How to Cancel Betterment (2026 guide)
Cancelling Betterment requires closing your investment account, which involves different steps than typical subscriptions. This guide covers account closure through the Betterment website and mobile app, plus what to expect with withdrawals and transfers.
Finance
Investment
Consumer
Cancellation Summary
Cancel Online
Yes
Main Cancel methods
Website
Mobile App
Phone Support
Time to Cancel
5-10 mins
Plus withdrawal processing time
Where to Cancel
Account Settings
Under Account tab
Betterment account closure involves liquidating investments and transferring funds, which can take 3-7 business days. You'll need to withdraw or transfer your balance before fully closing the account.
Cancel Betterment: Step-by-Step Instructions
Follow these steps to close your Betterment account. You'll need to liquidate investments and withdraw funds before final closure.
01
Log in to your Betterment account
Go to betterment.com and sign in with your email and password. You can also use the Betterment mobile app.
02
Navigate to Account Settings
Click your name in the top right corner, then select Account from the dropdown menu.
03
Find the Close Account option
Scroll down to find Close Account or look for account closure options in the settings menu.
04
Withdraw or transfer your balance
Before closing, you'll need to liquidate investments and withdraw funds or transfer to another account. This process takes 3-7 business days.
05
Complete account closure
Once your balance is zero, confirm account closure. You'll receive an email confirmation once the process is complete.
Betterment-specific things to know
Investment account closure works differently than regular subscriptions. These details can affect your timeline.
Before you cancel, keep this in mind
These details can affect your cancellation timing and tax situation.
Alternative ways to cancel Betterment
If you can't close your account through the website, you can contact Betterment support directly.
Consider these alternatives
If you're unhappy with fees or performance, these options might work better than closing completely.
Frequently Asked Questions About Cancelling Betterment
Common questions about closing your Betterment account and what to expect.
Will I get a refund if I cancel Betterment?
Can I cancel Betterment online?
What happens after I cancel Betterment?
How long does it take to close a Betterment account?
Can I reopen my Betterment account after closing it?
Do I need to pay taxes when I close my Betterment account?
Can I transfer my Betterment account to another broker?
Cancel Similar Finance Subscriptions
Step-by-step guides for other investment services.
About Betterment
Betterment is a robo-advisor platform that provides automated investment management and financial planning services. The platform offers diversified portfolios, tax-loss harvesting, and retirement planning tools with low fees and no account minimums.
Why people cancel Betterment
Moving to a different investment platform
Want more control over investments
Found lower fees elsewhere
No longer need robo-advisor services
Consolidating accounts with primary bank
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