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Updated September 29, 2026 · SumCue Editorial Team

Betterment Cash Reserve vs Finom

Betterment Cash Reserve scores 9.0 and Finom 8.9 out of 10. Compare their differences and shared features below.
Finom

Finom

8.9/10
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Betterment Cash Reserve

Betterment Cash Reserve

Higher score in this comparison

9.0/10
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Where Betterment Cash Reserve and Finom differ

Betterment Cash Reserve vs Finom
CompareBetterment Cash ReserveBetterment Cash ReserveReviewSee alternativesSee alternativesFinomFinomReviewVisitVisit
Headline rate3.5%5%Higher
Rate typeVariableFixed
Minimum deposit$10€0
Deposit protectionFDIC up to USD 250,000EU DGS up to EUR 100,000
Access termsCash Reserve: no minimum balance ($10 minimum deposit), unlimited withdrawals, sweep cash held at FDIC-insured program banks up to $8M (joint)Instant access, withdraw at any time with no withdrawal penalties
Monthly fee$0€0

Same on both: Account kind (Cash management).

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Key differences

  • Betterment Cash Reserve scores higher overall: 9.0 vs 8.9.
  • Founded is lower at Betterment Cash Reserve: 2008 vs 2019.
  • Finom is licensed in 1 more country.
  • Finom is available in 10 more countries.
  • Headline rate is higher at Finom: 5% vs 3.5%.
  • Support channels: only Betterment Cash Reserve offers Phone.
  • Support channels: only Finom offers Community.
  • Pricing model: only Finom offers Fixed rate.

Our verdict on each

Betterment Cash Reserve

Betterment Cash Reserve holds a cash management balance with no minimum, so it suits US savers who park spending money inside a wider investing platform rather than chasing a term deal. Entry starts at $10 and withdrawals are unlimited, but the variable rate means the headline figure can move with the market.

Read the full Betterment Cash Reserve review

Finom

Finom is a cash management account for a business audience that pays a fixed 5% headline with a monthly fee of €0 and instant access whenever cash is needed. It suits companies that hold euro reserves and want deposit protection of EU DGS up to EUR 100,000 without locking the money away.

Read the full Finom review

Score breakdown

Betterment Cash Reserve vs Finom
AreaBetterment Cash ReserveFinom
Cost8.9The monthly fee is $0 on a no monthly fee model, and the minimum deposit is $10.9.3HigherRunning costs stay light: €0 monthly fees on the cash management account, plus a minimum deposit of €0.
Offer9.5The 3.5% variable rate beats 3.29% at Wise and 3.01% at bunq.9.7HigherThe fixed 5% headline, cashback of up to 3% and instant access with no withdrawal penalties cover interest and reward.
Trust8.8Higher8.2

Positions in our rankings

Betterment Cash Reserve vs Finom
RankingBetterment Cash ReserveFinom
Savings416 of 14923 of 1492
Cash management accounts13 of 461 of 46

Choosing between them

Pick Betterment Cash Reserve if trust matter most.

Pick Finom if cost and headline rate matter most.

Licences and countries

Betterment Cash Reserve vs Finom
CountryBetterment Cash ReserveFinom
CyprusNot confirmed
NetherlandsNot confirmed
United States
SIPC SIPC member 51906
Not confirmed

Additional countries for Betterment Cash Reserve: 1. Additional countries for Finom: 11.

A third option

Plazo ES has headline rate at 24.19%, against 3.5% for Betterment Cash Reserve and 5% for Finom.

Plazo ES review

What we checked

Betterment Cash Reserve

  • betterment.com: 10 facts, checked September 26, 2026
  • en.wikipedia.org: 1 fact, checked September 26, 2026
  • sipc.org: 1 fact, checked September 26, 2026

Finom

  • finom.co: 12 facts, checked September 26, 2026

Every fact side by side

Betterment Cash Reserve vs Finom
FactBetterment Cash ReserveFinom
Pricing modelNo monthly feeNo monthly fee, Fixed rateCovers more
Legal entityMTG LLCPNL Fintech B.V.
HeadquartersUnited StatesNetherlands
Founded2008Lower2019
Support channelsPhone, Help centre, Email, ChatEmail, Chat, Help centre, Community

Credit cards

Betterment Cash Reserve vs Finom
FactBetterment Cash ReserveFinom
Rewards typeNot confirmedCashback
FeaturesNot confirmedRewards
Rewards rateNot confirmedup to 3%
AudienceNot confirmedBusiness

Where each stands against the rest

Betterment Cash Reserve vs Finom
FactBetterment Cash ReserveFinomMedian
Headline rate3.5%above the median5%above the median3.3%

Median across 710 listed providers.

Pros and cons

Betterment Cash Reserve

Pros

  • A deposit of $10 is the only entry barrier: no minimum balance and unlimited withdrawals once you are in.
  • Cash is swept across a network of FDIC-insured program banks, with FDIC up to USD 250,000 behind the deposits.
  • Licences cover the group: SEC (investment adviser), FINRA (broker-dealer, Betterment Securities) and SIPC member 51906.

