Wealthfront savings rates
Wealthfront advertises up to 4.20% APY on its Cash Account. That 4.20% is a promotional rate for three months. The account advertises 3.55% after it ends. APY Boost Promotion: eligible new clients (never held a Wealthfront account) receive a one-time 0.65% APY increase over the standard APY for three months, on up to $150,000 aggregate balance. Time-limited; reverts to base APY after three months.
On a $10,000 balance the account earns 3.71% overall, about $371 in a year, which is 3.34 percentage points above the national savings average of 0.37% (FDIC, Sep 2026).
Ranked #34 of 2519 tracked savings rates by advertised APY. For a $10,000 balance it would rank #72. It was #27 three months ago. The advertised rate has not changed in the 36 weeks since Banksparency began tracking it, through 1 Federal Reserve rate move.
Wealthfront at a glance
| Savings | |
|---|---|
| Top savings APY | Up to 4.20% · Cash Account · promotional rate |
| Minimum to open | $0 · Cash Account |
| Against the national average | 3.83 percentage points above the 0.37% FDIC savings average (Sep 2026) |
| Website | www.wealthfront.com |
|---|---|
| Availability | Nationally available |
Wealthfront savings rates
Rates are APY. The national savings average is 0.37% (FDIC, Sep 2026). The top tracked savings rate on Banksparency is 5.50%. Across 60 savings accounts from 59 banks in the Banksparency core savings index, the median advertised rate is 3.66%, and one account in ten advertises 4.16% or more. See the highest savings rates.
Interactive Tool
Calculate Savings for Wealthfront
All calculations are based on APY.
Savings Breakdown
- Interest Earned+$1,386.30(9.0%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,386.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
So what is the catch?
| Product | APY | Min to open | Min to earn | Balance cap | Monthly fee | Requirements | Rate type | 12-mo trend |
|---|---|---|---|---|---|---|---|---|
| Cash Account | 4.20% | $0 | $0 | None | $0 | None | Promotional (three months) | |
| Promotional terms: APY Boost Promotion: eligible new clients (never held a Wealthfront account) receive a one-time 0.65% APY increase over the standard APY for three months, on up to $150,000 aggregate balance. Time-limited; reverts to base APY after three months. | ||||||||
| Fine print: Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get the stated APY for 3 months, after which a lower APY applies. See terms at Wealthfront. | ||||||||
Rate type: one rate applies at every balance. A tiered rate changes with your balance. A promotional rate changes after the period shown. A balance cap is the largest balance the highest rate applies to.
The 12-month trend shows the highest advertised rate observed each day and includes promotional tiers where one applied.
Every requirement above is explicit: no minimum, no fee, no direct deposit, no linked account (observed Oct 3, 2026).
Opening and using the account
| Availability | Nationally available |
|---|---|
| App Store rating | 4.8 out of 5 |
| Google Play rating | 4.9 out of 5 |
| Eligibility | not stated |
How Wealthfront behaves over time
- 12-month high
- 4.20%
- 12-month low
- 3.55%
- Advertised now
- 4.20%
- At the 12-month high
The advertised Cash Account rate, observed through Oct 3, 2026. The series includes promotional tiers where one applied.
Wealthfront has not changed its advertised savings rate in the 36 weeks since Banksparency began tracking it, through 1 Federal Reserve rate move.
- Cash Account
- Up 0.25 percentage points from 30 days ago.
- Rate last changed
- Sep 25, 2026(effective date)
$10,000 at the 4.20% APY Wealthfront advertises on Cash Account grows to $10,420 in a year. Prices rose 3.4% in the year to August 2026 (Consumer Price Index (CPI)). After a year of prices rising at that pace, it buys as much as $10,077 does today. The top rate is promotional. See how the federal funds rate shapes savings rates.
- Cash Account APY
- Banksparency savings index
- Consumer price index, year over year
Who is Wealthfront?
| Founded | 2008 |
|---|---|
| BBB rating | F · Not BBB Accredited |
Common questions about Wealthfront
What is the minimum deposit at Wealthfront?
Wealthfront requires no minimum deposit to open its Cash Account, as observed on Oct 3, 2026. Check the bank's current terms before you open an account.
Is the 4.20% at Wealthfront a promotional rate?
That 4.20% is a promotional rate for three months. The account advertises 3.55% after it ends. Rates are as observed on Oct 3, 2026.
Wealthfront against its closest alternatives
| Bank | Savings APY | Rate paid on savings and money market deposits (Q2 2026) | Min deposit | Branches |
|---|---|---|---|---|
| Wealthfront | 4.20% | not stated | $0 | not stated |
| EverBank | 4.20% | 3.32% | $0 | not stated |
| Happen Bank | 4.20% | 3.54% | $0 | not stated |
| Newtek Bank | 4.20% | 4.02% | $100 | 1 branch in FL |
Each savings APY is the top rate of the account the bank's own page leads with. Alternatives are the three tracked banks whose savings APY is closest to Wealthfront's.
Compare Wealthfront with another bank
Each link opens a full comparison page, with the two banks side by side and their current savings rates.
- Wealthfront vs Openbank
CIT Bank last changed its rate on February 4, 2026, up 10 basis points. Wealthfront last changed its rate on September 18, 2026, up 25 basis points.
Wealthfront vs CIT Bank- Wealthfront vs Barclays
- Wealthfront vs Marcus by Goldman Sachs
- Wealthfront vs SoFi Bank
Axos Bank last changed its rate on February 2, 2026, down 10 basis points, while Wealthfront last changed its rate on September 18, 2026, up 25 basis points.
Wealthfront vs Axos Bank
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