Betterment Invest & Save Money

Betterment

About this app

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 1M+ people who entrust us with over $65+ 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. With no minimum balance, you can get started with just $10 in minutes. Keep track of your financial life across your short- and long-term savings goals with our easy-to-use app.

NEW CUSTOMERS EARN 3.90% VARIABLE APY* (as of 12/12/25) ON CASH
- Get an extra 0.65% APY* with qualifying deposit—nearly 10x** the national average.
- Protect your earnings with up to $2 million in FDIC insurance at our program banks, subject to certain conditions. Betterment is not a bank.
- See program banks at www.betterment.com/cash-portfolio

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? You can browse our expert resources 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

Ratings and reviews

Overall the app is excellent and I would rate it 4 stars. The functionality is limited, but the features they have all work excellently. I'm taking off a star because I found a rare bug and there's no clear way to contact them to report it, either in the app or on their website. I got an email about a recurring deposit on Dec 5th and needed to skip it, so I clicked on the included link, but it skipped my deposit on the 12th, not the 5th. Fortunately I noticed, or I might have overdrawn.

I opened an account to make a bond account. I use another app for my stocks and wanted to give Betterment a go. So far the UI is a cluster. Very confusing. Support is absent. I might not be keeping my account open. They have an easy account set up process which would be good for new investors and older people. But once your account is open... Lacking.... And looking at their reviews from the last several years doesn't give me much hope that they care much about their users feedback.

Good app for investing and has one of the highest APY around for savings accounts. Also worth mentioning is the ATM fee reimbursement (which also applies to ATMs overseas). A few things could be better: they don't allow for automatic bill payments from savings account and you can't set up recurring transfers from savings to checking, which means you have to make sure you transfer money into checking before a bill goes through. Those are standard features on competing apps.

What’s new

New customers can earn 3.90% APY* with Cash Reserve. Terms apply.