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.
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?
Table of Contents
New Customer Promotion – Up to $1,000
New customers who open any individual investing account can earn up to $1,000, depending on how much is deposited within the first 45 days.
| Amount deposited | Bonus |
|---|---|
| $1,000 – $6,999 | $50 |
| $7,000 – $19,999 | $125 |
| $20,000 – $74,999 | $150 |
| $75,000 – $124,999 | $300 |
| $125,000 – $174,999 | $500 |
| $175,000+ | $1,000 |
The deposit must be made within the first 45 days and remain in the account for three years. If you withdraw funds before the holding period, the bonus will be adjusted. For example, if you deposit $10,000, you’d receive a $125 bonus. If you withdraw $4,000 later, bringing your net deposit to $6,000, your bonus will be adjusted to $50. This means that $75 will be removed from your account.
Learn more about this promotion
(expires on 3/1/2025)
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 They no longer offer these bonus tiers, they are only listed for historical reference.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:
| Initial Deposit | Bonus |
|---|---|
| $250 | $25 |
| $1,000 | $100 |
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 This offer is no longer available and only listed for historical reference.
| Initial Deposit | Bonus |
|---|---|
| $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.
| Initial Deposit | Bonus |
|---|---|
| $10,000 – $99,999 | 1 Months Free |
| $100,000 – $499,999 | 2 Months Free |
| $500,000+ | 12 Months Free |
