Not sure what to do with your money? Betterment is built to help. From helping you save more on your cash to investing for the long term, Betterment helps you manage your money so that you can live better.
Save with Cash Reserve
• Earn one of the highest interest rates on the market, variable 1.84% APY*
• Eligible for FDIC insurance up to $1M once at our program banks†
• Unlimited transfers in and out
Cash Reserve is provided by Betterment LLC, which is not a bank, and cash transfers to program banks are facilitated by Betterment Securities.
Invest with smart tech and expert advice
• Financial goals: We ask questions to help you figure out your investing goals and make recommendations to help you reach them
• Portfolio management: We build you a personalized investment portfolio of low-cost ETFs and manage it for you
• Financial advice: We provide ongoing advice through our platform. As your money grows, our guidance evolves to help you make smart decisions with your money
• Low, transparent fee of 0.25% annually
Betterment Cash Reserve
*1.84% annual percentage yield (“APY”) is as of 03-02-20. APY is variable. $10 minimum deposit. No minimum balance. Visit betterment.com/cash-management for full details.
†Cash Reserve (“CR”) offered by Betterment LLC. Betterment LLC clients may participate in CR through brokerage accounts held at Betterment Securities. Neither Betterment LLC nor any of its affiliates is a bank. Through CR clients' funds are deposited into one or more banks (“Program Banks”) where funds earn a variable interest rate and are eligible for FDIC insurance. Through CR clients can earn interest on cash intended to purchase securities through Betterment LLC and Betterment Securities. CR is not a long-term investment option.
Funds held in your brokerage account are not FDIC-insured but are protected by SIPC. Funds in transit to or from Program Banks are generally not FDIC-insured but are protected by SIPC, except when those funds are held in a sweep account following a deposit or prior to a withdrawal, at which time funds are eligible for FDIC insurance but are not protected by SIPC. See Betterment Client Agreements at betterment.com/legal for details. Funds deposited into CR are eligible for up to $1M (or $2M for joint accounts) FDIC insurance once funds reach one or more Program Banks (up to $250k for each insurable capacity – e.g., individual or joint – at up to 4 Program Banks). Even if there are more than 4 Program Banks, clients will not necessarily have deposits allocated to provide FDIC insurance above $1M (or $2M for joint accounts). FDIC insurance limits based on all accounts held in the same insurable capacity at a bank. Excluding one or more Program Banks from receiving deposits may lower the amount of FDIC insurance available through CR. Clients are responsible for monitoring total assets at each Program Bank, including existing deposits at Program Banks outside of CR to ensure FDIC insurance limits are not exceeded. For more info on FDIC insurance see www.FDIC.gov. Deposits held in Program Banks not protected by SIPC. For more info seebetterment.com/legal/everyday-savings and betterment.com/adv.
Advisory services provided by Betterment LLC, an SEC-registered investment adviser. Brokerage services provided to clients of Betterment LLC by Betterment Securities www.bettermentsecurities.com, an SEC-registered broker-dealer and member of FINRA/SIPC.
Investments in securities: Not FDIC Insured • No Bank Guarantee • May Lose Value. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Before investing, consider your investment objectives and Betterment's charges and expenses. Not an offer, solicitation of an offer, or advice to buy or sell securities in jurisdictions where Betterment is not registered. All images and return figures shown are for illustrative purposes only and are not actual customer or model returns.
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