Betterment Investments is giving thanks to current customers by boosting its cash bonus offer to $50 for referring friends to Betterment.com. Additionally, your friend will receive a bonus of $25 for opening a new account. Everyone wins with this program – you receive $50 and your friend will receive $25.
This is an easy way to introduce your friend to a new investment program and build a referral network to keep earning a $50 bonus for each friend you refer. Do not waste time, the referral bonus drops back to $10 in December.
Earlier I wrote about Betterment Investment for their simple approach of combining an online bank account with investing in stocks and bonds.
They recently added a cool new sub-account feature to help you with your goals. Their 9/26/2011 blog post on establishing multiple goals is a good overview of this awesome feature:
Got Goals? We’ll Help you Reach Them
Now you can set up multiple goals in your Betterment account.
Our new goal feature allows you to maintain sub-accounts within your primary Betterment account. Each sub-account can be set for a different goal, such as retirement, a vacation, or education. We provide advice on achieving each goal – including recommendations on how much to invest and how often – based on your chosen time frame, initial deposit, and level of risk. The investment strategy for each goal is fully customizable. You can transfer money between goals, set separate allocations for each goal, and set up automatic deposits for multiple goals.
All of the complexities and time-consuming tasks of a well-managed investment account – such as selecting a diversified portfolio, re-balancing, and dollar cost averaging – are made easy and efficient in Betterment’s sophisticated platform. The new goal feature encompasses our smart, intuitive approach, allowing you to set up a goal in just four clicks.
The Betterment team is pretty pumped to add new goals to our accounts. Check out some of our team members’ investing goals – then, set up your own!
Scroll around Betterment’s blog posts for a wealth of information on their current and upcoming products and services.
Betterment Referral Program
If you need a Betterment account, you can get a $25 account bonus when you sign up for Betterment by clicking here. The new account bonus will automatically appear into your account after you authorize a deposit. Then you can join Betterment’s Refer-A-Friend Program to earn $50 and your friend will receive $25.
Steps to Participate in Betterment Ref-A-Friend Program
1. Invite friends to sign-up for a Betterment account by sending them an refer-a-friend invitation through a sign-up page in your Betterment Account.
2. Refereed friend makes an initial deposit of at least $500 and does not withdraw that initial deposit for 60 days.
3. You receive a $50 bonus automatically deposited into your Betterment account, and your refereed friend will receive a $25 bonus.
Betterment Terms and Conditions aka Fine Print
Your participation in the Betterment Refer a Friend Program is subject to the following terms and agreements: Through the Betterment Refer a Friend Program you will invite friends to sign-up for a Betterment account by sending them an invitation via the Betterment interface, and your efforts in soliciting clients to Betterment will be limited to this activity.
For each “Qualifying New Account” you will receive a $50 bonus to your Betterment account, and your Betterment referee friend will receive a $25 bonus to his/her Betterment account. A “Qualifying New Account” is a new individual Betterment account opened by your Betterment referee friend using the special designated link from your invitation, which your referee friend funds with an initial deposit of at least $500 and does not withdraw that initial deposit for 60 days.
Disclosure: Unfortunately, I do not receive a $50 referral bonus but they do offer me a token of appreciation for signing-up through my Betterment.com link. If you do use my referral link to get a $25 account bonus when you open an account, thank you for supporting my blog. I guarantee any monies I earn, flow back into building my blog.
Discover more referral promotions to build your referral network, head on over to my refer-a-friend page.