You’ve been invited to open a Wealthfront Cash Account!
Don’t save your questions.
We’ve got answers.
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.