Betterment review
About Betterment
Manage your finances with Betterment. It is a product of the company of the same name, which has a good reputation and greatly values it. The firm manages over $30 billion in assets. Such a prominent figure indicates the trust of customers and the company's reliability. The latter has only experienced employees on its staff. Each of them has certain qualities that help the company grow and develop. In addition, the company provides much information about itself and its leaders, which further increases its credibility. Thanks to this approach to work, Betterment recently overcame the figure of 700,000 customers.
The application itself is pretty exciting and unusual. It is suitable for almost everyone, as it is easy to manage and convenient. Betterment successfully implements various additional tools that improve the experience and empower users. Already, many people call such additions the main advantage of the application.
Unlike most competitors, Betterment offers its customers three tariff plans with very different conditions. All of them are free of charge, but they involve the payment of a certain fee, calculated depending on the value of the user's assets. For everyday use, the “Cash” tariff is best suited. It does not provide for costs and is available to people with any amount in their accounts. For people who invest in various industries, the Investing plan is suitable. It can be used even with $1 in the report, but the user will be charged 0.25% of the fee at the end of each year. For everyone who prefers owning a cryptocurrency, the Crypto tariff is suitable. For it, you will have to pay 1% of the fee annually and spend money on trading costs.
Key features
Most investment applications are designed for ordinary users. In this regard, people can carry out only a few complex m. Despite all the simplicity, you need to follow the standard procedure, which consists of 8 steps.
Step-by-step instruction:
- First of all, go to the official website of Betterment.
- On any of its pages, click on "Get started.»
- Wait a few seconds for your IP address to be authenticated.
- After that, a registration page will open for you, consisting of 5 tabs. It will be possible to go to each of them only after the correct filling of the previous one. You will have to specify a lot of information, so you must prepare in advance for certain time costs.
- Confirm registration and enter your account. If you will use the mobile application, download it for free and install it on your device.
- Please choose one of the tariffs and confirm that you have read its terms.
- The next step is to add your accounts.
- Adapt the application to your needs (choose the necessary settings), and then start using it.
In the second half of our Betterment review, I would like to dwell on some essential application features. This knowledge will help avoid operating problems and teach valuable things for further cooperation with the development company.
Main features:
| Support | For the convenience of customers, Betterment has created a so-called "Help center.» There you can find many answers to popular questions and read information about the application itself. If you need to contact the support service directly, it is recommended to do this by phone or e-mail. It works exclusively on weekdays and is available for 9 hours a day. The work of this service cannot be called operational, as many users wait several days for answers to their e-mail requests. |
| Mobile version | If you are used to constantly traveling or being on the move 24 hours a day, then the mobile version of the application will come in handy. It is no different from a computer one, so switching from one to another will go unnoticed. The app is free to download for iOS and Android devices. It will not take even a minute of time and will not take up much space in the gadget's memory. |
| Safety | Betterment is taking unprecedented action to protect accounts. All of them are aimed at protecting the personal data of users. Seven different protection methods are used for these purposes, each of which reduces the likelihood of an account being hacked. Such actions are not a waste of time, as there were no customer complaints. |
| Educational content | The developers of the application offer everyone to use high-quality educational materials. They will teach you how to properly manage the available money and skillfully invest it in various assets. Such information is available even without registration on the official web resource so everyone can use it. |
Advantages and disadvantages
Betterment's product gets a lot of good reviews. They are based on many benefits, a list of which we want to provide you. Where there are pros, there are bound to be cons. Betterment has few of them, but everyone needs to know about their existence.
| Pros | Cons |
|---|---|
| • Reliable developer | • Lack of efficiency in the actions of the support service |
| • Application popularity | |
| • A large number of clients | |
| • The simplicity of operation | |
| • Availability of additional tools | |
| • Variety of tariffs | |
| • The possibility of using with a minimum on the account | |
| • Mobile version | |
| • Many ways to contact developers | |
| • Availability of a customer assistance center |
Only specially trained people and clients of companies offering various investment applications can competently manage finances. If you belong to the second category, then take a closer look at Betterment. It simplifies the work and increases the efficiency of control over your funds.
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