SuperMoney

Betterment Cash Reserve

in Savings Accounts from Betterment LLC

Unaffiliated Visit Site

Betterment Cash Reserve

Unaffiliated

in Savings Accounts from Betterment LLC

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend Betterment Cash Reserve to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
APY (Annual Percentage Yield) 0.4%
APY Minimum Balance $0
Monthly Fee $0

Betterment Cash Reserve Review

Betterment Cash Reserve is offered by Betterment LLC, a financial services company founded in 2008 and based in New York, NY. Betterment Cash Reserve is available in 50 states (and Washington, DC).

Are savings accounts from Betterment LLC federally insured?

Yes, your Betterment LLC savings accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

Does Betterment LLC offer a signup bonus?

Betterment Cash Reserve doesn't offer a signup bonus.

What is the minimum balance for Betterment Cash Reserve?

The minimum balance to open a Betterment Cash Reserve is $10.
Betterment Cash Reserve Account Minimums
Description
APY Minimum Balance $0
Minimum Initial Deposit $10
Minimum Combined Balance to Avoid Monthly Fee N/A
Minimum Required Balance N/A
Minimum Direct Deposit to Avoid Monthly Fee N/A
Minimum Balance to Avoid Monthly Fee $0

What APY does Betterment LLC offer?

Betterment Cash Reserve offers an APY of 0.4% (APY stands for annual percentage yield, rates may change).

What features and perks does Betterment Cash Reserve offer?

This account includes the following features:

  • Automatic savings - Set up an automatic transfer from your checking account to a savings account and you'll never have to second-guess your saving decisions again.
  • ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks. Typically there is a limit to how much you can claim for these costs, so check the fine print if you plan to make multiple withdrawals within one month.
  • Betterment Cash Reserve Features
    Description
    Bank Account Features
    • ATM Reimbursement
    • Automatic Savings
    • FDIC Member
    • Interest Bearing Account
    • Mobile Banking
    • No ATM Fees
    • No Monthly Maintenance Fee
    • Online-Only Account

What fees does Betterment Cash Reserve charge?

Betterment Cash Reserve does not charge a monthly maintenance fee. See the fee breakdown section below to view all fees.

SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Contact

  • Headquarters
  •   61 W. 23rd Street Fifth Floor
    New York, NY 10010
  •   Visit Site

Other Services by Betterment LLC

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

APY Minimum Balance $0
Minimum Balance to Avoid Monthly Fee $0
Minimum Initial Deposit $10
Bank Teller Fee $0
Early Account Closure $0
Monthly Fee $0
Paper Statement Fee $0
Returned Deposit Fee (Domestic) $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - Domestic (Outgoing) $0
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - International (Outgoing) $0
Bank Account Features
  • ATM Reimbursement
  • Automatic Savings
  • FDIC Member
  • Interest Bearing Account
  • Mobile Banking
  • No ATM Fees
  • No Monthly Maintenance Fee
  • Online-Only Account
APY (Annual Percentage Yield) 0.4%

Be the first to rate

 

Would you recommend Betterment Cash Reserve to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Savings Accounts

Credit Karma Savings
Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

2 Reviews