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Great Bank
I have an Ira and an high yield savings accounts with Wealthfront. I had a joint investment fund but I closed it and used the money to buy my house. Wealthfront has a great retirement net worth tool that I see every time I log in!! Shows me how much I will have at retirement and gives me advice. They are the most transparent bank I ever had. And I’ve had Usaa, Bank of America, Suntrust ,citizens access and still use capital one.
I’ve had zero issues and really can see myself never leaving this bank. Just for the app alone!!
They have a referral system too for there investments. 5k managed free for joining with a referral code. If interested din trying join and get 5k additional invested for free. https://wlth.fr/2EN5Y03
Wealthfront Cash Account
Wealthfront Cash Account reviewers seem to be unaware of restrictions WF imposes on "new accounts" when transferring funds between external banks. This is not surprising since WF doesn’t seem very forthcoming on these restrictions.
While WF Cash prominently advertises unlimited ACH withdrawals as one of its cash account features, when actually used, Wealthfront only permits ACH-Push withdrawals to the external account which originally funded the WF account. Withdrawals to other linked external accounts are "rewritten" by WF to direct withdrawals to the external account which funded the WF Cash account.
This essentially turns the WF Cash account into a no-penalty CD account rather than a useful financial management tool.
WF was vague as to how long these "new account" restrictions would remain in-effect for but cited timeframes in terms of "months".
Sorry, we do not have health information for Wealthfront.