Use this link to open a Wealthfront Cash Account.
Once you fund it, you'll get a 0.50% APY boost! https://www.wealthfront.com/c/affiliates/invited/AFFC-LCC9-8W2P-AT82
I spent months researching different options to move my money from Ally bank. It was ok but their 4% APY has been much lower than others. I wanted a higher APY and a TRUSTWORTHY institution.
I settled with Wealthfront because it has good reviews and their current APY is 4.5% plus you can use an invite code to get the addtional 0.5% increase, totaling 5% APY. I didnt have any friends banking with them so I just copied the code from this thread above and it worked. :)
The transfer was super easy. Took 2 days and they didn't put my 100K on hold at all! If I knew it was going to be that easy, I would have done it months ago! Definitely recommend.
Feel free to use my invite code to get your extra 0.5%
https://www.wealthfront.com/c/affiliates/invited/AFFA-XXAZ-V38G-0MVA
Opened the cash account for over a month now and the overall experience was very smooth. I’ve deposited multiple large funds and transferred funds outside of the account with no problem. It’s a hybrid checking and savings account with no transfer limit and no lame account fees, so I can use it to pay bills and credit cards. Currently, they are offering 5.5% APY with this sign up link https://www.wealthfront.com/c/affiliates/invited/AFFB-PVIR-QE1G-RLJZ
The offer has been on for quite some time, so it’ll likely to be gone soon.
I opened in August with 5%. I just noticed they changed mine to 4.5%. Has anyone else?
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Wealthfront is an Internet only bank and does not have branch locations. Its headquarters is located at 261 Hamilton Avenue - Palo Alto, CA 94301