Software Alternatives, Accelerators & Startups

Betterment VS Simple

Compare Betterment VS Simple and see what are their differences

Betterment logo Betterment

We manage your investments so you don't have to.

Simple logo Simple

Simple is reinventing personal banking with modern online and mobile experiences, no surprise fees...
  • Betterment Landing page
    Landing page //
    2023-03-25
  • Simple Landing page
    Landing page //
    2018-10-06

Betterment videos

BETTERMENT REVIEW 2020: Best Robo-Advisor Tool?

More videos:

  • Review - The #1 PROBLEM with Betterment Investing
  • Review - BETTERMENT REVIEW 2020 - Making Investing EASY

Simple videos

The Truth About Simple Skin Care

More videos:

  • Review - DOCTOR V Reviews Simple | Brown/ Dark Skin of Colour | SOC
  • Review - Simple Skincare Review! Micellar Water, Cleansers, Moisturizer | Clean, Affordable Skin Care

Category Popularity

0-100% (relative to Betterment and Simple)
Finance
54 54%
46% 46
Personal Finance
53 53%
47% 47
Business & Commerce
0 0%
100% 100
Investing
100 100%
0% 0

User comments

Share your experience with using Betterment and Simple. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Betterment and Simple

Betterment Reviews

When is Robinhood Coming to Australia? Alternatives for 2022
No, Betterment and Wealthfront are not available in Australia either. Only US citizens/Green Card holders are eligible to open an account on these platforms (some exceptions apply in the case of Betterment).

Simple Reviews

The 8 Best Budgeting Apps of 2020
Simple is more than a budgeting app, it is an online bank account that replaces your old checking account and has tons of useful budgeting features built-in. When your budget and your bank live in the same app, it is much easier to manage and keep everything under control because you only have one place to visit to view and manage your money.
17 Top Evernote Alternatives for Note-Taking for 2019
Here’s the lowdown: Simplenote is free across all devices; Evernote isn’t. Evernote has an adequate amount of formatting and rich text options; Simplenote doesn’t. Evernote offers web clipping, Simplenote doesn’t.

Social recommendations and mentions

Based on our record, Betterment should be more popular than Simple. It has been mentiond 11 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Betterment mentions (11)

  • What to do with extra $13k as a 20 year old
    Go to betterment.com and put it in their cash reserve. You'll get a good interest rate that should help at least reduce some inflation risk. Source: 12 months ago
  • Financially illiterate
    If you want a less frightening way to invest, betterment.com was my gateway into investing. It has a pre-selected basket of index funds and bonds, and you can just select your risk tolerance, set up a deposit schedule, and they take care of the rest. I started with $10/paycheck 11 years ago, and now I have almost $20,000 invested as I kept increasing my automated deposits as my salary grew. Source: about 1 year ago
  • Weekly note about a direct competitor outdoing M1+
    Also about Betterment: they too started offering crypto at exactly the wrong time, but unlike M1 they have the decency to hide it from view! If I go to betterment.com now, I don't see any reference to crypto on the main page unless you scroll all the way down to the site map at the bottom. That's something else that M1+ could offer:. Source: over 1 year ago
  • Moving out at 18, no idea how to be an adult.
    Lastly sign up for a free investment app like acorns, betterment.com, robin hood etc. Once you've got your budget setup dump everything else into those when combined with your credit card buffer you can always pull back out or preferrably reduce next months investments if you find yourself low on funds one month. Source: over 1 year ago
  • Newbie Question - Investment Account
    There are muuuuuuch better options today that Edward Jones. Your "local guy" makes a living adding maintenance costs to your account. The original poster here could do really well by checking out betterment.com and just following the on-screen prompts (they offer IRAs, too). Next time you meet with your local guy, ask him how much (the exact dollar amount) he's made from the fees on your investment account...and... Source: almost 2 years ago
View more

Simple mentions (4)

  • Closed bank closed debit card (simple.com)
    I received a refund for an item on Amazon and the debit card and bank was closed. Amazon will not reissue the refund to a different debit card and I'm clueless who to contact if there is anyone to contact since simple.com was defunct in 2021. Any help would be appreciated. Source: over 1 year ago
  • Am I selfish?
    Get a fresh bank account without him; credit unions can be good for this. Make sure it's not at a bank that he frequents...you don't want the teller to be "helpful" and clue him in on things. I used to recommend simple.com for a debit card, but they have sold out to PNC. Source: almost 2 years ago
  • I never had to call Simple.
    Patience and discovering that simple.com now points to BBVA's Simple migration page. Source: about 3 years ago
  • Q about Simple hosted message center
    Prior to putting this on reddit the site showed a simple.com blue banner. Source: about 3 years ago

What are some alternatives?

When comparing Betterment and Simple, you can also consider the following products

Wealthfront - Automated, low cost investment service

Salesforce Financial Services Cloud - Salesforce Financial Services Cloud offers CRM solutions for banking, insurance, and wealth management.

Riskalyze - Riskalyze is a quantitative system for identifying client risk tolerance, aligning portfolios to client expectations, and quantifying the suitability of investments.

Money Guide Pro - Money Guide Pro is a financial planning software solution.

HiddenLevers - HiddenLevers gives genuine business insight to C-Suites of financial institutions, customers, and productivity from the whole firm right down to the individual’s business.

Redtail CRM - Redtail is a web-based client relationship management solution for the financial advisors.