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Minimum Deposit

USD 10.0

Fees & Caveats

  • APY is variable
  • A $10 minimum deposit is required to earn interest
  • Betterment is not a bank; Cash Reserve requires a Betterment Securities brokerage account
  • Funds in transit to or from Program Banks are generally not FDIC-insured but are covered by SIPC
  • No branch or ATM access
  • Does not come with a debit card

Additional Information

  • New customers may receive a 0.65% APY boost for 3 months with a qualifying deposit, bringing the rate to 3.90%. An additional 0.75% APY boost is available for referring a friend.
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Historical APY

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FAQ's

  • What is the interest rate on Betterment Cash Reserve savings account?

    The interest rate on Betterment Cash Reserve is 3.25% as of Sun Jun 28 2026.

  • Is the Betterment Cash Reserve savings account safe?

    Betterment Cash Reserve is FDIC insured. This means that your money is insured up to $250,000 by the United States government.

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