When I logged into my mint.com account there was a link to betterment. If you click it you can see the offer. I opened an account with them before so I'm not eligible for this.
A special offer just for Mint.com customers Bonus Offer + $25
when you open a Betterment account with $250 – Hide
The offer is valid only for new individual non-IRA accounts with Betterment. To qualify for the bonus, you must make an initial deposit of $250 within 90 days of signup and not withdraw that initial deposit for 90 days. Your participation is subject to the following terms and agreements: This promotion is not valid with any other offers and is non-transferrable. Offer available to U.S. Residents only. Betterment reserves the right to terminate this offer at any time, to limit account bonuses you are eligible to receive, and to refuse or recover any promotion award if Betterment determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided in opening the account, or that any terms of the Betterment Account Agreements have been violated.
What if I don't have $10,000 to invest and I can't deposit $100 per month?
The Betterment Builder account is marked by a commitment to growth, and requires automatic deposit of at least $100 per month. You still have complete access to your money and can withdraw at any time, without a penalty.
If you can't make a commitment to use auto-deposit for at least $100 per month, you'll be upgraded to the Better plan. Customers in the Better plan that do not have at least $10,000 in their account will pay $3 per month in lieu of the annual fee.
The $10,000 minimum is across all of your Betterment goals (including IRAs). The $100 per month auto deposit is also across all goals, and, can be set at any frequency (i.e., weekly, bi-weekly, monthly) as long as the monthly total is at least $100.
only to learn the $100 offer that had attracted me was no longer available. I did discuss their somewhat unique product there. Here is a general comment on their $25 offer which is apparently still available through various routes.
Although labeled a brokerage (which legally it is), the firm really offers a unique product which is a cheap way to hold a diversified, regularly rebalanced portfolio. They charge annual fees rather than commissions. On the $10,000 investment it is to be .25% per year (which is $25 per year, or $2.25 per month). Smaller accounts cost you $3.00 per month.
For the bonus hunter, the smaller $250 investment would appear to yield an extra 10% in value, which over 2 months is 60% per year. A slightly better way to look at it would be you get an extra $25, reduced by perhaps $6 in fees (I am figuring you will be there for 3 months, with the first month free). This reduces the profit to perhaps $19, and the annualized extra return to 30%.
However, for this small bonus the more relevant question is the return on your time, and it is only $19 for the work of opening the account, funding it, and closing it. This is not very high, unless you really need money, or do want to try out their rather unique service service.
Since that initial posting, it has become clear that they sensibly limit you to one bonus, which hopefully (for them) is enough to induce you to try out their service. I personally do expect to try them.
Disclaimer: By providing links to other sites, FatWallet.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to FatWallet.com.
Members of our community may attach files to a post in accordance with the User Agreement. FatWallet is not responsible for the content, accuracy, completeness or validity of any information contained in any attached file. Files have *not* been scanned for viruses. Be especially wary of Excel files which may contain malicious content.
Earn Cash Back while you shop - just 3 simple steps.
1. Sign Up so we know who to pay! (It's FREE.)
2. Shop through FatWallet for deals from your favorite stores. Your online purchases earn Cash Back that builds in your FatWallet account.
3. Get Paid by requesting a payment via check or PayPal.
FatWallet coupons help you save more when shopping online. Use our Coupons Search to browse coupons and offers from thousands of stores, gathered into one convenient location.
As part of our FatWallet Community, you can share deals with almost a million shoppers in our forums. Forum content is generated by consumers for consumers. Share deals, money-saving tips, and more. It's FREE, fun, and addicting.
Our customer experience team is here around the clock - real people ready to assist.