Betterment is one of the most popular robo-advisors out there and based on highest number of assets under management, one of the largest independent robo-advisors.
If you’ve been thinking about opening an account, you should take advantage of their promotions.
As a startup, they’re constantly tinkering and changing these promotions. This page will reflect the most up to date information on their special offers as well as include past inactive promotions so you have a sense of “how good” their active ones really are.
While these shouldn’t have a huge impact on your decision to invest with them, if you’re going to then you might as well snap up the best offer, right?
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These are Betterment’s active promotions, we keep this updated on a regular basis (Betterment emails me) and will typically have it updated within a day or two. I won’t let this page become one of those coupon sites where all the coupons are junk. These are fresh!
Here are their active promotions:
- Regular Brokerage Account – 1 month free with $15,000+ deposit, 12 months for $250k+
New Customer Promotions & Offers
New customers to Betterment can always take advantage of their new customer offers without the need of special coupon or promotion codes.
Regular Brokerage Account
You can get free investment management based on your deposits in the first 45 days. This is an expansion of their original offer, which was 1 month managed free with $10,000 or more deposit. You can now get up to 12 months free, based on the following schedule:
The lowest tier for getting the 1st Month Free was increased to $15,000 but the highest tier was lowered to $250,000:
|Net Deposit After 45 Days||Time Managed Free|
|$15,000+||1 Month Free|
|$100,000||6 Months Free|
|$250,000||12 Months Free|
Expired Betterment Promotions
These are options that Betterment offered in the past but are no longer available. I keep them here to give you an idea of what they’ve done in the past.
Regular Accounts [EXPIRED]
For regular brokerage accounts, Betterment has offered months of free service (so no fees) as well as cash based on initial deposit. They no longer offer these bonus tiers, they are only listed for historical reference. The terms typically required you to keep that money invested for 60 days.
Cash Bonus Offers:
SEP IRA Promotions [EXPIRED]
For SEP IRAs, you could get up to 12 months free based on your first deposit. This offer is no longer available and only listed for historical reference.
|$25,000 – $99,999||4 Months Free|
|$100,000 – $499,999||6 Months Free|
|$500,000+||12 Months Free|
401(k) and Retirement Account Rollover Promotions (Expired)
Roll over your retirement account (401k, IRAs) to Betterment and you could get up to 12 months free based on your first deposit. This offer is no longer available and only listed for historical reference.
|$10,000 – $99,999||1 Months Free|
|$100,000 – $499,999||2 Months Free|
|$500,000+||12 Months Free|