How are the fees taken from my account?

Fees are taken right from your Betterment Investing account at the end of each month. No action is required on your part, and we'll never charge fees if you don't have a balance. Our fees are calculated based on the average daily balance of assets under management and assessed monthly, and add up to the total annual percentage (0.25% or 0.40%, depending on your plan). If a client’s account exclusively consists of mutual funds, due to small price fluctuations in mutual funds that may occur on the transaction date, Betterment will accrue any fees over- or under-assessed and apply the difference to adjust the following period’s fee.

Are there discounts if I hold a high balance?

Yes. For the portion of your household balance above $2M, you'll receive a 0.10% discount. So, on the Digital plan, you'll pay just 0.15% for the portion of your balance above $2M, and on the Premium plan, you'll play 0.30% for the portion of the balance above $2M.

What counts toward the minimum balance for Premium?

The minimum balance requirement for the Premium plan is based on your combined balance across individual and joint taxable accounts, trusts, and any IRAs you hold at Betterment. Cash Goals, Betterment Cash Reserve balances, and your Betterment Checking balance do not count toward the minimum balance requirement for Premium. If you have a 401(k) through an employer plan with Betterment for Business, an account with a third-party advisor through our Betterment for Advisors platform, or a health savings account (HSA) offered by Betterment in partnership with Optum Bank, those accounts are also not included in your minimum balance requirement and are subject to separate fee schedules.

Are there fees on deposits, withdrawals, or ETFs?

Betterment will construct your portfolio with ETFs, a type of security that generally tracks a broad-market stock or bond index but trades like a stock on a listed exchange, and these ETFs have embedded fund fees. Betterment's fund selection methodology aims to keep these costs as low as possible, and the dividends paid and reflected in your account's statement already take into account the deduction of these fees by the fund. Betterment does not receive any portion of these fund fees and these fees are in addition to our annual wrap fee (.25% for Digital and .40% for Premium). Other than fund fees discussed above, our annual fee covers everything else. You are not charged any additional trading, deposit, withdrawal or transfer fees.

Does it cost more to get additional help if I need it?

Our Customer Support Team is available at no additional cost to help you with any technical or account management questions. Members of our Customer Support Team are not investment adviser representatives and are not licensed to give financial advice. Customers looking to transfer investments to Betterment have access to our dedicated transfer specialist team. If you're exploring moving $100K or more to Betterment and would like to understand your options, get advice on account set up, and ultimately have dedicated support throughout the transfer process, we offer complimentary access to our Licensed Concierge team. For more in-depth financial advice, you can purchase flat-fee advice packages with our team of CFP® professionals, for a one-time fee of $299-$399. An advice package can be especially useful if you're looking to build a financial plan but do not have the $100K minimum balance for our Premium Plan. Each advice package includes a tailored call and a personalized action plan and educational content.

Our Pricing

No fee

Compare this plan to the possible fees on your current checking or savings account.

$0 minimum balance

Checking

No-fee^‡ Checking account and Visa^® debit card
ATM fees reimbursed worldwide
FDIC-insured up to $250K

Checking accounts and the Betterment Visa Debit Card provided and issued by nbkc bank, Member FDIC. Checking made available through Betterment Financial LLC. Neither Betterment Financial LLC, nor any of their affiliates, is a bank. Learn more

Cash Reserve

Cash account earning a variable 1.60%*
Bucket money for individual goals and plans
FDIC-insured up to $1M^† with our program banks

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. Learn more

Advice and planning tools

Financial goal-setting and advice tools
Retirement planning tools
Feedback on accounts you hold at other institutions

Advisory services provided by Betterment LLC, a registered investment advisor. If a customer wishes to fund an investment goal and use Betterment's advisory services beyond advice and planning tools, the customer's investment account will be charged a .25% annual fee, under the Digital plan (see Digital investing).

0.25% annual fee

Compare this plan to the time and effort it takes to invest on your own.

$0 minimum balance ~$2.50/year for every $1K

Digital investing

Low-cost investing portfolios built and managed based on your priorities
Socially responsible investing options
Account choices, including joint accounts, IRAs, and trusts
Automatic features like portfolio rebalancing, dividend reinvestment, and auto-adjust
Advanced tax-saving strategies like Tax Loss Harvesting+ and asset location
Add Checking and Cash Reserve with no additional fees

0.40% annual fee

Compare this plan to the cost of an average traditional advisor—1%.¹

$100K minimum balance ~$400/year for every $100K

Premium investing

All the features of Digital investing
Unlimited calls and emails with our team of CFP^® professionals
Add Checking and Cash Reserve with no additional fees

Premium is optional. You'll have the option to upgrade when your account has the qualifying balance.

Curious how we make money?

