Betterment vs. Fitness Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Betterment
Cash Reserve
3.50%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Betterment
Cash Reserve
Fitness Bank
Fitness Elite Checking & Fitness Savings Combo
4.75%APYDec 10, 2025FDIC InsuredChecking BundleLow MinimumsShow Fine Print & Trends Hide Details
Fitness Bank
Fitness Elite Checking & Fitness Savings Combo
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Betterment vs. Fitness Bank Savings Calculator
Fitness Bank earns $810.6 more than Betterment.
Betterment
Cash Reserve
Savings Breakdown
- Interest Earned+$2,114.10(10.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,114.10
Fitness Bank
Fitness Elite Checking & Fitness Savings Combo
Savings Breakdown
- Interest Earned+$2,924.70(14.0%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,924.70
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Betterment vs. Fitness Bank
Why Betterment?
- ✓Higher rated iOS app (4.8 vs 1.7)
- ✓Higher rated Android app (4.7 vs 0.0)
Why Fitness Bank?
- ✓Higher potential APY (4.45%-4.75% vs 3.50%) on all balances
- ✓Offers 2 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
Fitness BankFitness Bank's Fitness Elite Checking & Fitness Savings Combo earns more on smaller deposits (approx. $475 vs $350/yr).
Better Returns at $25,000
Fitness BankFitness Bank's Fitness Elite Checking & Fitness Savings Combo pulls ahead with larger amounts (approx. $1188 vs $875/yr).
Best for Simplicity
Fitness BankFitness Bank's Fitness Savings Account offers 4.45% APY with no bundling, direct deposit requirement or caps.
Best for All-in-One Banking
Fitness BankFitness Bank's Fitness Elite Checking & Fitness Savings Combo pays a superior APY for customers who also open a checking account.
Best Mobile App Experience
BettermentBetterment offers an iOS app rated 4.8 (vs. 1.7) and Android app rated 4.7 (vs. 0.0)
Shared Benefits
Over a 1-year period, Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pays $125 more interest on a $10,000 balance than Betterment's Cash Reserve.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Fitness Bank offers the highest APY of 4.75% with its Fitness Elite Checking & Fitness Savings Combo, which requires maintaining a $5,000 average balance and making 15 debit card transactions to earn this rate. Alternatively, the Fitness Savings Account provides a solid APY of 4.45% without any bundling or direct deposit requirements, making it a straightforward option. In contrast, Betterment's Cash Reserve has a competitive APY of 3.50% and is noted for its excellent mobile app experience, but it does not match Fitness Bank's offerings in terms of yield. Both banks operate online only.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
| Feature | Betterment | Fitness Bank |
|---|---|---|
| APY | 3.50% Verified: 12/10/2025 ↘︎ 0.50%90d Change | 4.75% Verified: 12/10/2025 Stable (90d) |
| Product Name | Cash Reserve | Fitness Elite Checking & Fitness Savings Combo |
| Minimum Deposit | $10 | $100 |
| Min. Balance for APY | $0 | $100 |
| Monthly Fee | $0 | $10. Waived for average daily balances > $100 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.8 Android4.7 | iOS1.7 Android0.0 |
| BBB Rating | A- | A+ |
| Important Notes | - | This is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Betterment | Fitness Bank | |
|---|---|---|---|
| Cash Reserve | Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account | |
Current APY | 3.50% | 4.75% | 4.45% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -6.0 | -4.0 | -1.6 |
Days Since Change | 39 | 98 | 98 |
9-Month High | 4.00% | 5.00% | 4.55% |
9-Month Low | 3.50% | 4.75% | 4.45% |
Adjustments / Mo | 0.22 | 0.22 | 0.22 |
Volatility Score | 0.052 | 0.024 | 0.010 |
How to read these metrics(Click to expand)
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