Offer value details
Wealthfront lists Individual and Joint Cash Accounts with a 3.30% base APY, boost paths up to 4.20% APY, no account fees, no overdraft fees, no transfer fees, no minimum balance fees, and checking-style features through partner banks.
Qualification requirements
Wealthfront lists a $1 minimum to open the Cash Account and no additional deposit requirements for the base APY. APY Boost paths have separate terms, timing, and balance caps.
Fees and costs
Wealthfront lists no account fees, overdraft fees, transfer fees, or minimum balance fees. Out-of-network ATM charges and checking-feature eligibility terms can still apply.
Availability
The Cash Account is offered by Wealthfront Brokerage LLC, Member FINRA/SIPC. Wealthfront says the Cash Account itself is not a deposit account and cash is swept to program banks where it may be eligible for FDIC pass-through insurance after arriving at program banks.
What to verify
- Wealthfront is not a bank, and the Cash Account itself is not a deposit account.
- FDIC pass-through insurance is not provided until funds arrive at program banks.
- APY can change before or after account opening.
Confirm current provider terms
Rates, rewards, fees, qualification rules, eligibility, and deadlines can change. Review the provider terms before applying.