快三开奖走势图

<code id="izrdx"></code>
<code id="izrdx"><u id="izrdx"></u></code>
<var id="izrdx"></var>
  • <label id="izrdx"><legend id="izrdx"></legend></label>

  • <acronym id="izrdx"></acronym>
  • <var id="izrdx"></var>
  • <cite id="izrdx"></cite>
    <dl id="izrdx"><legend id="izrdx"><blockquote id="izrdx"></blockquote></legend></dl>

    Robo adviser Betterment launches checking account

    Register now

    Betterment, one of the original robo advisers, has rounded out its services with a checking account.

    The account lacks a full array of features that would give it a leg up over other checking accounts from full-service online banks. But the firm is hoping to win over its more than 500,000 existing customers across retail, 401(k) and adviser services, as well as new users that it believes would welcome the opportunity to consolidate and track more of their finances under one roof.

    Betterment Checking was opened to the general public on April 21. The account, insured by the Federal Deposit Insurance Corp., includes a contactless debit card, reimburses ATM and foreign transaction fees worldwide and allows the user to shift funds between Betterment banking and investing accounts.

    Mike Reust, CTO, Betterment
    "We’re going deeper into more immediate and day-to-day cash needs,” says Mike Reust, chief technology officer at Betterment.

    Funds in the checking account are held by nbkc bank in Kansas City, Mo. Betterment Checking is complemented by its savings product, Cash Reserve, a cash account that debuted in July 2019 and yields 0.3%. The savings funds are held at a number of participating program banks and eligible for federal deposit insurance of up to $1 million.

    “Betterment started as a new approach to long-term investing and achieving long-term goals, such as retirement or home purchases,” said Mike Reust, the company's chief technology officer. “We moved further into medium-term financial goals over time, then short-term, low-risk investing. With Cash Reserve and Betterment Checking, we’re going deeper into more immediate and day-to-day cash needs.”

    The firm is pursuing millennial professionals and their families with its new checking account. Currently, two-thirds of its retail customers are millennials. Reust described this audience as cash-flow positive with medium-to-high income. In his assessment, this segment cares more about avoiding fees than accessing their paychecks early (as lower-income consumers might) and is comfortable banking digitally.

    The account lacks features that are common among other checking products, such as remote check deposit. Other features in the works include joint checking accounts, physical checkbooks, a simplified presentation of transaction information and the ability to easily switch over accounts for direct deposit.

    “It’s tricky to decide when this is complete enough for generally available release,” Reust said. “Given feedback that we were seeing through beta, we felt we had a complete enough product to attract customers.”

    One component that was important for them to get right before public release was the ability to transfer money between Betterment’s bank and investment accounts, said Reust. The company has sensed less demand for remote check deposit.

    Customers holding both a checking and Cash Reserve account can let Betterment monitor their balances and automatically move funds back and forth between accounts. They can also customize this feature to dictate how much money they want Betterment to stash in the checking account at all times.

    Meanwhile, for its investing customers, Betterment has taken a few measures to assuage customer anxiety during the coronavirus pandemic, including posting short videos about interest rate drops and market volatility hosted by the company’s director of behavioral finance and investing. It also broadcast a public web seminar over Zoom where attendees could hear from Betterment’s certified financial planners and head of investing.

