If all of your money isn’t working to earn you more money, it’s not working hard enough. The future of saving is here, and it’s called Smart Saver. Let’s put your extra cash to work.

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Bar graph showing that the Smart Saver yield is much higher than the national average for a savings bank

Invest your extra cash with Smart Saver

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 2.14% annual yield, after fees — that’s 20X more than what you’d get with an average savings account.*

Get a yield that keeps up

Smart Saver is a low-risk investing account that invests in bonds (80% Short-Term U.S. Treasury Bonds, 20% Short-Term Investment Grade Bonds). So, if rates rise—like they have for the past several years—so does your yield. Banks, on the other hand, set their own rates and often don’t keep up with the market rate. Some even drop their rates over time.

Move your money with ease

With tools like auto-deposit, it’s easy to build your Smart Saver balance — without lifting a finger. Plus, if you need your cash, you can easily transfer it back to your linked bank account. Typical transfer time is 4-5 business days and, unlike some savings products like CDs, there are no additional early withdrawal fees or penalties.

Put your extra cash to work with Smart Saver.

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* 2.14% yield is the asset-weighted blend of the 30 Day SEC Yield as of 6/3/2019 (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 6/3/2019) compared to 2.14%, the expected yield of a Betterment Smart Saver portfolio. Click here for more information.


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