SAVE MORE, FASTER

Your money
can do more.

Earn 1.82% APY with no fees and enjoy unlimited transfers.

Stashing cash until you’re ready to invest, building a rainy day fund, or saving for a big expense? Grow your money with our high-interest cash account.

We are not a bank, but your cash is covered by FDIC insurance for up to $1 million through our partner banks. We will do everything in our power to pass along more savings to you, but please note the rate is subject to change. This account is offered by Wealthfront Brokerage.

Higher interest means
more money for you.

APY*

Don’t leave money on the table.

Traditional financial institutions offer between 0.01% and 0.10% on checking and savings accounts. With our cash account you earn 18x the national average*.

When should I
hold on to cash?

Until you’re ready to invest, your cash may be better off in a liquid, high-interest cash account, where your money is covered by FDIC insurance for up to $1 million through our partner banks.
We’ll help you save the money you need for:
Saving before you’re ready to invest
A rainy day fund for unexpected expenses
An upcoming expense like a down payment for a home or a wedding
If you want to grow your money over the long term, it’s best to invest in a Wealthfront globally diversified portfolio of low-cost index funds.
We’ve got you covered

FDIC insured up to $1 million.

Your cash is FDIC insured through our partner banks for up to $1 million. That’s four times the insurance that the traditional bank provides.

No market risk.

Your cash is kept out of the markets, so you never have to worry about short-term volatility.

Fast and easy setup.

It takes just a couple minutes to open an account straight from your phone.

Unlimited, free transfers.

Move money in and out of your account as many times as you want. You can easily transfer your money directly to a

No fees.

No advisory fees, no management fees, no surprises. Earn more and keep more.

$1 minimum.

It only takes $1 to open and there are no additional deposit requirements.
See how cash fits
into your big picture.

With our free planning experience, you’ll get personalized guidance on how much cash you need and where you should put it in order to reach your short-term goals.

Learn More

A cash account built for you.
We get it: money and its terms can be confusing. We’re here to simplify with answers to some of the most frequently asked questions when it comes to our cash account.
Click here for all of our FAQs.
Can I move money in between Wealthfront accounts?

You can move money from your Cash Account to your taxable Investment Account. Learn how easy it is.

How do I access my money?

You can withdraw money at any time. It usually takes about one to three business days for your withdrawal to arrive in your bank account. If you’ve recently deposited money into your cash account, it may take a few extra days to process.

Can I pay bills or use an ATM?

Not right now, but we’ll be adding new features to the cash account over time.

Is Wealthfront’s Cash Account APY a promotional rate?

No, the Wealthfront APY is not a short term promotional rate and applies to all accounts and balances. We’re committed to offering the highest rate we can to our clients. Learn more.

Will I be charged a fee?

There are no fees for the cash account.

Why is my rate subject to change?

The APY on the cash account is dependent on the federal funds rate. We move your funds to partner banks who accept and maintain deposits and pay a rate based on the fed rate. As rates move, we will do everything in our power to keep our rates as competitive as possible. Learn more.