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 your daily balance of assets under management and assessed monthly, and add up to $4/month or 0.25% annually for investing accounts, and 0.65% for our Premium 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 $1M, you'll receive a discount on Betterment’s management fee. For Digital investing, you'll pay just 0.15% for the portion of your balance above $1M, and 0.10% for the portion of your balance above $2M. For Premium investing, you'll pay 0.55% for the portion of your balance above $1M, and 0.50% for the portion of your balance above $2M. Note that HSA, 401(k), Cash Reserve, and Checking balances are excluded from the $1M+ total balance discount.

How does Premium pricing work?

Premium requires a minimum investing balance of $100,000 and offers access to financial experts and exclusive benefits. The annual advisory fee is 0.65% on the first $1M, which consists of a 0.25% Digital base fee and an additional 0.40% Premium fee. All investing dollars greater than $1M are charged at a discounted rate of: $1–$2M: 0.15% $2M+: 0.10% Premium benefits still apply, without the added cost, for dollars over $1M. Fees are calculated daily based on your balance and assessed monthly. They are automatically deducted from your investing account. Only Betterment investing accounts are included in the fee calculation; balances in Checking, Cash Reserve, 401(k), and HSA accounts are excluded.

What counts toward the minimum balance for Premium?

Premium requires a minimum of $100,000 in investable assets with Betterment per household to upgrade and maintain eligibility in the plan. Assets can be in your IRA, HSA, Solo 401(k) and taxable investing accounts. 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, a Cash Reserve, or checking account 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 management fees ($4/month, 0.25% annually for Digital, and 0.65% annually for Premium). We charge a flat fee of $75 for each investing account transfer out of Betterment. There is no fee to withdraw funds to your linked checking account. You are not charged any additional trading or deposit 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 $20K 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.

Betterment's Pricing

$0 - $20K balance

$4¹

Monthly
$250+ monthly recurring deposit or $20K - $1M balance

0.25%¹

Annually

A low fee that works for you.

Your fee unlocks all the benefits of automated investing: expert-built portfolios, ongoing advice, and tax-saving technology. Plus, balances over $1M automatically receive progressive fee discounts.

¹ The base price for investing accounts is $4/month. You automatically switch to an annual price of 0.25% on your investing account balance by setting up recurring monthly deposits or transfers totaling $250 or more or reaching a balance of $20,000 or more across your Betterment investing accounts—including Cash Reserve. Learn more

Tax savings covered their fee.

Though our fee is low, the benefits of tax-loss harvesting may offset the cost.

Based on 2022-2023. Tax Loss Harvesting (TLH) is not suitable for all investors. Consider your personal circumstances before deciding whether to utilize Betterment’s TLH feature. Fee coverage and estimated tax savings based on Betterment internal calculations. See more in disclosures.
Automation can earn you more.

We use technology to optimize your investments faster than a human can. From trading to rebalancing to reinvesting, we work to enhance your returns and save you time in the process.

Cash Reserve

Grow your savings with a high-yield cash account with no monthly fees. APY is variable.

Cash Reserve offered by Betterment LLC and requires a Betterment Securities brokerage account. Betterment is not a bank. FDIC insurance provided by Program Banks, subject to certain conditions. Learn More.

Checking

Everyday spending with no overdraft fees and ATM fees reimbursed.

Account is FDIC insured up to $250K through nbkc bank, Member FDIC. FDIC insurance only covers the failure of an insured bank. Betterment is not a bank.

All ATM fees and the Visa 1% foreign transaction fee are reimbursed.

Unlock more with Premium.

Access to an advisor when you want along with Premium benefits for a 0.65% advisory fee—a fraction of what traditional financial advisors cost. Plus balances over $1M automatically receive progressive fee discounts.

0.65%

annual management fee

Tax savings can pay your fee.

69% of customers using our tax-loss harvesting feature had their taxable advisory fee covered by likely tax savings (in 2022).

Fee coverage and estimated tax savings based on Betterment internal calculations. See more in disclosures.
Recurring deposits can help you earn even more.

Over the last decade, customers who automated their deposits earned 6% higher annual returns than those who did not.

10-year annualized return based on Betterment internal calculations for the Core portfolio. See more in disclosures.

Questions about our pricing:

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 your daily balance of assets under management and assessed monthly, and add up to $4/month or 0.25% annually for investing accounts, and 0.65% for our Premium 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.
Yes. For the portion of your household balance above $1M, you'll receive a discount on Betterment’s management fee. For Digital investing, you'll pay just 0.15% for the portion of your balance above $1M, and 0.10% for the portion of your balance above $2M. For Premium investing, you'll pay 0.55% for the portion of your balance above $1M, and 0.50% for the portion of your balance above $2M.

Note that HSA, 401(k), Cash Reserve, and Checking balances are excluded from the $1M+ total balance discount.
Premium requires a minimum investing balance of $100,000 and offers access to financial experts and exclusive benefits. The annual advisory fee is 0.65% on the first $1M, which consists of a 0.25% Digital base fee and an additional 0.40% Premium fee. All investing dollars greater than $1M are charged at a discounted rate of:
- $1–$2M: 0.15%
- $2M+: 0.10%
Premium benefits still apply, without the added cost, for dollars over $1M. Fees are calculated daily based on your balance and assessed monthly. They are automatically deducted from your investing account. Only Betterment investing accounts are included in the fee calculation; balances in Checking, Cash Reserve, 401(k), and HSA accounts are excluded.
Premium requires a minimum of $100,000 in investable assets with Betterment per household to upgrade and maintain eligibility in the plan. Assets can be in your IRA, HSA, Solo 401(k) and taxable investing accounts.

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, a Cash Reserve, or checking account those accounts are also not included in your minimum balance requirement and are subject to separate fee schedules.
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 management fees ($4/month, 0.25% annually for Digital, and 0.65% annually for Premium). We charge a flat fee of $75 for each investing account transfer out of Betterment. There is no fee to withdraw funds to your linked checking account. You are not charged any additional trading or deposit fees.
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 $20K 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.

Grow your money at a price worth paying

How inexpensive is automated investing?

$0 - $20K balance

$4¹

$250+ monthly recurring deposit or $20K - $1M balance