Betterment pays a $150 investing bonus or a three month APY boost, and which one you are offered is shown in your own Rewards Center rather than published. The cap is five sender rewards a calendar year, but a second and separate clock governs when you become eligible for further referral promotions at all, and the two are easy to read as one.
How you get your link
Sign in to Betterment and open the Rewards Center. Your actual offer is shown there rather than published.
- Invite people you know personally
- Required: disclose that you are compensated
What the person you refer gets
A 0.75% APY boost, and this figure varies by account too. They must fund a new account through your link.
The cap, exactly
Betterment caps this at 5 per calendar year, per person. The limit follows you, not the card, so holding more than one eligible card does not multiply it. At the top of the published range that is $750 a calendar year.
Tax treatment
Betterment names no tax form. It states it treats the sender investing bonus as interest earned by the receiving account for tax reporting purposes. The tax falls on the person doing the referring, not the person referred. This is reference information, not tax advice.
Where you may share this link
Betterment's own terms restrict sharing to people you know personally. Posting your link on a public site or forum can forfeit the referral bonus, and Dealaka does not host links for this program.
When it pays
On or around the date of your friend's qualifying deposit.
The fine print that matters
- The reward is stated as an investing bonus and an APY boost together or separately, and the offer that applies to you is behind login.
- Two different windows apply. Five sender rewards per calendar year is one. The other is that after filling five referrals you are not eligible for further referral promotions until the first day of the month beginning after 365 days from the end of your earliest active offer.
- Betterment names no tax form. It treats the sender investing bonus as interest earned by the receiving account.
- Betterment requires you to disclose that you are a client and are compensated if the new account is funded.
- Betterment is a registered investment adviser and frames referrals as testimonial advertising, which is why the disclosure is not optional.
Sources: betterment.com referral terms (checked Jul 21, 2026) · betterment.com customer referral program help page (checked Jul 21, 2026)
Dealaka does not host referral links for this program and takes no share of any referral reward. This page describes the terms Betterment publishes. Something wrong? Send a tip.