Betterment: Spend, Save, Invest, and Retire Better

About Betterment: Spend, Save, Invest, and Retire Better

What do you want to do with your money? Whether you’re buying the week’s groceries, saving for a new kitchen, or investing for your golden years, you can do it all with the Betterment app. Spend, save, invest, and get advice to help reach your financial dreams.
Spend with ease
• No-fee‡ checking account + Visa debit card w/ATM fees reimbursed worldwide
• Great for: Hassle-free daily spending
Save for what matters
• High-yield cash account to earn more
• Great for: Saving for something soon, like a vacation or new bike
Invest for the future
• Optimized ETF portfolios and advice
• Great for: Investing for big ticket items, like a down payment or education
Retire your way
• Planning, advice and low-cost IRAs
• Great for: Retiring at 65 or 45, beach or city—whatever you want out of your golden years
‡Checking accounts and Betterment Visa Debit Card provided and issued by nbkc bank, Member FDIC. Funds in Checking eligible up to $250k FDIC insurance. Betterment Checking available through Betterment Financial LLC. Neither Betterment Financial LLC, nor any affiliates, is a bank. Betterment Financial LLC reimburses ATM fees and Visa® 1% foreign transaction fee everywhere Visa is accepted.
Cash Reserve (“CR”) offered by Betterment LLC. Clients of Betterment LLC participate in CR through their brokerage account held at Betterment Securities. Neither Betterment LLC nor any 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. CR provides Betterment clients with the opportunity to earn interest on cash intended to purchase securities through Betterment LLC and Betterment Securities. CR should not be viewed as a long-term investment option.
Funds held in brokerage accounts not FDIC‐insured but protected by SIPC. Funds in transit to or from Program Banks generally not FDIC‐insured but protected by SIPC except when held in a sweep account following a deposit or prior to a withdrawal, at which time funds are eligible for FDIC insurance but not protected by SIPC. See Betterment Client Agreements for details. Funds deposited into CR eligible up to $1M ($2M for joint accounts) of FDIC insurance once funds reach one or more Program Banks (up to $250,000 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 in a manner that will provide FDIC insurance above $1M (or $2M for joint accounts). The FDIC calculates the insurance limits based on all accounts held in the same insurable capacity at a bank, not just cash in CR. If clients elect to exclude one or more Program Banks from receiving deposits, the amount of FDIC insurance available through CR may be lower. Clients are responsible for monitoring total assets at each Program Bank, incl. existing deposits held at Program Banks outside of CR, to ensure FDIC insurance limits are not exceeded, which could result in some funds being uninsured. For more information on FDIC insurance please visit www.FDIC.gov. Deposits held in Program Banks not protected by SIPC. For more information see the terms and conditions and Betterment LLC's Form ADV Part II.
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. Involves risk and there is always the potential of losing money. Before investing, consider investment objectives and Betterment's fees 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 are for illustrative purposes only and not actual customer or model returns.