Betterment Invest & Save Money 4+

Investments & Cash Accounts

Betterment

    • 4.8 • 52.1K Ratings
    • Free

iPhone Screenshots

Description

Get a 1% match on new contributions to an IRA (or 3% match with Betterment Premium).

Invest and save better with Betterment. Investing apps are a dime a dozen, right? So, you might be wondering why you should download this investing app. It’s simple: Betterment is a robo advisor built with technology that optimizes for you, creating a tailored experience that fits your needs whether you’re an investor-in-training or a stock market guru. Join the 900,000+ people who entrust us with over $50 billion.

As an independent digital investment advisor and fiduciary, Betterment is built to help you do what’s best for your money so you can live better. Get started in minutes with just $10 and no minimum balance. Keep track of your financial life across your short- and long-term savings goals with our easy-to-use app.

NEW CUSTOMERS EARN 5.00% VARIABLE APY* (as of 9/20/24) ON CASH
- Get an extra 0.50% APY* with qualifying deposit and over 10x** the national average.
- Protect your earnings with up to $2 million† in FDIC insurance at our program banks.
- Learn more at www.betterment.com/cash-portfolio

GET UP TO A 3% MATCH ON NEW CONTRIBUTIONS TO AN IRA
- 1% match for digital customers and a 3% match for Premium customers! Premium comes with access to a team of CFP professionals, a .25% Cash Reserve preferred rate boost, and more.
- Make saving for retirement easy with an IRA. We’ll match net Roth and traditional IRA contributions until December 30, 2024.
- Learn more at www.betterment.com/ira-and-401k

EXPERT-BUILT PORTFOLIOS TO HELP YOU WEATHER THE MARKET
- Customize your stock-and-bond risk level with recommendations from the pros.
- Choose one of our optimized, curated portfolios of ETFs, like Innovative Tech, Goldman Sachs Smart Beta, or socially responsible investing options: Broad, Social, or Climate Impact portfolios
- Looking for an all-bond strategy? Try our BlackRock Target Income portfolio or our Goldman Sachs Tax-Smart Bond portfolio to target higher yields while taking on less risk than stocks.

INVEST WITH TECH THAT OPTIMIZES FOR YOU
- Rebalance your portfolio and reinvest dividends automatically
- Limit your tax impact with automated tools, like tax-loss harvesting and tax coordination between accounts
- Set up recurring deposits on your preferred schedule
- Questions? We’ve got resources galore or ask our financial advisors!

KEEP MORE OF YOUR MONEY
- Invest with us for just $4/month, or pay an annual fee of 0.25% on your investing account balance when you:
- Have a total Betterment balance of $20,000 or more across investing and cash accounts you hold at Betterment, or
- Set up a recurring deposit(s) of $250/month or more into any account
- Upgrade to Premium for unlimited access to advisors at just .65% of your invested assets, a fraction of the cost compared with traditional advisors
- These are CERTIFIED FINANCIAL PLANNER™ professionals, salaried never commissioned, for a significantly lower management fee

TURN LIFE GOALS INTO MONEY GOALS
- Manage money for everyday spending and get cash back with Checking
- Save for that exercise bike, your next vacation, and more
- Go beyond your 401(k) with an IRA
- Use our projection tools to create a plan
- Calculate how to reach your target with our goal forecaster

SEE THE BIGGER PICTURE
- Get our all-in-one financial dashboard
- Connect outside accounts, see your net worth, and view your investment performance, all in one place

What’s New

Version 8.78.0

We discontinued our current crypto portfolio and launched a new Crypto ETF portfolio. This allows us to offer lower fees, exchange-traded funds over direct ownership, and manage risk exposure.

Ratings and Reviews

4.8 out of 5
52.1K Ratings

52.1K Ratings

kelseyrosewaldron ,

Beautiful update!

I love the update and the new logo so much I had to write a review 😍 I’ve been using Betterment for over 4 years for all my investing. I chose Betterment because of its ease of use, it’s automated guidance, and it’s low fees. I don’t know a ton about picking investments myself, and honestly I don’t want to spend my time researching or worrying about my investments. Betterment takes care of all of that for me! I just set up automatic deposits on the date of each paycheck, forget about it for a while, and watch my money grow over time 🤩

The sunrise update made me smile because the new logo is a representation of exactly how I feel about Betterment—the app truly is a part of guiding my life to a brighter future. After all, I am using Betterment to plan for retirement, so I could be using this app for the next 30-40 years!

Thanks, Betterment, for the update and for helping make my life easier and brighter ☀️

Andrew Ulm ,

Enjoy Betterment service. Could improve on capabilities though.

I really enjoy being a Betterment customer, lots of easy ways to manage money and transfer. Great services. Where I think they fall short is in two places: 1) There is no way to get physical cash into your account. Would love to close my other bank account but still need it to deposit cash then transfer to Betterment. Annoying. 2) When you get a check to deposit there is a very high chance your deposit will fail. This is a development problem on the app. 3 of my checks within the last 6m have simply failed because the app cannot consistently pick up the “For Mobile Deposit Only” text. No matter how clear you write it, spacing, etc, there’s a high probability that the deposit will fail cause the detection is subpar. Developers need to improve this. Annoying. Otherwise, keep making me money. I love the high interest rate savings account and easy ways to save for my kids’ college, but these minor annoyances are what keep me from giving Betterment a higher rating here. The inconveniences simply just get in the way, and I need a banking service that just works, and offers high self service opportunities. When I use them, I want them to work. Cheers!

PirateofPanjshir ,

Lost their way

I’m supremely disappointed that I chose Betterment as my investing platform. I chose Betterment because it seemed they were true to their core mission of helping regular people make smart and risk conscious decisions about their finances and preparing responsibly for their retirement. The tortoise method of winning the race. Their acquisition of Makara and partnership with Gemini are a defection of those core values that initially attracted me. There are plenty of existing places where people can speculate (gamble) with their own money. Betterment should have been better than that. It’s especially disappointing given their change to their fee scheme (which disproportionately impacts younger, smaller, earlier investors. This change adds insult to injury as Betterment is basically charging people more money to lose their money. To date I’ve seen a ~15% unrealized loss across my various buckets. While true that the loss is unrealized, the fees are not. I can lose money all on my own without Betterment’s help. Moreover, there’s no ‘advice’ to speak of, and I’m ineligible for their tax loss harvesting feature. Once the market recovers and I am at a place where I can liquidate my buckets without a 15% haircut, I’m out. Until then I’ll keep investing, but not a moment longer.

Developer Response ,

Hi there, thanks so much for the feedback. I'll pass this along to the appropriate teams for review. Please reach out to our support team at https://www.betterment.com/contact and we would be happy to further assist.

App Privacy

The developer, Betterment, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Used to Track You

The following data may be used to track you across apps and websites owned by other companies:

  • Contact Info
  • Identifiers
  • Usage Data

Data Linked to You

The following data may be collected and linked to your identity:

  • Financial Info
  • Location
  • Contact Info
  • User Content
  • Identifiers
  • Usage Data
  • Diagnostics

Privacy practices may vary, for example, based on the features you use or your age. Learn More

You Might Also Like

Juno - Buy Bitcoin & Litecoin
Finance
Spruce – Mobile banking
Finance
Coinme: Buy Bitcoin & Crypto
Finance
Coinmetro: Crypto Exchange
Finance
Wealthfront: Save and Invest
Finance
Lili - Small Business Finances
Finance