Betterment provides your clients with cash management solutions that helps them spend and save confidently.
Cash Reserve: A High-Yield Cash Account
- A high-yield cash account
- Earn a variable rate
- FDIC insurance covering up to $1,000,000 at our program banks†
- Access your cash in 1-2 business days
- No limits on withdrawals
- No minimum balance
- No fees on the balance
Cash Reserve is provided by Betterment LLC, which is not a bank, and cash transfers to program banks are facilitated by Betterment Securities. Betterment LLC only receives compensation from our program banks, and we do not charge fees on your client's account.
Checking
- ATM fees are reimbursed worldwide‡
- No minimum balance
- No overdraft fees
- No maintenance fees
- FDIC insurance on up to $250,000
Checking will be provided by Betterment Financial LLC, in partnership with nbkc bank.