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Betterment Cash Reserve Account: Earn Up to

5.5% APY
(Available to New Clients)
+47 Deal Score
86,305 Views
Betterment offers New Clients an Extra 0.75% APY Boost on top of the current standard Cash Reserve rate for the rest of the year with a qualifying deposit in a Cash Reserve Account.

Thanks to community member Teslo for finding this deal.
  • Fulfill the offer by clicking on the signup link on the Betterment website, opening an individual or joint Cash Reserve account, and then completing a deposit into the Cash Reserve account within 14 days of opening it (a "qualifying deposit"), inclusive of the required settlement time (typically 2-3 business days)
  • Your Cash Reserve rate will be increased by 0.75% on top of the current standard Cash Reserve rate of 4.50% > now 4.75% ("promotional rate") from the date of your initial deposit to your Cash Reserve account through December 31, 2023 (the "promotional period")
  • Cash Reserve APY is variable and only applies to Cash Reserve accounts
  • *See site for details

Editor's Notes & Price Research

Written by
  • About this deal:

Original Post

Written by
Edited July 30, 2023 at 06:06 PM by
NEW!!! Starting July 31st Standard APY is going up 4.75% that means whoever got in will get 5.5% APY after the boost!
Betterment 5.25% cash reserve account: https://www.betterment.com/affili...tner-offer
Open your first account and get an extra 0.75% APY for the rest of the year with a qualifying deposit. The current APY is 4.5% for existing customers. New customers get a 0.75% boost on top of that till Dec. 31, 2023. This means before the end of the year if their rate increases, whoever signs up now will get more than 5.25% APY.
Terms and Conditions
If you are a new Betterment client (i.e., you do not have an existing Betterment account), to qualify for an APY boost on your funds held in Betterment Cash Reserve, you must fulfill the offer by clicking on the signup link on the Betterment website, opening an individual or joint Cash Reserve account, and then completing a deposit into the Cash Reserve account within 14 days of opening it (a "qualifying deposit"), inclusive of the required settlement time (typically 2-3 business days).
If you make a qualifying deposit, your Cash Reserve rate will be increased by 0.75% on top of the current standard Cash Reserve rate of 4.50% ("promotional rate") from the date of your initial deposit to your Cash Reserve account through December 31, 2023 (the "promotional period"). Please note that the Cash Reserve APY is variable and only applies to Cash Reserve accounts or goals set to hold cash, not investments. At the end of the promotional period, your interest rate will return to the standard Cash Reserve rate at that time. APY is variable and is subject to change, including the boosted rate offered in this promotion. If you elect to exclude Cash Reserve deposits from one or more participating Program Banks, Betterment is unable to guarantee you will receive the promotional rate regardless of whether you have made a qualifying deposit.
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Created 07-16-2023 at 07:31 PM by Teslo
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Deal
Score
+47
86,305 Views
5.5% APY
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Featured Comments

But then you have to live in FL Wink
Better to get a Treasury at 5.4% with no state taxes.
Got the 26 wk.
You money is locked for 26 weeks.
I would prefer 5.25

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Joined Nov 2016
L1: Learner
> bubble2 12 Posts
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srikanth14369
07-17-2023 at 09:25 AM.
07-17-2023 at 09:25 AM.
What is a qualifying deposit?
1
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Joined Jun 2016
L5: Journeyman
> bubble2 778 Posts
152 Reputation
biskett
07-17-2023 at 10:25 AM.
07-17-2023 at 10:25 AM.
why no love for this?
6
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Joined May 2017
New User
> bubble2 16 Posts
10 Reputation
Edgar_Alan_Bro
07-17-2023 at 11:51 AM.
07-17-2023 at 11:51 AM.
What is a cash reserve? Can you pull money out or add money to it at any point without penalties?
1
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Joined May 2021
L5: Journeyman
> bubble2 939 Posts
54 Reputation
JollyReward108
07-17-2023 at 12:03 PM.
07-17-2023 at 12:03 PM.
Better to get a Treasury at 5.4% with no state taxes.
Got the 26 wk.
1
10
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Joined Sep 2007
L6: Expert
> bubble2 1,826 Posts
573 Reputation
ECartman
07-17-2023 at 12:31 PM.
07-17-2023 at 12:31 PM.
Quote from JollyReward108 :
Better to get a Treasury at 5.4% with no state taxes.
Got the 26 wk.
This is the way.
7
Reply
Joined Jul 2022
Techie_Review
> bubble2 507 Posts
131 Reputation
techie_review101
07-17-2023 at 12:46 PM.
07-17-2023 at 12:46 PM.
Quote from JollyReward108 :
Better to get a Treasury at 5.4% with no state taxes.
Got the 26 wk.
instructions please !
9
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Joined Dec 2018
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> bubble2 385 Posts
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Slickfriendly
07-17-2023 at 01:10 PM.

Our community has rated this post as helpful. If you agree, why not thank Slickfriendly

07-17-2023 at 01:10 PM.
Quote from JollyReward108 :
Better to get a Treasury at 5.4% with no state taxes.
Got the 26 wk.
You money is locked for 26 weeks.
I would prefer 5.25
2
8
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Joined Aug 2010
L9: Master
> bubble2 5,460 Posts
328 Reputation
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gamingdroid
07-17-2023 at 02:13 PM.
07-17-2023 at 02:13 PM.
Quote from JollyReward108 :
Better to get a Treasury at 5.4% with no state taxes.
Got the 26 wk.
I'm in Florida, so no state taxes on any interest! 😁
1
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Joined Dec 2013
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> bubble2 9,325 Posts
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doboy007
07-17-2023 at 02:19 PM.

Our community has rated this post as helpful. If you agree, why not thank doboy007

07-17-2023 at 02:19 PM.
Quote from gamingdroid :
I'm in Florida, so no state taxes on any interest! 😁
But then you have to live in FL Wink
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Joined Nov 2016
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> bubble2 3 Posts
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mrsniss
07-17-2023 at 02:38 PM.
07-17-2023 at 02:38 PM.
Quote from Edgar_Alan_Bro :
What is a cash reserve? Can you pull money out or add money to it at any point without penalties?

Yes to both.
1
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Joined Aug 2010
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> bubble2 5,460 Posts
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gamingdroid
07-17-2023 at 02:41 PM.
07-17-2023 at 02:41 PM.
Quote from doboy007 :
But then you have to live in FL
I love living in Florida. Beaches here are the most beautiful in the landlocked US. I do take care to avoid the Florida man though!
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