VaultRubric's sourced facts on Betterment Cash (as of 2026-10-12): standard APY 3.5% (source), ranked #8 (tied) of 18 accounts with a numeric standard APY in our data; $10 minimum to earn APY; $0 monthly fee; deposits Not a bank; program banks sweep up to $8,000,000; overall score 92.6% with 100% data coverage. This is a facts summary, not a recommendation to open an account.
Data as of · Last updated · By VaultRubric Research · How we score · Not investment advice.
VaultRubric's sourced facts on Betterment Cash (as of 2026-10-12): standard APY 3.5% (source), ranked #8 (tied) of 18 accounts with a numeric standard APY in our data; $10 minimum to earn APY; $0 monthly fee; deposits Not a bank; program banks sweep up to $8,000,000; overall score 92.6% with 100% data coverage. This is a facts summary, not a recommendation to open an account.
This page answers “Is Betterment Cash a good savings account?” using only data/finance_seed.json and VaultRubric's scored comparison (equal weights), as of 2026-10-12. “Good” here means how Betterment Cash compares on sourced APY, fees, minimums, FDIC insurance and regulatory record — not personalized advice. Rates change; verify on the bank’s site.
| Fact | Value | As of / source |
|---|---|---|
| Official page | savings account ↗ | verified 2026-10-12 |
| Standard APY | 3.5% | 2026-10-12 · official |
| Min balance for APY | $10 | 2026-09-21 |
| Monthly fee | $0 | 2026-10-10 |
| Deposit insurance | Not a bank; program banks sweep (up to $8,000,000) | 2026-10-10 |
| Regulatory actions (5y) | 1 in the last 5 years on record, most recent 2023-04-18 SEC: $9M penalty for tax-loss harvesting misstatements | 2026-10-11 |
| VaultRubric score | 92.6% (coverage 100%) | methodology |
Checked 2026-10-11: SEC, FINRA. No newer regulator actions found. A 2026 private class action over cash sweep is pending (allegations only, not counted).
Highest standard APY in our numeric set as of the dates on each row: EverBank at 4.2%. Betterment Cash is at 3.5% (#8 tied of 18). Full APY table: highest APY savings account.
Rates are variable. VaultRubric reports sourced facts and scores; it does not recommend opening or closing any account. Confirm APY, fees and terms on Betterment Cash’s official page before acting.
Betterment Cash: 3.5% standard APY as of 2026-10-12 (#8 tied of 18 in our data), $10 minimum and $0 monthly fee in our data, deposits Not a bank; program banks sweep up to $8,000,000, VaultRubric score 92.6% (100% coverage), 1 regulatory action(s) on record in 5 years. Facts only — not a recommendation.
In our sourced data, Betterment Cash’s standard APY is 3.5% as of 2026-10-12 (https://www.betterment.com/cash-reserve). Rates change; verify on the bank’s site.
Not a bank; program banks sweep, up to $8,000,000 per depositor per ownership category.
Betterment Cash scores 92.6% across high-yield savings options we track, with 100% data coverage (APY, minimums, fees, insurance, regulatory record). See /methodology and /compare/best-high-yield-savings-accounts.