Betterment vs. Wealthfront
Betterment edges out Wealthfront slightly at 4.00% vs 3.95% APY. On a $10,000 balance, the difference is just $3 per year, so other factors may matter more.
The Bottom Line
The Betterment and Wealthfront savings accounts are very similar. Choose Betterment if BBB rating matters to you.
| Metric | BettermentCash Reserve Aug 21, 2026 | WealthfrontCash Account Aug 21, 2026 |
|---|---|---|
| APY | 3.25% - 4.00% | 3.30% - 3.95% |
Est. Earnings | $5,000+$172 $10,000+$344 $25,000+$859 | $5,000+$173 $10,000+$346 $25,000+$866 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | - | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get the stated APY for 3 months, after which a lower APY applies. See terms at Wealthfront. |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android App | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily Compounding |
Prefer In-Person Banking?
Both of these institutions are online-only. If you need in-branch access, check out our list of savings accounts with brick-and-mortar locations.
Comparison Analysis
Comparing Betterment vs. Wealthfront
Executive Summary
A detailed summary for this comparison is being prepared. Check back soon.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Betterment?
No distinct advantages found vs Wealthfront.
Why Wealthfront?
No distinct advantages found vs Betterment.
Shared Benefits
Over a 1-year period (factoring in a 3-month promo), Wealthfront's Cash Account pays $3 more interest on a $10,000 balance than Betterment's Cash Reserve.
*Both calculations include their respective introductory promotional rates and subsequent standard rates.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Betterment vs. Wealthfront Savings Calculator
You earn $2.4 more with Wealthfront than Betterment on a $10,000 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+$345.10(3.3%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,345.10
Wealthfront
Cash Account
Savings Breakdown
- Interest Earned+$347.50(3.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,347.50
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $343 per year in interest.
Both Betterment and Wealthfront dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Betterment | Wealthfront |
|---|---|---|
| APY | 4.00% Range: 3.25% - 4.00% Verified: 8/21/2026 - | 3.95% Range: 3.30% - 3.95% Verified: 8/21/2026 - |
| Product Name | Cash Reserve | Cash Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | N/A | Daily |
| In-Branch Access | No | No |
| Account Type | Online Only | Online Only |
| Physical Branches | None | None |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | Yes | Yes |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A- | F |
| Important Notes | - | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get the stated APY for 3 months, after which a lower APY applies. See terms at Wealthfront. |
| Next Steps | Visit SiteVerify at Betterment Non-sponsored link to official site | Visit SiteVerify at Wealthfront Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Betterment |
|---|---|
| Cash Reserve | |
Current APY | 4.00% |
Trend | Stable |
Velocity (bps/mo) | 1.8 |
Days Since Change | 115 |
7-Month High | 4.00% |
7-Month Low | 3.90% |
Adjustments / Mo | 0.14 |
Volatility Score | 0.013 |
How to read these metrics(Click to expand)
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More Comparisons
Compare Betterment's APY of 4.00% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Betterment vs Ally Bank | 3.00% | $0 |
| Betterment vs American Express | 3.00% | $0 |
| Betterment vs Axos Bank | 4.21% | $0 |
| Betterment vs Barclays | 3.65% | $0 |
| Betterment vs Capital One | 3.50% | $0 |
| Betterment vs Chime | 3.75% | $0 |
| Betterment vs CIT Bank | 3.75% | $100 |
| Betterment vs EverBank | 3.90% | $0 |
| Betterment vs Marcus by Goldman Sachs | 3.40% | $0 |
| Betterment vs Newtek Bank | 4.20% | $100 |
| Betterment vs Openbank | 3.80% | $500 |
| Betterment vs Pibank | 4.10% | $0 |
| Betterment vs SoFi Bank | 3.80% | $0 |
| Betterment vs Synchrony Bank | 3.30% | $0 |
| Betterment vs Varo Bank | 3.75% | $0 |