Summary: Betterment lowers Cash Reserve APY

Why It Matters: This change directly impacts how much money customers can earn on their savings.

What Changed:

• The high-yield cash APY was lowered from 4.00% to 3.75%.
• The new customer offer APY was lowered from 4.65% to 4.40%.
• The date for the national average savings account APY was updated from July 21, 2025, to September 15, 2025.
• The date for the variable APY was updated from December 27, 2024, to September 23, 2025.
• A new disclosure was added about Premium account APY boost.
• A new disclosure was added about tax savings calculations.
• A new disclosure was added about checking accounts and FDIC insurance.
• The link for "IRAs Save for retirement with a tax-advantaged traditional, Roth, or SEP IRA" under the "Invest" section changed from /ira-accounts to /ira-and-401k.
• The link for "IRAs Save for retirement with a tax-advantaged traditional, Roth, or SEP IRA" under the "Retirement" section changed from /ira-accounts to /ira-and-401k.
• The "Nerdwallet" award date changed from Aug-Oct '25 to Aug-Oct '24.
• The "App Store" link changed from /id393156562 to /id393156562.
• The "Boost your savings" section now says "over 9x the national average" instead of "nearly 11x the national average".
• The "Earn up to 4.65% (variable) APY" banner changed to "Earn up to 4.40% (variable) APY".
• A "Skip to footer" link was added.
• A "Skip to top navigation menu" link was added.