Deposit $20K into investing for 0.25% increase in Cash Reserve APY

When you deposit a total of $20,000 or more from external accounts into Betterment investing accounts (excluding Cash Reserve or Checking), we’ll boost your Cash Reserve APY by 0.25% for three months.

Terms and Conditions - Aggregate Deposits

This offer is only available for completing qualifying deposits in aggregate of at least $20,000 across one or more Betterment individual or joint investing accounts, including taxable and IRA traditional securities investing accounts, crypto accounts, trust accounts, and health savings accounts via Optum Bank. This offer excludes deposits into accounts held in Betterment Cash Reserve and any Betterment Checking accounts, employer-sponsored retirement accounts provided through Betterment at Work, and accounts advised through the Betterment for Advisors.

In order to qualify to receive the additional 0.25% APY promotional Cash Reserve rate (“promotional rate”) for 92 days on your Betterment Cash Reserve balance, you must (1) enroll in the offer within seven days of receipt of the offer, (2) schedule and complete qualifying deposits in aggregate of at least $20,000 across one or more Betterment individual or joint investing accounts within 45 days from offer enrollment, excluding deposits into accounts held in Betterment Cash Reserve, Betterment Checking, employer-sponsored retirement accounts through Betterment at Work, and accounts advised through Betterment for Advisors, and (3) maintain the qualifying deposits in your accounts for the duration of the promotional rate. In order to qualify, your deposit must be from an external account, and transfers into an investing account from other Betterment accounts, such as Betterment Checking and Betterment Cash Reserve, are not eligible. Note that if you have elected to exclude your 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 completed the qualifying actions.

If you are a joint account holder, the offer and promotional rate is applied based on the user who completes a qualifying deposit. If the primary account holder of the joint account enables the offer and completes a qualifying deposit into a joint investing account, the promotional rate will apply to balances in the primary account holder’s joint Cash Reserve account and individual Cash Reserve account, but will not apply to balances held individually by the secondary account holder. If the secondary account holder of the joint account enables the offer and completes a qualifying deposit into a joint investing account, the promotional rate will apply to balances in the secondary account holder’s joint Cash Reserve account and individual Cash Reserve account, but will not apply to balances held individually by the primary account holder. If both the primary and secondary account holders complete qualifying deposits of at least $20,000 in a joint investing account, the promotional rate will apply to both the primary and secondary account holders’ joint and individual Cash Reserve accounts. If both the primary and secondary account holders complete deposits that individually are less than $20,000 but together sum to more than $20,000 into a joint investing account, these deposits are not qualifying deposits and the promotional rate will not apply to any accounts.

If the primary account holder completes qualifying deposits across their individual and joint investing accounts that sum to at least $20,000, the promotional rate will be applied to the primary account holder's individual and joint Cash Reserve balances, but will not apply to the secondary account holders individual balances unless the secondary account holder also completes qualifying deposits across the secondary holder’s individual and joint investing accounts that sum to at least $20,000.

You may only participate in the promotional APY offer once within any 92 day period and will not be eligible to receive additional APY increases by completing additional deposits within your 92-day promotional period. Your promotional interest starts to accrue on the next business day following the completion of your qualifying deposit.

You are not eligible for this promotion if you have qualified for and are receiving some period of "free time" (i.e., a waiver of Betterment’s management fees) across all of your Betterment accounts through another offer or promotion.

This offer is non-transferable and can be revoked by Betterment at any time. This offer is available to U.S. residents only. Betterment reserves the right to revoke offers you are eligible to receive, and to refuse or recover any promotional APY value 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 reserves the right to modify or terminate this offer at any time without notice.

To learn more about Betterment Cash Reserve, please review our Cash Reserve terms and conditions.

Betterment Cash Reserve ("Cash Reserve") is offered by Betterment LLC. Clients of Betterment LLC participate in Cash Reserve through their brokerage account held at Betterment Securities. Neither Betterment LLC nor any of its affiliates is a bank.