It also offers one alternative banking option, the Wealthfront Cash Account, which we consider to be one of the best high-yield checking accounts out there. Wealthfront's website is easy to ...
What Is the Wealthfront Cash Account? Wealthfront isn’t a bank itself; it’s an investment services firm. The company is mainly known for its robo-advisor service, which customers can use to ...
Annual percentage yields (APYs) and account details are accurate as of April 2, 2025. We picked the Wealthfront Cash Account for its generous APY, lack of monthly fees and extremely high FDIC ...
Compare Wealthfront and E*TRADE Core Portfolios, two robo-advisors with low minimum deposits and reasonable fees, to see ...
Best cash management accounts Best for high FDIC insurance limit: Wealthfront Cash Account Best for investors: Empower Personal Cash™ Best for large balances: Interactive Brokers Best for ...
The required cash allocation and high account minimum may deter some investors. The Wealthfront account setup process is quick. Users complete an initial questionnaire that assesses goals ...
It pays a 5.50% yield, which is higher than Wealthfront's own cash account that pays 4.50% APY (Annual Percentage Yield). The 5.50% yield is the 30-day blended SEC yield after you pay any fees.
However, while American Express offers a standard high-yield savings account (HYSA), it’s important to note that Wealthfront’s savings option is a cash management account, not a savings account.