Affirm vs. Wealthfront
Compare rates, requirements, and features side-by-side to find the best option for you.
Affirm
Affirm Money Account
3.60%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Affirm
Affirm Money Account
Wealthfront
Cash Account
Up to4.15%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppRange: 3.50% – 4.15%Show Fine Print & Trends Hide Details
Wealthfront
Cash Account
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Affirm vs. Wealthfront Savings Calculator
Wealthfront earns $354 more than Affirm.
Affirm
Affirm Money Account
Savings Breakdown
- Interest Earned+$2,177.80(10.8%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,177.80
Wealthfront
Cash Account
Savings Breakdown
- Interest Earned+$2,531.80(12.3%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,531.80
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Affirm vs. Wealthfront
Why Affirm?
- ✓No checking account or direct deposit required
Why Wealthfront?
- ✓Higher potential APY (4.15% vs 3.60%) on all balances
— Key Feature Differences —
Better Returns at $10,000
WealthfrontWealthfront's Cash Account earns more on smaller deposits (approx. $415 vs $360/yr).
Better Returns at $25,000
WealthfrontWealthfront's Cash Account pulls ahead with larger amounts (approx. $1038 vs $900/yr).
Best for Simplicity
AffirmAffirm's Affirm Money Account offers 3.60% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Wealthfront's Cash Account pays $55 more interest on a $10,000 balance than Affirm's Affirm Money Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Wealthfront offers a Cash Account with a competitive APY of 4.15%, which is significantly higher than Affirm's Affirm Money Account at 3.60%. Both accounts have no minimum deposit or balance requirements, and neither requires direct deposit. However, Wealthfront's higher initial APY is available for new clients for the first three months, after which it drops to 3.50%. Both accounts are online-only and FDIC-insured through partner banks. For users seeking simplicity and no additional requirements, Affirm's account remains a viable option, but Wealthfront clearly provides better returns, especially for larger deposits.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Top Market Contenders
See who beats both Affirm and Wealthfront.
| Feature | Affirm | Wealthfront |
|---|---|---|
| APY | 3.60% Verified: 12/10/2025 ↘︎ 0.25%90d Change | 4.15% Range: 3.50% - 4.15% Verified: 12/10/2025 - |
| Product Name | Affirm Money Account | Cash Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android4.8 | iOS4.8 Android4.9 |
| BBB Rating | A+ | F |
| Important Notes | While Affirm is not a bank, it is FDIC-insured through partner Cross River Bank. | 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 4.15% for 3 months, after which the 3.50% APY applies. See terms at Wealthfront. |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Affirm | Wealthfront |
|---|---|---|
| Affirm Money Account | Cash Account | |
Current APY | 3.60% | 4.15% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.0 | 0.0 |
Days Since Change | 26 | 26 |
1-Month High | 3.60% | 4.15% |
1-Month Low | 3.60% | 4.15% |
Adjustments / Mo | 0.00 | 0.00 |
Volatility Score | 0.000 | 0.000 |
How to read these metrics(Click to expand)
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