Wealthfront: Savings Account & Rates
Mission: Banksparency aims to make Wealthfront's savings account transparent and comparable to the market.
Savings Overview
Cash Account
| Min. Deposit | $0 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
Market Reality Check
This bank offers rates below the current top tier. The best rates we track are currently above 4.21% APY.
Bank Overview
- HQ LocationPalo Alto, California
- Founded2008
- Ratings & Trust
- Zelle® SupportNo SupportStandard ACH or Wire transfers only.
- Deposit InsuranceFDIC Insured
Our Take on Wealthfront
The Good
- Decent APY of 3.90%
- No minimum deposit or balance requirements
- No monthly maintenance fees
- Top-tier mobile apps (iOS: 4.8, Android: 4.9)
Considerations
- Rate is introductory; drops to 3.25% after the promo period of 3 months.
- No physical branch access (online only)
Wealthfront offers a Cash Account with an introductory APY of 3.90% for the first three months, after which the rate decreases to 3.25%. This account has no minimum deposit or balance requirements, and there are no monthly maintenance fees. It's important to note that Wealthfront is not a bank but a financial services company, and it is FDIC-insured through partner banks. Additionally, there are no direct deposit requirements. However, customers should be aware that there is no physical branch access, as this is an online-only service.
Top Market Contenders
Savings Account: In-Depth View
Savings Account Offered by Wealthfront
| Feature | Cash Account |
|---|---|
APY | 3.90%Range: 3.25% - 3.90%Verified: 1/6/2026 |
APY Trend | Rate Adjusted -0.25% Since 30 days ago |
Min. Deposit | $0 |
Min. Balance | $0 |
Monthly Fee | $0 |
Direct Deposit | None |
Checking Bundle | No |
Branch Access | None |
Compounding | Daily |
FDIC Insured | Yes |
Eligibility | United States |
Important | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 3.90% for 3 months, after which the 3.25% APY applies. See terms at Wealthfront. |
| Next Steps | - |
Calculate Savings for Wealthfront
Savings Breakdown
- Interest Earned+$1,264.50(8.3%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,264.50
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Wealthfront Savings Rates Over Time
Historical APY Insights
Last 2 Months| Metric | Cash Account |
|---|---|
Latest APY | 3.90% |
Trend | Falling |
Slope (bps/mo) | -18.9 |
Rate Changes / Mo | 0.56 |
Days Since Last Change | 18 |
High (-2m) | 4.15% |
Low (-2m) | 3.90% |
Draw-down | -6.0% |
Volatility (CV) | 0.029 |
How to read these metrics▼
Trends & Velocity
- Trend
- The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
- Slope (bps/mo)
- Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
- Rate Changes / Mo
- "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.
Risk & Range
- High/Low
- The absolute ceiling and floor of the rate during the 54-day window.
- Volatility Score
- Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
- Days Since Change
- If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.
Why track this? Understanding volatility helps you avoid "bait-and-switch" rates. A steady, rising slope is ideal; high volatility often signals a temporary teaser rate.
Compare with Wealthfront
| Feature | Current View Wealthfront | Empty Slot |
|---|---|---|
| Product | Cash Account | - |
APY | 3.25% - 3.90%Verified: 1/6/2026 | - |
APY Trend | Rate Adjusted -0.25% Since 30 days ago | - |
| Min. Deposit | $0 | - |
| Monthly Fee | $0 | - |
Direct Deposit | No | - |
Checking Bundle | No | - |
| Branch Access | None | - |
| Eligibility | United States | - |
Compounding | Daily | - |
FDIC Insured | Yes | - |
| Note | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 3.90% for 3 months, after which the 3.25% APY applies. See terms at Wealthfront. | - |
| Next Steps | - | - |
Bank-to-Bank Comparisons
Compare Wealthfront's APY of 3.90% with other banks
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