A rate that
A rate that towers
over most banks:
Which is ironic, because they're the ones with all the towers.
Cash earns more here. Move your savings to a high-yield account with one of the best APYs in the market. No account fees. No strings attached.
Best Cash Management App, 2020 1
Best Cash Management Account, 2023 1
$43B+In assets managed
Apple App Store 2
Google Play Store 2
Not quite a bank.
Quite a bit better.
Zero account fees
Unlimited withdrawals & transfers
Up to $5M FDIC insurance through partner banks
No minimum or maximum balance to earn 4.55% APY
We work with partner banks to offer exceptional banking features with ultimate flexibility and the security of FDIC insurance — all delivered through a Wealthfront Brokerage account that makes building your wealth easy. And unlike some other accounts, ours doesn’t come with sneaky requirements like minimum account size, required direct deposit, or required debit card transactions.
Don’t save your questions.
We’ve got answers.
Money is complicated enough, so we work hard to make everything about our Cash Account easier to understand. Here are some answers to frequently asked questions:
Will the interest rate lock in, or does it change?
Short answer: it changes based on a number of factors — the most important factor being the Federal Funds Rate.
Long answer: it’s in our best interest to offer our clients a competitive rate, so we’re always looking for opportunities to do just that. When our partner banks pay us more for our deposits, we pay it forward to you with a better APY. We’ll always notify you when the rates change.
How hard is it to transfer from savings to investing?
So not hard at all! When the market is open, money can usually be transferred to your taxable Investment Account or IRA in minutes.Learn more
But what if I want to withdraw my money?
It’s your money, so you can withdraw it whenever you want. It usually takes only one business day to arrive in your bank account, though if it’s a recent deposit, it may take a few extra days to process.
How many fees are there?
None! Zilch! Nada! We’ve never charged any account fees for the Cash Account, and we never will.
Unfortunately, I have these things called bills. Can you make them go away?
We can’t make them go all the way away, but it’s very easy to set up bill pay with the Cash Account. Paying bills is kind of like making them go away, right?
What if I want actual dollar bills in my actual hands?
If you’re good with twenties, we’ve got free ATMs IRL. Just use our Debit Card to withdraw from more than 19,000 free ATMs at places like CVS, Target, Walgreens, and many, many more.