Cons

  • A variable rate, so the income on 3.5% can fall when the market softens.
  • Built on US deposit protection, FDIC up to USD 250,000, so readers outside US gain less from it.
  • Finteres advertises a wider spread at 0% to 36%, which pulls headline shoppers elsewhere.

Finom

Pros

  • A fixed 5% headline, above bunq at 3.01% and Wise at 3.29%.
  • The cash management account carries a monthly fee of €0 and a minimum deposit of €0, so nothing is taken back out of the balance.
  • Instant access with no withdrawal penalties, so cash can move the same day it lands.

Cons

  • Support runs on email, chat and help centre only, so an urgent payment problem has no phone line to call.
  • The fixed 5% rate is set rather than linked, so it carries no upside if market rates climb further.
  • Deposit protection runs as EU DGS up to EUR 100,000, so a balance above that ceiling carries the risk itself.

Who each suits

Betterment Cash Reserve

Who it suits

  • Readers who already hold investments with Betterment, since the adviser and brokerage licences sit in the same group.
  • Anyone moving money in and out often, because the access terms allow unlimited withdrawals and no minimum balance.
  • Savers who want the headline rate near the top of the cash-management field, where the median is 3.46%.

Who should look elsewhere

  • Savers chasing the widest advertised range: Finteres lists 0% to 36%.
  • Readers hoping to beat 3.5% elsewhere: bunq pays 3.01% and Wise 3.29%, so neither improves on it.

Finom

Who it suits

  • Companies that keep euro working capital in one place and draw on it as invoices clear, on a fixed rate of 5%.
  • Business owners who care more about fees than flexibility, since the monthly charge is €0.
  • Firms that want deposit protection of EU DGS up to EUR 100,000 without giving up instant access.

Who should look elsewhere

  • Personal savers weighing bunq or Wise, because the account is built for a business audience rather than households.
  • Anyone who needs a phone line, since support runs on email, chat and help centre only while 80.2% of savings brands take calls.
  • Anyone holding more cash than the guarantee scheme covers, since protection runs as EU DGS up to EUR 100,000.

Current offers

Betterment Cash Reserve

Current offer

  • Bonus

    New customer offer: 0.75% APY boost on Cash Reserve (4.25% variable APY): 0.75% boost on balances up to $1M (3.50% base + boost = 4.25%)

    New clients with a qualifying deposit; earn more on savings up to $1M through February 15, 2027; $10 min deposit for base APY; base APY change moves boosted APY

    Source, checked September 26, 2026

  • Bonus

    Earn up to $2,000 investing offer: up to $2,000

    Open any individual investing account and make a deposit; terms apply

    Source, checked September 26, 2026

  • Discount code

    Rate partnership: discounted mortgage rate: up to 0.75% off

    Through Betterment's partnership with Rate

    Source, checked September 26, 2026

Finom

Current offer

  • Bonus

    Fixed 5% p.a. on EUR funds for the first 5 months: 5% p.a. fixed for 5 months on up to EUR 200,000

    Interest Account, new EUR funds; promo rate for the first 5 months, then standard rate from 0.5% to 2.25% p.a. depending on plan; up to EUR 200,000 held; market analysis dated March 2026; Aksys client agreement terms apply

    Source, checked September 26, 2026

  • Free trial

    30-day trial on paid plans: 30 days

    Paid Basic and Smart plans, excl. VAT; paid monthly or yearly

    Source, checked September 26, 2026

  • First period offer

    3 months for free for partners customers only: 3 months free

    Customers introduced through the Finom Partner Program

    Source, checked September 26, 2026

Country by country

Betterment Cash Reserve vs Finom
CountryBetterment Cash ReserveFinom
AustriaNoYes
BelgiumNoYes
CyprusNoYes
FranceNoYes
GermanyNoYes
IrelandNoYes
ItalyNoYes
NetherlandsNoYes

8 of 12 countries where either is available.

Questions about each

Betterment Cash Reserve

What rate does Betterment Cash Reserve pay?+

Cash Reserve pays a variable rate of 3.5%, so the figure follows the market instead of being locked in. Cash is swept to a network of FDIC-insured program banks rather than held by Betterment, and the rate is set by what those banks pass on. Wise at 3.29% gives a second reading.

What does it cost to keep money in Cash Reserve?+

There is no monthly charge: the fee is $0 and the pricing model is no monthly fee. Opening the account takes a deposit of $10. The group also holds an investment adviser registration with the SEC and a broker-dealer registration with FINRA, so the running costs stay at the floor and the rate is the thing to compare.

Finom

What interest rate does Finom pay?+

Finom pays a headline rate of 5% on its cash management account, and the rate is fixed. That figure is set rather than something that follows a base rate, so the headline shown is the rate the account pays for as long as it runs. Cashback of up to 3% adds a further stream of return on top of the interest.

Is there a monthly or annual fee?+

Monthly fees on the cash management account are €0, and the pricing model is a no monthly fee setup alongside a fixed rate. The interest is the return line and nothing further is taken from the balance, so a business holding a large euro float keeps the whole 5% headline.

Other options to compare

Finom

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Betterment Cash Reserve

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