Betterment Cash Reserve High-Yield Account

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About Betterment High-Yield Savings

The Betterment Cash Reserve High-Yield Account from Betterment is one of the top-rated High-Yield Savings options evaluated on MoneyCompared, earning an overall product score of 9.4/10. Betterment is a pioneer in digital wealth management and cash management, offering the high-yield Betterment Cash Reserve (with up to $2M in FDIC insurance via program banks) alongside No-Fee Betterment Checking with worldwide ATM fee reimbursements.
Key highlights include 4.50% APY (Up to 5.00% New Client Boost), a fee structure of $0 Monthly Fee, and +0.50% APY promotional boost for new depositors.

Features

Annual Fee $0 Monthly Fee
Regular APR / Rate 4.50% APY (Up to 5.00% New Client Boost)
Intro Offer / Welcome Bonus +0.50% APY promotional boost for new depositors
Savings APY / AER Up to $2M FDIC coverage ($4M joint) across program banks
Minimum Deposit $10 Minimum Deposit
Foreign Transaction Fee $0 (None)
Deposit Insurance FDIC / NCUA Insured ($250k+)
Mobile App Rating 4.8 / 5.0
Overall Rating 9.4 / 10

About Product

  • Annual / Monthly Fee: $0 Monthly Fee
  • APR / APY Rate: 4.50% APY (Up to 5.00% New Client Boost)
  • Intro Offer / Bonus: +0.50% APY promotional boost for new depositors
  • Key Benefits: Up to $2M FDIC coverage ($4M joint) across program banks
  • Minimum Requirement: $10 Minimum Deposit
  • Institution: Betterment (New York, NY, USA)

Pros

  • Rate / APY / APR: 4.50% APY (Up to 5.00% New Client Boost)
  • Fee Structure: $0 Monthly Fee
  • Welcome Offer / Highlight: +0.50% APY promotional boost for new depositors
  • Key Perks: Up to $2M FDIC coverage ($4M joint) across program banks

Cons

  • Minimum Requirement: $10 Minimum Deposit
  • Subject to Betterment credit or account eligibility terms

Ready to check your rate for Betterment Cash Reserve High-Yield Account?

Visit the official Betterment website to view current terms, eligibility, and apply online.

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