The High Cost of Low-Yield Accounts

Essential readings

5 min read

What Is Compounding and Why Is It Important?

5 min read

FDIC and SIPC Insurance: What’s the Difference?

3 min read

Why You Should Ditch Bank Branches

How To Make the Most of Your Money When Interest Rates Decrease

Recently, the Federal Reserve lowered the target range for the federal funds rate. This decision affects most consumer interest rates, so it’s normal to wonder what this change might mean for you. In this post, we’ll explain what interest rate decreases mean for your money and how you can…

5 min read

The Wealthfront Cash Account vs. High-Yield Savings Accounts

Earn an industry-leading APY on your short-term cash. Open a Cash Account The Wealthfront Cash Account offers a high yield of 4.50% APY and up to $8 million in FDIC insurance through our partner banks. In some ways, that might sound similar to a high-yield savings account.

4 min read

How To Get the Most Out of Your Cash Account

We built the Wealthfront Cash Account to be the ideal home for your short-term cash. That’s why the Cash Account comes with a high 4.50% APY and up to $8 million of FDIC insurance through our partner banks, with absolutely no account fees. It’s no secret that…

4 min read

How Should I Save for Short-Term vs. Long-Term Goals?

When you think about your financial future, you probably have three kinds of goals: short-term goals, like a vacation you plan to take later this year, near-term goals, like a down payment for a house, and long-term goals, like sending a child to college or retiring. In order to give…

7 min read

How Much Money Should I Save?

Saving advice is everywhere –– but how much is enough? The goal of asking, “How much money should I save?” isn’t just to hit a number suggested by someone else. Instead, it’s about asking yourself questions like which financial goals matter most to you, what stage of life you’re in,…

5 min read

How Some Banks Avoid Paying You a High APY

When you’re shopping around to find a good home for your cash, you might see some very high APYs advertised. At first, this probably seems like a good thing. However, if you dig into the fine print for some of these accounts, you’ll notice that the advertised rate can actually…