    For reprint and licensing requests for this article, click here.
    筠连| 满都拉| 海东| 广安| 眉山| 顺德| 满都拉| 象州| 高要| 乌鲁木齐| 渭南| 新巴尔虎左旗| 鄞州| 陈巴尔虎旗| 来安| 姜堰| 乌审召| 涡阳| 太原古交区| 翁牛特旗| 阳山| 克拉玛依| 务川| 遂川| 拜泉| 澜沧| 炎陵| 石屏| 都匀| 宿迁| 望都| 武川| 资溪| 长垣| 阜新| 黄陂| 恭城| 新蔡| 旅顺| 紫荆关| 莎车| 托勒| 朝城| 华阴| 白杨沟| 大武| 井陉| 彝良| 虎林| 广德| 乌什| 磐石| 武夷山| 索伦| 闽侯| 禹城| 龙岩| 宁南| 密云上甸子| 垦利| 阿拉山口| 鄱阳| 巫溪| 墨江| 宁都| 东台| 宁国| 余庆| 瓜州| 通辽| 安义| 巴林左旗| 黄平旧洲| 淅川| 门头沟| 横山| 浚县| 陈家镇| 双柏| 满都拉| 丽江| 昌乐| 林西| 临江| 正兰旗| 丰台| 平潭海峡大桥| 古蔺| 弥渡| 班戈| 喀喇沁旗| 柳州| 普兰| 镇源| 夏县| 肇庆| 灵台| 蚌埠| 乡宁| 和田| 洞头| 武定| 嘉义| 句容| 巴楚| 延吉| 潜江| 平潭海峡大桥| 祁东| 娄烦| 龙泉驿| 巴林左旗| 淮北| 密云| 灵石| 泽库| 灌南| 宁陵| 义乌| 舞阳| 莱芜| 杭锦后旗| 满城| 台北市| 莲花| 永春| 平塘| 紫阳| 龙海| 建平| 印江| 天池| 乌兰乌苏| 镇雄| 卓资| 满城| 红柳河| 杭锦旗| 青川| 汾西| 舍伯吐| 吴江| 正阳| 增城| 衢州| 新绛| 电白| 广元| 镇巴| 荣县| 张家口| 营口| 鄞州| 仪陇| 绥芬河| 围场| 安泽| 正阳| 屏南| 阳新| 淇县| 达坂城| 上饶县| 合浦| 库伦旗| 焉耆| 通化| 怒江| 河南| 武宣| 扬州| 中环| 奇台| 麻江| 阜康| 襄阳| 镇远| 澳门| 铜梁| 东乌珠穆沁旗| 望江| 庐江| 博爱| 和田| 昔阳| 新绛| 靖西| 揭阳| 桂平| 玛沁| 博白| 贵溪| 富锦| 垣曲| 西昌| 靖边| 仁怀| 香港| 渝北| 高雄| 杜蒙| 辽阳县| 浦口| 汝州| 蔡家湖| 海安| 武威| 甘南| 台江| 宝鸡县| 清涧| 甘洛| 宁晋| 平顶山| 巴仑台| 兴安| 介休| 于田| 长葛| 社旗| 同心| 南昌县| 科尔沁左翼中旗| 兴国| 沈丘| 吉兰太| 厦门| 普兰| 临县| 鲁甸| 庆阳| 册亨| 黄陵| 金溪| 台中| 都江堰| 淮安| 上饶| 九寨沟| 佳县| 略阳| 翁牛特旗| 定日| 岳普湖| 松溪| 中卫| 金华| 太湖| 平原| 行唐| 平远| 塔城| 番禺| 承德县| 固阳| 罗山| 连城| 德保| 突泉| 太白| 清丰| 偃师| 通州| 中心站| 沿河| 枞阳| 宜兴| 梁山| 徐家汇| 大余| 康乐| 涞水| 五华| 于田| 南雄| 莱州| 随州| 塔什库尔干| 莱西| 洪泽| 宁远| 小二沟| 册亨| 延寿| 石楼| 新县| 宁陵| 瓜州| 曲周| 兰坪| 遂川| 麦盖提| 五台山| 太仆寺旗| 高力板| 新龙| 杭锦后旗| 布拖| 呼伦贝尔| 宜春| 镇沅| 鸡东| 那仁宝力格| 美姑| 电白| 潮州| 青川| 徐闻| 景德镇| 彭州| 册亨| 河南| 松江| 象山| 乌鲁木齐牧试站| 乐平| 玛纳斯| 南皮| 将乐| 沧源| 济南| 商丘| 汇川| 台北市| 莎车| 靖远| 冷水滩| 微山| 衡水| 土默特左旗| 郏县| 麦盖提| 鸡公山| 铁卜加寺| 陇西| 绥滨| 台江| 宁陕| 峨山| 惠农| 永川| 新和| 全南| 川沙| 交口| 焉耆| 潢川| 合肥| 赣州| 镇海| 邵阳| 炎陵| 延津| 莱西| 武川| 昭平| 万载| 杨凌| 鲁甸| 德令哈| 库伦旗| 衡阳| 肥城| 岳池| 岗子| 平阴| 吴江| 会昌| 陆丰| 罗平| 宾阳| 胶南| 河间| 云阳| 希拉穆仁| 索伦| 南沙岛| 会东| 义乌| 保德| 安岳| 朔州| 甘孜| 新巴尔虎右旗| 凤山| 贡嘎| 霞浦| 硕龙| 乌拉盖| 安阳| 尤溪| 开平| 寻甸| 江安| 麻江| 武冈| 野牛沟| 临淄| 建平县| 新丰