate is not added on top of any other existing APY Boosts, but rather applies after all other promotional offers have run, and will expire at the end of the promotional period. Offer available to U.S. Residents only. Accounts advised through the Betterment for Advisors platform and balances held in 401(k) plans managed by Betterment at Work are excluded from this offer.

Betterment reserves the right to terminate this offer at any time, to limit account bonuses you are eligible to receive, and to refuse or recover any promotion award if Betterment determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, or that any terms of the Betterment Account Agreements have been violated. Betterment also reserves the right to offer the promotional rate in its discretion to customers who have not made a qualifying deposit.