What is Betterment Cash Reserve?
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 your 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 account.
How can I sign up my client?
Ready to help your client save? If they don’t have an account with Betterment at all yet, go to your advisor dashboard to sign them up. It only takes a few minutes!
If your client already has a Betterment investing account, you can use the impersonation feature or the Add Account button to get them started with Cash Reserve.