Earn up to 4.20% APY

Your cash earns a base 3.30% APY and higher!

Zero account fees

Free 24/7 instant withdrawals

Up to $8M FDIC insurance through program banks

3.30% Base Annual Percentage Yield (APY) as of 1/30/26 is provided by program banks and is subject to change. APY Boost is up to a $150,000 balance.

Earn more with two great rewards

You can raise the 3.30% base APY in two easy ways:

  1. Open and fund a Cash Account

    • New clients earn 3.95% with a 0.65% APY boost for 3 months on up to $150,000.

  2. Direct deposit and invest with us

    • Get a 0.25% APY increase—no expiration date or balance limit—when you direct deposit $1,000 a month, plus open and fund any investing account.

Earn 8x more than the average savings account.

Savings? Checking? Better.

Who says you should have to choose one or the other? Wealthfront isn’t a bank, but we work with program banks to get you an industry-leading annual percentage yield (APY), the security of FDIC insurance, and a full array of fee-free, no-strings-attached checking features — all wrapped up into one label-defying package we call a Cash Account.

ATM fee reimbursement

We’ll reimburse 2 fees per month at out-of-network ATMs in the U.S. (up to $7.50 each). You can also access 19,000+ free ATMs nationwide.

Free wire transfers

Transfer funds for free to title and escrow companies and accounts you own at other institutions.

Pay bills, send and deposit checks

Move money and pay bills with account and routing numbers, plus send free checks and make deposits with our mobile app.

Saving features

Transfer to invest in minutes

Move cash to a Wealthfront investing account in minutes, and get your long-term money working even harder, ASAP.

Automated savings and transfers

Create your own automated plans and set recurring transfers to move money to your savings goals and investments with Wealthfront.

Cash Categories

Easily bucket your money to stay organized and set customizable saving goals.

Ready to get your money earning?

Enroll in direct deposit to get your money earning 3.30% APY faster. You can easily spend, invest, pay bills, and withdraw instantly to eligible external accounts.

Don’t just grow your savings.

Grow your spending, too.

Money for monthly expenses: $7,500

You could earn an extra +$20.32 in monthly interest.

Calculation is an estimate and assumes 3.30% APY for 30 days and no withdrawals. Actual interest payments and APY can vary.

Frequently Asked Questions

What happens to the APY after the first 3 months? Your rate will revert to the base rate of 3.30% APY provided by program banks, which is subject to change.

When do I collect that interest? Your interest accrues daily based on your current balance, and pays out near the beginning of each month.

But what if I want to withdraw my money? You can withdraw it whenever you want, with no fees. Withdrawals to eligible external accounts can be processed instantly.

Is my money safe with Wealthfront? Your money gets up to $8 million in FDIC insurance through program banks. We keep your money secure by complying with the rules of our federal regulators and conducting annual third-party accounting audits.

How many fees are there? None! We’ve never charged any account fees for the Cash Account, and we never will.