Betterment vs. MutualOne Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | BettermentCash Reserve Jan 7, 2026 | MutualOne BankMo Premium Savings Jan 7, 2026 |
|---|---|---|
| APY | 3.25% | 4.07% |
Est. Earnings | $5,000+$163 $10,000+$325 $25,000+$813 | $5,000+$0 $10,000+$0 $25,000+$1,018 |
Min Deposit | $10 | $20,000 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android App | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Betterment vs. MutualOne Bank
As of Betterment offers an APY of 3.25% for its Cash Reserve account, with a minimum balance of $0, compared to MutualOne Bank's 4.07% APY for its Mo Premium Savings account, with a minimum balance of $20,000.
MutualOne Bank pays $82 more than Betterment on a $10,000 balance after one year. Betterment pays $325, while MutualOne Bank pays $407 - an APY advantage for MutualOne Bank.
In addition, MutualOne Bank also offers 0.40% APY for the Online Savings account, with a minimum balance of 0.
Why Betterment?
No distinct advantages found vs MutualOne Bank.
Why MutualOne Bank?
- ✓Higher potential APY (4.07% vs 3.25%)
- ✓Physical branch access (Full-service banking offices in Framingham, MA, and Natick, MA)
- ✓Fast transfers via Zelle®
— Key Feature Differences —
Better Returns at $10,000
BettermentBetterment's Cash Reserve earns more on smaller deposits (approx. $325 vs $0/yr).
Better Returns at $25,000
MutualOne BankMutualOne Bank's Mo Premium Savings pulls ahead with larger amounts (approx. $1018 vs $813/yr).
Best for Simplicity
MutualOne BankMutualOne Bank's Mo Premium Savings offers 4.07% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, MutualOne Bank's Mo Premium Savings pays $82 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 as of
MutualOne Bank offers the superior Mo Premium Savings account, providing a competitive APY of 4.07%, making it ideal for larger deposits starting at $20,000. This account has no maintenance fees or direct deposit requirements, enhancing its appeal for simplicity. In contrast, Betterment's Cash Reserve yields a lower APY of 3.25% but allows for a much smaller minimum deposit of just $10, making it accessible for those with limited funds. Both banks provide FDIC insurance and operate online, but MutualOne Bank stands out as the winner based on higher returns for eligible deposits.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Betterment vs. MutualOne Bank Savings Calculator
You earn $164 more with MutualOne Bank than Betterment on a $20,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Betterment
Cash Reserve
Savings Breakdown
- Interest Earned+$650.00(3.1%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,650.00
MutualOne Bank
Mo Premium Savings
Savings Breakdown
- Interest Earned+$814.00(3.9%)
- Total Contributions$0
- Initial Deposit$20,000
Projected Balance
$20,814.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Betterment | MutualOne Bank |
|---|---|---|
| APY | 3.25% Verified: 1/7/2026 ↘︎ 0.50%90d Change | 4.07% Verified: 1/7/2026 Stable (90d) |
| Product Name | Cash Reserve | Mo Premium Savings |
| Minimum Deposit | $10 | $20,000 |
| Min. Balance for APY | $0 | $20,000 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.8 Android4.7 | iOS4.9 Android4.4 |
| Zelle® Support | Not Supported | Available Verified via website and app descriptions. |
| BBB Rating | A- | A+ |
| Next Steps | Visit SiteVerify at Betterment Non-sponsored link to official site | Visit SiteVerify at MutualOne Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Betterment | MutualOne Bank | |
|---|---|---|---|
| Cash Reserve | Online Savings | Mo Premium Savings | |
Current APY | 3.25% | 0.40% | 4.07% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -19.2 | 0.0 | -0.0 |
Days Since Change | 25 | 114 | 114 |
4-Month High | 4.00% | 0.40% | 4.07% |
4-Month Low | 3.25% | 0.40% | 4.07% |
Adjustments / Mo | 0.77 | 0.00 | 0.00 |
Volatility Score | 0.062 | 0.000 | 0.000 |
How to read these metrics(Click to expand)
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