We take transparency seriously around here, which means we keep our pricing and terms easy and straightforward:

For Checking, Betterment Financial LLC does not charge fees on your account. We make money from merchants when you use your Visa debit card.

For Cash Reserve ("CR"), Betterment LLC only receives compensation from our program banks, and Betterment LLC and Betterment Securities do not charge fees on your CR balance.

For Investing and retirement accounts, Betterment LLC charges one low, annual fee, which covers all trading, transfer, and management costs.

The Betterment Satisfaction Guarantee.

We are committed to providing our customers with a great experience. If you are not completely satisfied with your advisory experience with Betterment, we will do everything we can to make it right up to and including by waiving Betterment's management fees for up to 90 days. Learn more or contact us if you have questions.

Questions about our pricing:

How are the fees taken from my account?

Fees are taken right from your Betterment Investing account at the end of each month. No action is required on your part, and we'll never charge fees if you don't have a balance. Our fees are calculated based on the average daily balance of assets under management and assessed monthly, and add up to the total annual percentage (0.25% or 0.40%, depending on your plan).

If a client’s account exclusively consists of mutual funds, due to small price fluctuations in mutual funds that may occur on the transaction date, Betterment will accrue any fees over- or under-assessed and apply the difference to adjust the following period’s fee.
Are there discounts if I hold a high balance?

Yes. For the portion of your household balance above $2M, you'll receive a 0.10% discount. So, on the Digital plan, you'll pay just 0.15% for the portion of your balance above $2M, and on the Premium plan, you'll play 0.30% for the portion of the balance above $2M.
What counts toward the minimum balance for Premium?

The minimum balance requirement for the Premium plan is based on your combined balance across individual and joint taxable accounts, trusts, and any IRAs you hold at Betterment.

Cash Goals, Betterment Cash Reserve balances, and your Betterment Checking balance do not count toward the minimum balance requirement for Premium. If you have a 401(k) through an employer plan with Betterment for Business, an account with a third-party advisor through our Betterment for Advisors platform, or a health savings account (HSA) offered by Betterment in partnership with Optum Bank, those accounts are also not included in your minimum balance requirement and are subject to separate fee schedules.
Are there fees on deposits, withdrawals, or ETFs?

Betterment will construct your portfolio with ETFs, a type of security that generally tracks a broad-market stock or bond index but trades like a stock on a listed exchange, and these ETFs have embedded fund fees. Betterment's fund selection methodology aims to keep these costs as low as possible, and the dividends paid and reflected in your account's statement already take into account the deduction of these fees by the fund. Betterment does not receive any portion of these fund fees and these fees are in addition to our annual wrap fee (.25% for Digital and .40% for Premium). Other than fund fees discussed above, our annual fee covers everything else. You are not charged any additional trading, deposit, withdrawal or transfer fees.
Does it cost more to get additional help if I need it?

Our Customer Support Team is available at no additional cost to help you with any technical or account management questions. Members of our Customer Support Team are not investment adviser representatives and are not licensed to give financial advice. Customers looking to transfer investments to Betterment have access to our dedicated transfer specialist team. If you're exploring moving $100K or more to Betterment and would like to understand your options, get advice on account set up, and ultimately have dedicated support throughout the transfer process, we offer complimentary access to our Licensed Concierge team.

For more in-depth financial advice, you can purchase flat-fee advice packages with our team of CFP^® professionals, for a one-time fee of $299-$399. An advice package can be especially useful if you're looking to build a financial plan but do not have the $100K minimum balance for our Premium Plan. Each advice package includes a tailored call and a personalized action plan and educational content.

Pricing at Betterment

Our pricing plans:

No fee

Checking

Cash Reserve

Advice and planning tools

0.25% annual fee

Digital investing

0.40% annual fee

Premium investing

All accounts include access to our Customer Support Team, available five days per week via phone and email.

Curious how we make money?

The Betterment Satisfaction Guarantee.

Questions about our pricing:

How are the fees taken from my account?

Are there discounts if I hold a high balance?

What counts toward the minimum balance for Premium?

Are there fees on deposits, withdrawals, or ETFs?

Does it cost more to get additional help if I need it?

Like what you see? Let’s get you started.

Pricing at Betterment

Our pricing plans:

No fee

Checking

Cash Reserve

Advice and planning tools

0.25% annual fee

Digital investing

0.40% annual fee

Premium investing

All accounts include access to our Customer Support Team, available five days per week via phone and email.

Curious how we make money?

The Betterment Satisfaction Guarantee.

Questions about our pricing:

How are the fees taken from my account?

Are there discounts if I hold a high balance?

What counts toward the minimum balance for Premium?

Are there fees on deposits, withdrawals, or ETFs?

Does it cost more to get additional help if I need it?

Like what you see? Let’s get you started.

Like what you see? Let’s get you started.