Wealthfront: Savings Account & Rates

By Aviel Fahl

Updated: 2/20/2026

Mission: Banksparency aims to make Wealthfront's savings account transparent and comparable to the market.

Interest rates reported as APY

Analysis of Wealthfront

Our verdict

Wealthfront offers Cash Account, a high-yield savings account paying 3.95% APY with no minimum deposit.

At 3.95% APY, Wealthfront pays 10x the national average (0.39%). Ranks in the top tier of 99+ accounts tracked.

Ideal User Profile

Best for: banking without needing a branch and managing money from your phone.

Important Considerations

The 3.95% rate is promotional for 3 months, then drops to 3.30%. Factor in the post-promo rate when comparing long-term returns.

Key Differentiators

Stands out with top-rated iOS app (4.8), highly-rated Android app (4.9).

Savings Overview

Cash Account

3.95% APY

Tiered Range: 3.30% - 3.95%

30 days

↗︎ 0.05%

90 days

↘︎ 0.20%

No Minimums Online Only

Min. Deposit	$0
Min. Balance	$0
Maintenance Fee	$0

Rank #26 of 99 tracked.

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 3.95% for 3 months, after which the 3.30% APY applies. See terms at Wealthfront.

Market Reality Check

This bank offers rates below the current top tier. The best rates we track are currently above 4.15% APY.

See Top Rates

National Avg: 0.39% (FDIC, 1/1/2026).
Banksparency tracks live rates daily.

Bank Overview

HQ LocationPalo Alto, California
Founded2008
Ratings & Trust
4.8iOS 4.9Android FBBB Not BBB Accredited
Zelle® SupportNo Support
Standard ACH or Wire transfers only.
Deposit InsuranceFDIC Insured

Visit Official Website

Featured Offers

Axos ONE - High Yield Savings & Checking

Over 95,000 fee-free ATMs
Get paid up to 2 days early with Direct Deposit
One convenient app for spending & saving

FDIC Insured

Savings4.21%APY

Checking0.51%APY

Go to Axos Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$0
Min. Balance in Savings Account	$0
How to qualify for APY	OPTION ADirect Deposit $1,500+ AND Maintain $1,500+ avg daily checking balance. OR OPTION BDeposit $5,000+ total/mo AND Maintain $5,000+ avg daily checking balance.
Mobile Ratings	iOS:4.7 Android:4.6

The 4.21% APY is available with the Axos ONE savings and checking bundle. The checking account earns 0.51% APY. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

PREMIUM ACCOUNT, GENEROUS BONUS

SponsoredVerified Feb 20, 2026

FDIC Insured

CIT Bank - Platinum Savings

Competitive APY - with a balance of $5,000+
Earn up to $300 bonus with qualifying deposit
Highly rated mobile apps

FDIC Insured

Savings3.75%APY

Up to$300Bonus

Go to CIT Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$5,000
Mobile Ratings	iOS:4.8 Android:4.7

This is a tiered savings account, where the 3.75% APY requires meeting the $5,000 balance requirement. Lower balances earn an APY of 0.25%.

EASY TRANSFERS, LOW MINIMUMS

SponsoredVerified Feb 20, 2026

FDIC Insured

Quontic High Yield Savings

Apply in 3 minutes or less
No monthly service fees
Transfer with Zelle, Apple Pay, G-Pay, and more

FDIC Insured

Savings3.50%APY

Go to Quontic Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$0
Mobile Ratings	iOS:4.8 Android:4.8

Top Market Contenders

SoFi Bank

4.00% APY

vs. Wealthfront

Barclays

3.85% APY

vs. Wealthfront

Ally Bank

3.20% APY

vs. Wealthfront

Popular Peer Comparisons

Ally Bank vs Marcus by Goldman Sachs Marcus by Goldman Sachs vs SoFi Bank Chase Bank vs SoFi Bank American Express vs Discover Bank Marcus by Goldman Sachs vs Synchrony Bank Capital One vs Chime

Savings Account: In-Depth View

Savings Account Offered by Wealthfront

Feature	Cash Account
APY	3.95%Range: 3.30% - 3.95%Verified: 2/20/2026
APY Trend	30 days ↗︎ 0.05% 90 days ↘︎ 0.20%
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 3.95% for 3 months, after which the 3.30% APY applies. See terms at Wealthfront.
Next Steps	-

Calculate Savings for Wealthfront

All calculations are based on APY.

Selected Product

Cash Account3.30% - 3.95% APY

Initial Deposit

Recurring Deposit

Frequency

Duration

Promo Rate: 3.95% for 3 months, then 3.30%.

