Referral Bonus Terms & Conditions

The offer is valid only for new individual accounts with Betterment. The referring friend who sent you this invitation is a Betterment customer and has done so through Betterment’s customer Refer a Friend program. If you qualify, Betterment will waive its fees applicable to your Betterment account for a period of 180 days, and Betterment will also waive its fees applicable to your referring friend’s account for a period of 30 days, both such periods being determined by Betterment. Your referring friend will also receive an additional 1 year free for every third “Qualifying New Account” they refer. In order for you to qualify for the account bonus, you must (1) open a new individual account with Betterment using the special designated link from your invitation, (2) make a completed initial deposit within 90 days of signup (“Qualifying New Account”). Betterment is not responsible for incorrect entry or other failure on your part to meet standards for qualifying for the bonus. This promotion is not valid with any other offers and is non-transferrable. Offer available to U.S. Residents only. Limit one per household. Betterment reserves the right to terminate this offer at any time 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. After the period of time for which your fees will be waived pursuant to the Refer a Friend Program, there will be no differential between the amount or level of investment advisory fees that Betterment will charge for managing your account in excess of that which it would customarily charge for managing any other new client with similar assets who did not participate in the Refer a Friend Program. Accounts advised through the Betterment for Advisors platform are not Qualifying New Accounts, and if you become advised through the Betterment for Advisors platform during a period in which Betterment is waiving the fees applicable to your account under the Refer a Friend program, Betterment will not waive any such fees following such date. This offer does not apply to any fees charged by an advisor you are matched with through the Betterment Advisor Network.Betterment is an SEC Registered Investment Adviser. You may view Betterment’s Wrap Fee Brochure and customer agreements here.