{"slug":"betterment-refer-a-friend","institutionSlug":"betterment","category":"brokerage","product":"Refer a Friend","title":"Betterment: refer a friend","offerSlug":"betterment-automated-investing-referral-bonus","referrer":{"amount":150,"unit":"cash","display":"$150 or an APY boost","targeted":true},"referee":{"amount":null,"unit":"cash","display":"A 0.75% APY boost","targeted":true},"cap":{"perYear":5,"window":"calendar year","scope":"person"},"taxForm":"none published","taxNote":"Betterment names no tax form. It states it treats the sender investing bonus as interest earned by the receiving account for tax reporting purposes.","linkSource":"Sign in to Betterment and open the Rewards Center. Your actual offer is shown there rather than published.","channels":["Invite people you know personally","Required: disclose that you are compensated"],"requirement":"Fund a new account through your link","posts":"On or around the date of your friend's qualifying deposit.","status":"live","expiresOn":null,"verifiedOn":"2026-07-21","summary":"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.","finePrint":["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."],"ruleIds":["betterment-referral-sharing"],"programDomain":"betterment.com","programUrl":"https://www.betterment.com/referral-terms","sources":[{"label":"betterment.com referral terms","url":"https://www.betterment.com/referral-terms","checkedOn":"2026-07-21"},{"label":"betterment.com customer referral program help page","url":"https://www.betterment.com/help/customer-referral-program","checkedOn":"2026-07-21"}],"needsVerification":false}