Betterment Cash Reserve vs Wealthfront Cash Account
Side by side on the numbers that decide it. The money8020 Score already weighs these — this is the receipts.
money8020 pick B Betterment Cash Reserve Betterment 94/100 | W Wealthfront Cash Account Wealthfront 93/100 | |
|---|---|---|
| Tier | Essential | Essential |
| APY | 3.25% | 3.30% |
| Monthly fee | $0 | $0 |
| FDIC coverage | Via program banks | Up to $8M |
| Protection | FDIC (program banks) | $0 |
| Annual fee | — | — |
| Best for | Investors who want a high yield on cash next to their brokerage | Savers with large balances who want coverage above $250k |
| View profile | View profile |
Which should you choose: the Betterment Cash Reserve or the Wealthfront Cash Account?
The Betterment Cash Reserve is the stronger pick of the two, with a money8020 score of 94/100 versus 93. Choose the Wealthfront Cash Account instead if savers with large balances who want coverage above $250k.
On aPY, the Betterment Cash Reserve shows 3.25% versus the Wealthfront Cash Account's 3.30%. On fDIC coverage, the Betterment Cash Reserve shows Via program banks versus the Wealthfront Cash Account's Up to $8M. On protection, the Betterment Cash Reserve shows FDIC (program banks) versus the Wealthfront Cash Account's $0. Both figures are reflected in the money8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
Betterment Cash Reserve vs Wealthfront Cash Account: FAQ
Is the Betterment Cash Reserve or the Wealthfront Cash Account better?
By our scoring, the Betterment Cash Reserve edges ahead with a money8020 score of 94/100 versus 93. The Wealthfront Cash Account can still be the better fit if savers with large balances who want coverage above $250k.
What is the main difference between the Betterment Cash Reserve and the Wealthfront Cash Account?
On aPY, the Betterment Cash Reserve offers 3.25% while the Wealthfront Cash Account offers 3.30%. Review the full table above and confirm current terms with each provider. This is not financial advice.