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A rate that
towers over
most banks:
3.80% APY

A rate that towers
over most banks:
3.80% APY

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.
Nerdwallet logo
Best Cash Management App, 2020 1
Trusted clients
In assets managed
Apple App Store 2
Google Play Store 2
a landscape filled with mountains
ManageCash AccountAvailable balanceSEPTEMBERInterest earned in September+$80.69Monday, Sep 8 · InterestTransfer to invest$100.00Monday, Sep 8 · TransferAUGUSTTransfer to emergency fund$200.00Monday, May 8 · Money inTransfer moneyAccount numberscurrent APY interest earned

Not quite a bank.
Quite a bit better.

Zero account fees
Unlimited fee-free transfers
Up to $2M FDIC insurance through partner banks
No minimum or maximum balance to earn 3.80% APY
$25,000 sweepstakes*
We work with partner banks to offer exceptional banking features with ultimate flexibility and the security of FDIC insurance. And unlike some other accounts, ours doesn’t come with sneaky requirements like minimum account size, required direct deposit, or required debit card transactions.

*No purchase or Cash Account necessary. For free methods of entries see official rules here. Rate is subject to change.

Feel the life-changing magic of optimizing your cash.

Discover the deep satisfaction of directing your cash flow with nothing left to waste. Take advantage of helpful automation tools to route deposits to your short-term and medium-term goals, then invest the rest for your future.

Invest in the market in minutes.

Start building your long-term wealth ASAP. Invest your extra cash quickly — with near-instant transfers to connected Wealthfront Investment Accounts.
Your transfer is on the way.

Money that flows freely (literally).

With unlimited, fee-free transfers to external accounts, you are free to move your money whenever and wherever you choose. Use automated savings to monitor your external accounts and save just the right amount when your balance reaches a pre-set threshold.

Did we mention you can spend it, too?

When we say your money is there when you need it, we mean when you really, really, really need it. Like, now-ish. These checking and ATM features make it possible:
Free debit card
Access funds earlier with direct deposit
19,000+ free ATMs
Pay bills, plus send & deposit checks

Welcome to your money’s happy place.

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 don’t offer “promotional rates,” so you can be sure you’re getting the same great rate as every other one of our clients (and even our own employees). 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.

* NO PURCHASE OR CASH ACCOUNT NECESSARY. Void where prohibited and in PR, Guam and outside the US and DC. Must be 18+ (19+ in AL and NE; 21+ in MS) to enter. Odds of winning depend on # of eligible entries received. Sweepstakes starts on January 19, 2023 at 12:00 a.m. PT and ends on February 18, 2023 at 11:59 p.m. PT. See Official Rules for end dates and details, how to opt out, and free methods of entry here. Sponsored by Wealthfront Corporation, 261 Hamilton Ave Palo Alto, California, 94301.

This Sweepstakes is not sponsored or endorsed by Green Dot Bank, Green Dot Corporation, Visa U.S.A, or any of their respective affiliates, and none of the foregoing has any liability or responsibility to fulfill any prizes earned under this Sweepstakes.

Review Wealthfront Brokerage LLC with FINRA’s BrokerCheck here

  1. The national average interest rate is based on FDIC.gov, as of December 20, 2022
  2. Nerdwallet receives cash compensation for referring potential clients to Wealthfront Advisers, LLC (“Wealthfront Advisers”) via advertisements placed on their website. Nerdwallet and Wealthfront Advisers are not associated with one another and have no formal relationship outside of this arrangement. Nerdwallet’s opinions are their own. Their ratings are determined by their editorial team. The scoring formula for online brokers and robo-advisors takes into account over 15 factors, including account fees and minimums, investment choices, customer support and mobile app capabilities. Nerdwallet ranking as of June 2021. Wealthfront provides in connection with obtaining this ranking.
  3. Apple App Store and Google Play Store ratings based on user ratings from February 2014 (Apple) and December 2015 (Google) through June 2022. Ratings compiled by Apple, Inc., and Google, Inc., who receive compensation for hosting our app.

Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), a member of FINRA / SIPC. Neither Wealthfront Brokerage nor any of its affiliates are a bank, and Cash Account is not a checking or savings account. We convey funds to institutions accepting and maintaining deposits. Investment management and advisory services are provided by Wealthfront Advisers LLC (“Wealthfront Advisers”), an SEC registered investment adviser, and financial planning tools are provided by Wealthfront Software LLC (“Wealthfront”).

We’ve partnered with Green Dot Bank.

The checking features offered on your Wealthfront Cash account are provided by and the Wealthfront Visa® Debit Card is issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa International Service Association. Checking features for the Cash Account are subject to identity verification by Green Dot Bank and the Wealthfront Visa® Debit Card is optional and must be requested. Wealthfront products and services are not provided by Green Dot Bank. Copyright 2023 Green Dot Corporation. All rights reserved. Green Dot Bank operates under the following registered trade names: GO2bank, GoBank and Bonneville Bank. All of these registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank. Deposits under any of these trade names are deposits with Green Dot Bank and are aggregated for deposit insurance coverage.

Early direct deposit availability depends on payor type, timing, payment instructions, and bank fraud prevention measures and may vary from pay period to pay period. The name and Social Security number on file with your employer or benefits provider must match your Account to prevent fraud restrictions on the account.

Fee-free ATM access applies to in-network ATMs only. For out-of-network ATMs and bank tellers a $2.50 fee will apply, plus any additional fee that the owner or bank may charge. Fees and Eligibility requirements may apply to certain checking features, please see the Deposit Account Agreement for details.

The cash balance in the Cash Account is swept to one or more banks (the “program banks”) where it earns a variable rate of interest and is eligible for FDIC insurance. FDIC insurance is not provided until the funds arrive at the program banks. FDIC insurance coverage is limited to $250,000 per qualified customer account per banking institution. Wealthfront uses more than one program bank to ensure FDIC coverage of up to $2 million for your cash deposits. For more information on FDIC insurance coverage, please visit www.FDIC.gov. Customers are responsible for monitoring their total assets at each of the program banks to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. The deposits at program banks are not covered by SIPC.

The Annual Percentage Yield (APY) for the Cash Account may change at any time, before or after the Cash Account is opened. The APY for the Wealthfront Cash Account represents the weighted average of the APY on the aggregate deposit balances of all clients at the program banks. Deposit balances are not allocated equally among the participating program banks.

The information contained in this communication is provided for general informational purposes only, and should not be construed as investment or tax advice. Nothing in this communication should be construed as tax advice, a solicitation or offer, or recommendation, to buy or sell any security. Any links provided to other server sites are offered as a matter of convenience and are not intended to imply that Wealthfront Advisers or its affiliates endorses, sponsors, promotes and/or is affiliated with the owners of or participants in those sites, or endorses any information contained on those sites, unless expressly stated otherwise.

All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Please see our Full Disclosure for important details.

By using this website, you understand the information being presented is provided for informational purposes only and agree to our Terms of Use and Privacy Policy. Wealthfront Advisers relies on information from various sources believed to be reliable, including clients and third parties, but cannot guarantee the accuracy and completeness of that information. Nothing in this communication should be construed as an offer, recommendation, or solicitation to buy or sell any security. Additionally, Wealthfront Advisers or its affiliates do not provide tax advice and investors are encouraged to consult with their personal tax advisors.

Wealthfront, Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Corporation.

© 2023 Wealthfront Corporation. All rights reserved.