Betterment Everyday Checking accounts are on their way. This will be our newest cash management solution, and it will be available later this year. Clients can reserve a spot on the waitlist to get earlier access and receive updates.
ATM fees will be reimbursed‡ and the cash in your clients’ checking account will be covered up to $250,000 in FDIC insurance . Plus, there are no minimum balances, no maintenance fees, and no overdraft fees.
Cash Reserve is provided by Betterment LLC, which is not a bank, and cash transfers to program banks are facilitated by Betterment Securities. Checking will be provided by Betterment Financial LLC, in partnership with nbkc bank.