Savings Breakdown

Interest Earned
+$1,284.70(8.4%)
Total Contributions
$13,000
Initial Deposit
$1,000

Projected Balance

$15,284.70

Effective APY

3.31%

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 3 Months

Metric	Cash Account
Latest APY	3.95%
Trend	Falling
Slope (bps/mo)	-8.8
Rate Changes / Mo	0.61
Days Since Last Change	21
High (-3m)	4.15%
Low (-3m)	3.90%
Draw-down	-4.8%
Volatility (CV)	0.028

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 99-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	3.30% - 3.95%Verified: 2/20/2026	-
APY Trend	30 days ↗︎ 0.05% 90 days ↘︎ 0.20%	-
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 3.95% for 3 months, after which the 3.30% APY applies. See terms at Wealthfront.	-
Next Steps	-	-

Bank-to-Bank Comparisons

Compare Wealthfront's APY of 3.95% with other banks

Bank Pair	Competitor APY	Min Deposit
Wealthfront vs Affirm	3.20%	$0
Wealthfront vs Ally Bank	3.20%	$0
Wealthfront vs American Express	3.30%	$0
Wealthfront vs Axos Bank	4.21%	$0
Wealthfront vs Bank of America	0.01%	$100
Wealthfront vs Barclays	3.85%	$0
Wealthfront vs Bask Bank	0.25%	$0
Wealthfront vs Betterment	3.25%	$10
Wealthfront vs BMO Alto	3.15%	$0
Wealthfront vs Bread Savings	4.00%	$100
Wealthfront vs BrioDirect	3.75%	$5,000
Wealthfront vs Capital One	3.30%	$0
Wealthfront vs Carver Bank	4.00%	$5,000
Wealthfront vs Charles Schwab Bank	0.15%	$0
Wealthfront vs Chase Bank	0.01%	$0
Wealthfront vs Chime	3.00%	$0
Wealthfront vs CIT Bank	3.75%	$100
Wealthfront vs Citibank	3.20%	$0
Wealthfront vs Citizens Access™	3.15%	$0.01
Wealthfront vs Climate First Bank	4.21%	$50
Wealthfront vs Colorado Federal Savings Bank	4.05%	$50,000
Wealthfront vs Discover Bank	3.30%	$0
Wealthfront vs E*TRADE from Morgan Stanley	3.35%	$0
Wealthfront vs Elevault	3.82%	$0
Wealthfront vs EverBank	3.90%	$0
Wealthfront vs Fitness Bank	4.50%	$100
Wealthfront vs FNBO Direct	3.00%	$1
Wealthfront vs Forbright Bank	3.85%	$0
Wealthfront vs FVCbank	4.00%	$500
Wealthfront vs GO2bank	4.50%	$0
Wealthfront vs Ivy Bank	3.85%	$2,500
Wealthfront vs Jenius Bank	4.05%	$0
Wealthfront vs LendingClub	4.00%	$0
Wealthfront vs Marcus by Goldman Sachs	3.65%	$0
Wealthfront vs MutualOne Bank	4.07%	$20,000
Wealthfront vs My Banking Direct	4.02%	$500
Wealthfront vs Neighbors Bank	4.20%	$0
Wealthfront vs Newtek Bank	4.20%	$0.01
Wealthfront vs Openbank	4.09%	$500
Wealthfront vs Peak Bank	4.02%	$100
Wealthfront vs Pibank	4.60%	$0
Wealthfront vs PNC	3.30%	$0
Wealthfront vs Popular Direct	3.90%	$100
Wealthfront vs Presidential Bank	3.75%	$5,000
Wealthfront vs Quontic Bank	3.50%	$100
Wealthfront vs Salem Five Direct	3.61%	$10
Wealthfront vs Sallie Mae Bank	3.85%	$0
Wealthfront vs Santander Bank	0.01%	$25
Wealthfront vs SoFi Bank	4.00%	$0
Wealthfront vs Synchrony Bank	3.50%	$0
Wealthfront vs TD Bank	2.36%	$0
Wealthfront vs TIMBR	4.15%	$1,000
Wealthfront vs UFB Direct	3.46%	$5000
Wealthfront vs Upgrade	3.05%	$0
Wealthfront vs Valley Direct	4.00%	$1,000
Wealthfront vs Varo Bank	5.00%	$0
Wealthfront vs Vio Bank	4.03%	$100
Wealthfront vs Wells Fargo	0.05%	$25
Wealthfront vs Zynlo Bank	3.85%	$10