The 2.69 percent APY on Betterment’s cash management account is higher than yields on top savings accounts and is nearly 27 times the national average APY on savings accounts (0.1 percent). It also tops Wealthfront’s cash management account, which offers 2.57 percent APY. However, if you don’t sign up for the Betterment Everyday Checking waitlist, you will earn 2.43 percent APY. The Everyday Savings doesn’t have an ATM or debit card available to withdraw from ATMs. However, the Betterment Everyday Checking will have a Betterment Visa debit card when it launches, according to a company statement. The Betterment Everyday Checking won’t have monthly maintenance fees, account fees, overdraft fees or a minimum balance requirement. The Everyday Savings doesn’t have an early closeout fee, and there is no minimum amount of time that you need to keep it open.

https://www.bankrate.com/banking/betterment-launches-everyday-savings-cash-account/