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Wealthfront


Overview / Commentary
www.wealthfront.com
844-995-8437
900 Middlefield Rd
Redwood City, CA 94063

Related Posts

Wealthfront Cash Account - Up To 4.30% With Referral - 12/28/2022

Wealthfront has increase its Savings rate to 3.80% and a 3 month promo that increases that to 4.30% when you refer someone, or you get a referral from someone and you sign up for an account.

Wealthfront Moving Up Some - 12/14/2022

On December 16, we’re raising the APY on your Cash Account from 3.30% to 3.80%. It’s kind of like a gift that keeps on giving (you money). When the Fed raises national interest rates, we raise your interest rate. And just like our last record high, 3.80% will be the highest rate we’ve ever given our clients. If you’re still keeping cash with some Scrooges who pay less interest, it might be time to make a deposit. Add funds today to start earning 3.80% APY ASAP. It’s that easy.

Wealthfront Cash Account APY - 3.30% - 11/3/2022

Got an email, as of Friday Nov 4, cash account APY increasing from 2.55% to 3.30%, an increase of 0.75% to match the fed hike. Very cool!

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Reviews (2)

Great Account For Stashing Cash

Posted by: |

I use this as a savings account for our down payment, which we hope to use in the next 1-2 years. It's easily accessible, linked to our wealthfront investment account (which I periodically transfer cash to), and consistently raises interest rates. I've recommended this to family members and they're happy. If you'd like to use my referral (we both get a 4.3% interest rate if you do) it's here: https://www.wealthfront.com/c/affiliates/invited/AFFB-FXX2-WRAE-93Y0

1

Wealthfront Cash Account

Posted by: |

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".

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Health

Sorry, we do not have health information for Wealthfront.

Rates

Rates for Wealthfront are currently being reviewed.

Locations

Wealthfront is an Internet only bank and does not have branch locations. Its headquarters is located at 900 Middlefield Rd - Redwood City, CA 94063

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