Betterment Everyday offerings include
Betterment Everyday Checking An FDIC-insured (up to $250,000) checking1 product that will have no account fees, overdraft fees, minimum balances or monthly maintenance fees. Checking also comes with the Betterment Visa Debit Card. Betterment will reimburse all ATM fees, offering users unlimited ATM access worldwide. Checking will be made available later this year, but consumers can sign up for the waitlist starting today to get early access.
Betterment Everyday Savings Available today, an FDIC-insured (up to $1 million) savings2 vehicle with an industry-leading 2.69% APY* on the entire balance, no minimum balance and no withdrawal limits.
The biggest challenge for Americans when it comes to their money is saving for the future, and unfortunately a majority of the traditional banks they depend on charge extra fees, encourage cash-holding and upsell unnecessary products. Right now, it's nearly impossible to find a banking solution that has its customers' best interests at heart, said Jon Stein, CEO of Betterment. Betterment Everyday is the solution to the longstanding industry problem. No matter where you are in your financial journey, Betterment lays the path for smart investing and now secure saving everyday.
Starting today, all consumers can sign up and use Betterment Everyday Savings, as well as join the waitlist for Betterment Everyday Checking. Checking capabilities, as well as other cash management features, will be rolled out over the coming months.
To learn more about Betterment Everyday visit https//www.betterment.com/everyday.