
Betterment Promotions
Betterment is currently offering nine promotions. Read our in-depth review of Betterment to see why Betterment scored 4.1 stars out of 5. We like their no minimum investment, many customized portfolios, and automatically invest extra funds.
Get up to 1 Year Managed Free
New Betterment customers only. Accounts must be funded within 45 days of signup. Terms apply.
Get 1 Month Managed Free
Deposit $15,000 - $99,999 within 45 days and get 1 month managed free
Get 6 Months Managed Free
Deposit $100,000 - $249,999 within 45 days and get 6 months managed free
- FDIC insurance covering up to $1,000,000 at program banks
- Access cash in 1-2 business days
- No minimum balance
- No fees on balance
- Unlimited withdrawals
- ATM and foreign fees reimbursed
- No monthly maintenance fees
- No minimum balances
- FDIC-insured account up to $250,000
Betterment Cash Reserve - Earn up to 0.40% APY
Betterment Checking
Compare Promotions
Get Up to $3,500
The minimum qualifying deposit to receive a cash bonus is $10,000. Accounts will be reviewed 60 days after account opening to determine the total qualifying deposit. Corresponding cash bonus will be credited to the account within 10 business days. Once the bonus is credited to the account, the bonus and qualifying deposit (minus any trading losses) is not available for withdrawal for 300 days. If the qualifying deposit is withdrawn, the bonus may be revoked.
Deposit or Transfer | Cash Bonus |
---|---|
$10,000 - $24,999 | $50 |
$25,000 - $99,999 | $200 |
$100,000 - $249,999 | $300 |
$250,000 - $499,999 | $600 |
$500,000 - $999,999 | $1,200 |
$1,000,000 - $1,999,999 | $2,500 |
$2,000,000+ | $3,500 |
Frequently Asked Questions
Find answers to frequently asked questions about Betterment.
Is Betterment a good investment?
Betterment is a good option for beginners who aren't ready to invest on their own. It's also good for passive investors who don't want to manage their own portfolios. The 0.25% annual fee is reasonable and there is no minimum. But experienced investors could earn better returns by choosing their own investments.
Is my money safe with Betterment?
You retain full ownership of your assets. Even if Betterment were to go out of business, your investments are insured up to $500,000 per account type by the SIPC. Betterment also uses 256-bit SSL encryption to keep your data secure.
Is Betterment worth the cost?
Betterment's 0.25% annual fee is lower than traditional financial advisors. It could be worth it for new investors or if you want to be hands-off. However, if you know how to manage your own portfolio, the fee gets expensive on bigger balances. $100,000 balance costs $250 a year in fees.
How much should I put in Betterment?
Betterment has no minimum investment. All balances cost 0.25% in annual advisory fees at the basic tier. You can deposit as little or as much as you're comfortable with and still have access to benefits such as tax harvesting. If you have at least $100,000, you have the option to upgrade to the Betterment Premium Plan at 0.40% annual fee.
Can I take my money out of Betterment?
You can withdraw funds from Betterment at any time with no withdrawal fees. Withdrawals take about 4-5 days to complete. When you withdraw, your shares are sold off. Any profits will be considered taxable income. If you withdraw funds from an IRA account early, there will be a tax penalty.
Is Betterment better than Vanguard?
Betterment is better for new investors as it has no minimum to start. Vanguard Personal Advisor requires $50,000 minimum. However, the advantage of Vanguard is that you get actual human advisors managing your portfolio. The fees are comparable at 0.25% for Betterment and 0.30% for Vanguard.
Is Betterment better than Fidelity?
Both Betterment and Fidelity Go have a $0 minimum investment. However, Fidelity's annual advisory fee is higher at 0.35% (vs 0.25% for Betterment). Betterment offers more comprehensive services and accounts types. On the other hand, Fidelity has active human managers.
Highlights
0.25% for accounts under $100,000; 0.40% for accounts $100,000+
$0
No-Fee Checking
Yes
No
Yes
Yes ($100k minimum)
$14 Billion
Yes
Yes
Yes
Yes
Yes
Yes
Yes
No
Yes
Yes
Yes
Yes
Yes
Yes
Yes
No
- Pricing information from published website as of 04/04/2018
- For the complete terms and conditions, view the merchant's website. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. Please review the terms and conditions on the merchant's website.
More Information
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Betterment | Wealthfront | |
---|---|---|
Benefits and Features | ||
Annual Fee | 0.25% for accounts under $100,000; 0.40% for accounts $100,000+ | |
Minimum Deposit | ||
Phone Support | ||
Live Chat Support | ||
Email Support | ||
Human Advisors | ||
Robo Advisor | ![]() | ![]() |
Assets Under Management | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Online Platform | ||
iPhone App | ||
Android App | ||
Mobile App | ||
Single Stock Diversification | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
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Betterment: Pricing information from published website as of 04/04/2018 Wealthfront: Pricing information from published website as of 04/04/2018 |
Betterment Alternatives
Transfer Your Account and Earn Up to $2,500
Initiate your transfer of another brokerage account within 60 days of signing up for M1 to receive a bonus.
Transfer | Bonus |
---|---|
$100,000 – $250,000 | $250 |
$250,001 – $500,000 | $500 |
$500,001 – $1,000,000 | $1,000 |
$1,000,001+ | $2,500 |
Payments for eligible transfers will be paid 90 days after the account transfer is received. Offer is valid for direct broker transfers received through the Automated Customer Account Transfer Service (ACATS) only. Offer is not valid with ACH deposits, wire transfers or direct 401k rollovers.
Get Up to $3,500
The minimum qualifying deposit to receive a cash bonus is $10,000. Accounts will be reviewed 60 days after account opening to determine the total qualifying deposit. Corresponding cash bonus will be credited to the account within 10 business days. Once the bonus is credited to the account, the bonus and qualifying deposit (minus any trading losses) is not available for withdrawal for 300 days. If the qualifying deposit is withdrawn, the bonus may be revoked.
Deposit or Transfer | Cash Bonus |
---|---|
$10,000 - $24,999 | $50 |
$25,000 - $99,999 | $200 |
$100,000 - $249,999 | $300 |
$250,000 - $499,999 | $600 |
$500,000 - $999,999 | $1,200 |
$1,000,000 - $1,999,999 | $2,500 |
$2,000,000+ | $3,500 |