Available nationwide, Betterment Cash Reserve is offering 4.00% APY when you open a Savings account. Continue reading to learn everything you need to know about Betterment Cash Reserve!
Update 1/3/25: The rate has decreased to 4.00% APY (from 4.25%).
About Betterment Cash Reserve
Betterment Cash Reserve was established not too long ago in 2010. Today, with billions under management and hundreds of thousands of happy customers, Betterment is the largest independent robo-advisor. Their mission is to help their customers maximize their money.
I’ll review Betterment Cash Reserve account below.
| Balance Requirement | APY Rate |
| None | 4.00% APY |
Betterment Cash Reserve Savings Rate
To earn this competitive rate, simply have an opening deposit of $10. That’s all it takes and you’ll get to enjoy earning a high rate with no minimum balance required.
- Account Type: Savings
- Interest Rate: 4.00% APY
- Availability: Nationwide
- Credit Inquiry: Unknown, let us know
- Opening Deposit: $10
- Credit Card Funding: None
- Monthly Fee: None
- Early Termination Fee: None listed
(FDIC Insured)
Betterment Everyday Cash Reserve ACH Capabilities & Limits
| ACH Type | Speed | Daily $ Limit | Monthly $ Limit | Notes |
| Push | ? | ? | ? | |
| Pull | ? | ? | ? |
Editor’s Note: Help us with the table above in the comment section if you have experience with Betterment Everyday Cash Reserve’s ACH capabilities.
How to Earn Betterment Everyday Cash Reserve Rate
- Open a Savings account from Betterment Everyday Cash Reserve with an opening deposit of $10.
- Earn 4.00% APY on any balance
Why You Should Sign Up For This Account
- No fees on account balance
- No overdraft fees
- ATM fees are reimbursed
- No minimum balance requirement
- FDIC Insured
Bottom Line
Check out this offer from Betterment Everyday Cash Reserve for a rate that doesn’t require a minimum balance. It takes just minutes online, so open an account today! Let us know your experiences with this bank by commenting below.
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Check back often to see the latest info on Betterment Everyday Cash Reserve Savings account.
I linked all my external bank accounts to Betterment, but I coulnd’t transfer money into the Betterment Everyday Savings account, the web page kept saving adding duplicate accounts, but none of my accounts showed up. I tried to close the account and delete my Betterment account, but there is no way to do that without contacting customer support and mailing documents. Extremely difficult to close account and delete my personal information from them, even though their service was completely useless to me. Highly recommend Wealthfront over Betterment for robo investment.