Betterment vs. Forbright 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
Forbright Bank
Growth Savings
4.00%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Forbright Bank
Growth Savings
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Betterment vs. Forbright Bank Savings Calculator
Forbright Bank earns $320.6 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
Forbright Bank
Growth Savings
Savings Breakdown
- Interest Earned+$2,434.70(11.9%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,434.70
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Betterment vs. Forbright Bank
Why Betterment?
No distinct advantages found vs Forbright Bank.
Why Forbright Bank?
- ✓Higher potential APY (3.65%-4.00% vs 3.50%) on all balances
- ✓Physical branch access (Locations in the Washington D.C. area (Maryland and Virginia))
- ✓Offers 3 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
Forbright BankForbright Bank's Growth Savings earns more on smaller deposits (approx. $400 vs $350/yr).
Better Returns at $25,000
Forbright BankForbright Bank's Growth Savings pulls ahead with larger amounts (approx. $1000 vs $875/yr).
Best for Simplicity
Forbright BankForbright Bank's Growth Savings offers 4.00% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Forbright Bank's Growth Savings pays $50 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
Forbright Bank offers the highest APY of 4.00% through its Growth Savings account, which is an online-only product with no minimum deposit or balance requirements and no maintenance fees. This account is ideal for those seeking simplicity, as it does not require direct deposit or bundling. In comparison, Betterment's Cash Reserve provides a lower APY of 3.50% but also has no minimum balance and no maintenance fees, making it a viable alternative for those looking for a straightforward savings option. However, Forbright Bank's Growth Savings stands out as the more rewarding choice.
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.
Top Market Contenders
See who beats both Betterment and Forbright Bank.
| Feature | Betterment | Forbright Bank |
|---|---|---|
| APY | 3.50% Verified: 12/10/2025 ↘︎ 0.50%90d Change | 4.00% Verified: 12/10/2025 ↘︎ 0.25%90d Change |
| Product Name | Cash Reserve | Growth Savings |
| Minimum Deposit | $10 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.8 Android4.7 | iOS4.8 Android4.6 |
| BBB Rating | A- | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Betterment | Forbright Bank | ||
|---|---|---|---|---|
| Cash Reserve | Sprout Savings | Bright Savings | Growth Savings | |
Current APY | 3.50% | 3.65% | 3.65% | 4.00% |
Trend | Stable | Stable | Stable | Stable |
Velocity (bps/mo) | -4.1 | -3.2 | -3.2 | -2.8 |
Days Since Change | 39 | 70 | 70 | 62 |
12-Month High | 4.25% | 3.90% | 3.90% | 4.60% |
12-Month Low | 3.50% | 3.65% | 3.65% | 4.00% |
Adjustments / Mo | 0.25 | 0.08 | 0.08 | 0.17 |
Volatility Score | 0.048 | 0.030 | 0.030 | 0.030 |
How to read these metrics(Click to expand)
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