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?

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.