Posted byon June 3, 2011
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Betterment is offering a $25 sign up bonus for 5 minutes of your time.
Betterment account details. Details of the Betterment investment account include:
What exactly is Betterment? Betterment is a personal investment account that will invest based on a stock/bond asset allocation you select when you sign up. Betterment uses ETFs to achieve the allocation and will make the trades for you.
How does Betterment make money? Betterment‘s fee is a straightforward 0.3% to 0.9% depending on your balance. If you open an account for the bonus with $250, the fee is 0.9% annually.
A note from Madison: I signed up to see if the 5 minute claim was right…. and they were, it only took me 4 minutes to sign up! In addition, my $25 bonus was credited immediately after I verified my bank account (even before the $250 transferred).