PUT YOUR EXTRA CASH TO WORK
Many of us hold too much cash in our bank accounts. It’s just sitting there, possibly earning you next-to-nothing. With Smart Saver, you could earn a 2.15% annual yield.*Start with Smart Saver
You deserve a higher savings account yield.
Many banks' savings accounts yield next to nothing.
A low-risk investing account for cash.
We built Smart Saver to keep up with bond yields, which our platform automatically tracks to help you make the most of your money.
Invested in U.S. government bonds, not FDIC-insured.
We put 80% of your money with U.S. Treasuries and 20% with low-volatility corporate bonds. (If short-term Treasury bills aren’t a stable place for your money, we're not sure what is.)
Learn to keep a smart level of cash in your checking.
Smart Saver's yield is just the start. We've built a cash analysis tool to help you see if you’re holding cash in your checking account that could be earning more.
Why check your balance? Smart Saver has Two-Way Sweep.
Having extra cash is a nice problem to have, but moving that money can be a hassle. We built Two-Way Sweep to make it easy. Help avoid overdrafts and keep your checking account at a desired level. We’ll notify you each time we’re about to sweep your money—just in case you want to cancel and keep your cash where it is. Learn moreStart with Smart Saver
Bank interest is taxed. Smart Saver has tax advantages.
When you put your cash in federal government bonds, the money you earn isn’t taxable by states or cities. That means your Smart Saver earnings are partially tax-advantaged. Learn more
* 2.15% yield is the asset-weighted blend of the 30 Day SEC Yield as of 5/1/2019 (a standardized calculation that reflects the dividends and interest earned after deduction of the fund’s expenses) of the ETFs that comprise this portfolio net of Betterment’s management fee (0.25% for its Digital plan). The ETFs were chosen with an aim to limit risk and produce income. Yield is an important number in evaluating a low-risk, all-bond portfolio, but is distinct from actual investment returns, which may vary. 20X the average savings account is calculated by taking the FDIC’s national average savings account interest rate for deposits under $100,000 of 0.10% (as of data available 5/1/2019) compared to 2.15%, the expected yield of a Betterment Smart Saver portfolio. Click here for more information.