Betterment Introduces FDIC Insured Joint Checking Account for Clients Looking to Effectively Manage Shared Recurring Expenses
Betterment, the largest independent online financial advisor, recently launched an
FDIC-insured Joint Checking account with several new features designed to help you and your partner “make the most of your money.”
As mentioned in a note shared with CI, Betterment’s Joint Checking account is “for married and unmarried couples, families, roommates, and other groups who are looking to make shared recurring expenses easier to manage.”
As noted in the update, some key features include:
No fees. Betterment “reimburses ATM and foreign transaction fees worldwide and cuts out overdraft fees and minimum balances.”