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C
C (@guest_1358959)
April 5, 2022 14:09

Just a PSA for those considering Betterment and might come across this (I know it’s an old post, but doesn’t seem like Betterment has been up to much lately).

I opened the account and had to fight tooth and nail for the bonus, which I did eventually get.

However, the main concern with this fintech company (and likely other pseudo-banks, admittedly) is that they don’t actually know or care about doing basic bank things.

They have had a large sum of my money tied up with them in a black hole – a transfer that has withdrawn the funds but never deposited them – for going on 2 weeks. I have reason to believe, after a CS meltdown, that this will be finished at the 2-week mark. But to spare you a long story, their cluelessness borders on criminality, and I would not have a lot of faith in keeping your money with them.

I had tried them because they are the only bank I have that could transfer to Citi business; in addition, I had been interested in using them for international withdrawals, which are supposed to be free. After this eye-opening experience, I will be closing as soon as I can get my hands on my money again.

Art
Art (@guest_1240984)
August 18, 2021 15:29

For anyone who opened the checking account with this deal, the account came with a debit card which has a rewards program via Dosh. Card is a Visa Debit Card. This card has the standard Dosh Costco sign up offer $10 for Goldstar $20 for Goldstar Executive. Card can also be used for renewal of Costco memberships.

L
L (@guest_1287031)
November 22, 2021 06:34

Thanks

Wayne
Wayne (@guest_1193731)
May 20, 2021 07:32

Finally received $75.00 via PayPal

Steven B
Steven B (@guest_1193365)
May 19, 2021 14:56

This is the easiest account I have ever closed. Just 2 clicks and away ya go.

Tony
Tony (@guest_1198080)
May 30, 2021 10:49

Steven B,
I have no idea where (?) those 2 clicks are. Can’t find them
I unfortunately have the original $1 in my checking (I transferred $1 in, from a bank account since closed)
Anyone know how to close Betterment checking

Kimberly
Kimberly (@guest_1242409)
August 20, 2021 20:34

Settings–>Accounts–>click the three dots on the right side and click close account (after you have already 0’ed your account). Very easy!

Morris
Morris (@guest_1592468)
April 6, 2023 09:18

Thank you for your comment, I had a hard time figuring out how to close the account!

Tony
Tony (@guest_1191979)
May 15, 2021 22:38

I’m in my Checking with $1 balance (bank account where $1 originally came from is closed by now). How to close?

jd
jd (@guest_1191999)
May 16, 2021 00:56

pull from another account or link a new one

DP
DP (@guest_1193300)
May 19, 2021 11:59

use debit card to reload amazon gift card and done

Bob
Bob (@guest_1191942)
May 15, 2021 19:56

My money just showed up in my PayPal account

Matt D.
Matt D. (@guest_1191922)
May 15, 2021 17:58

Anyone get there Rakuten payment on today the 15th?

007
007 (@guest_1191923)
May 15, 2021 18:02

Yes. Note: I asked for check due to upcoming changes to PayPal tax reporting so just received the email re check mailed.

AllenW
AllenW (@guest_1191966)
May 15, 2021 21:50

I thought that goes into effect next year. New this year, but doesn’t apply for this year.

007
007 (@guest_1191984)
May 15, 2021 23:27

Yes. I just changed it not to forget and also it was easier than figuring out whether, in fact, somehow everyone was mistaken (ie reading text of law just in case).

Matt D.
Matt D. (@guest_1191951)
May 15, 2021 20:41

Just received the paypal today nice deal! Thanks DoC!

AllenW
AllenW (@guest_1191963)
May 15, 2021 21:43

After a battle with Rakuten both P1&2 bonus paid. Time to close betterment.

Bob
Bob (@guest_1191828)
May 15, 2021 11:24

Has anyone gotten their money? I’m still waiting…..

Junliang Zhou
Junliang Zhou (@guest_1191825)
May 15, 2021 11:06

They’ll notice tons of accounts are gonna be closed today…

jx
jx (@guest_1188072)
May 8, 2021 13:47

Should I wait for the 12,750 pts to be transferred then close it?