The takeaway: The more you save, the more you earn
Betterment, the online investing adviser, offers an APY of up to 2.39% on its high-yield savings account if you join the waitlist for its checking account. You need a minimum deposit of $10 to open a Betterment Everyday Savings account, which has no monthly fees, allows unlimited transfers, and offers FDIC insurance up to $1 million. We did the math to find out how a $10 initial deposit would grow at the current interest rate if you contribute an additional $10, $100, or $1,000 a month.
Betterment, the online investing adviser, offers an APY of up to 2.39% on its high-yield savings account if you join the waitlist for its checking account. You need a minimum deposit of $10 to open a Betterment Everyday Savings account, which has no monthly fees, allows unlimited transfers, and offers FDIC insurance up to $1 million. We did the math to find out how a $10 initial deposit would grow at the current interest rate if you contribute an additional $10, $100, or $1,000 a month.
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