High-Yield Savings Account Comparison

Affirm vs. Wealthfront

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated January 12, 2026
Comparison of Affirm vs Wealthfront savings accounts
Metric

Affirm

Affirm Money Account

Jan 12, 2026

Wealthfront

Cash Account

Jan 12, 2026
APY3.20%3.25% - 3.90%
Est. Earnings
$5,000+$160
$10,000+$320
$25,000+$800
$5,000+$171
$10,000+$341
$25,000+$853
Min Deposit
$0$0

Snapshot view. Rates subject to change.

Terms
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 3.90% for 3 months, after which the 3.25% APY applies. See terms at Wealthfront.
Features
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App

Market Reality Check

Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.20% APY.

See Top Rates

Comparison Analysis

Comparing Affirm vs. Wealthfront

Updated: Jan 12, 2026

As of Affirm offers an APY of 3.20% for its Affirm Money Account, with a minimum balance of $0, compared to Wealthfront's 3.90% APY for its Cash Account, with a minimum balance of $0.

Wealthfront pays $21 more than Affirm on a $10,000 balance after one year. Affirm pays $320, while Wealthfront pays $341 (with an effective APY of 3.41%) - an APY advantage for Wealthfront.

Why Affirm?

No distinct advantages found vs Wealthfront.

Why Wealthfront?

  • Higher potential APY (3.90% vs 3.20%) on all balances

— Key Feature Differences —

Better Returns at $10,000
Wealthfront

Wealthfront's Cash Account earns more on smaller deposits (approx. $341 vs $320/yr).

Better Returns at $25,000
Wealthfront

Wealthfront's Cash Account pulls ahead with larger amounts (approx. $853 vs $800/yr).

Best for Simplicity
Wealthfront

Wealthfront's Cash Account offers 3.90% APY with no bundling, direct deposit requirement or caps.

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)PROMO DETECTED

Over a 1-year period (factoring in a 3-month promo), Wealthfront's Cash Account pays $21 more interest on a $10,000 balance than Affirm's Affirm Money Account.

*Wealthfront's calculation includes their 3-month introductory promotional rate and subsequent standard rate.

AffirmWealthfront

Executive Summary as of

Wealthfront offers a competitive Cash Account with an APY of 3.90%, making it the winner in this comparison. This rate is available for new clients for the first three months, after which it reverts to 3.25%. In contrast, Affirm's Money Account provides a lower APY of 3.20%. Both accounts require no minimum deposit or maintenance fees and are online-only, with FDIC insurance through partner banks. While Affirm's account does not require direct deposit, Wealthfront's account also has no such requirement, making both options accessible for users.

The analysis is based on current Banksparency database records

* This content is provided for informational purposes only; always verify details with the provider.

Verify At
Affirm

Non-sponsored link to official site

Verify At
Wealthfront

Non-sponsored link to official site

Top Market Contenders

CIT Bank
3.75% APY
Ally Bank
3.30% APY
American Express
3.30% APY

Affirm vs. Wealthfront Savings Calculator

Calculations based on current APY for Affirm Money Account and Cash Account
$
$

You earn $22.5 more with Wealthfront than Affirm on a $10,000 initial deposit for 1 year*.

*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.

Affirm

Affirm Money Account

3.20% APY

Savings Breakdown

  • Interest Earned
    +$320.00(3.1%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,320.00

Effective APY
3.20%

Wealthfront

Cash Account

3.90% APY

Promo Rate: 3.90% for 3 months, then 3.25%.

Savings Breakdown

  • Interest Earned
    +$342.50(3.3%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,342.50

Effective APY
3.42%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

FeatureAffirmWealthfront
APY
3.20%
Verified: 1/12/2026
↘︎ 0.40%90d Change
3.90%
Range: 3.25% - 3.90%
Verified: 1/12/2026
-
Product NameAffirm Money AccountCash Account
Minimum Deposit$0$0
Min. Balance for APY$0$0
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.9
Android4.8
iOS4.8
Android4.9
Zelle® Support
Not Supported
Not Supported
BBB RatingA+F
Important NotesWhile 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 3.90% for 3 months, after which the 3.25% APY applies. See terms at Wealthfront.
Next Steps
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📈 Compare Savings Rates Over Time

Historical Performance

Last 2 Months Analysis
MetricAffirmWealthfront
Affirm Money AccountCash Account
Current APY
3.20%3.90%
Trend
Stable Stable
Velocity (bps/mo)
-2.5-18.6
Days Since Change
624
2-Month High
3.85%4.15%
2-Month Low
3.20%3.90%
Adjustments / Mo
1.500.50
Volatility Score
0.0540.031
How to read these metrics(Click to expand)

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.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/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 60-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.

More Comparisons

Compare Affirm's APY of 3.20% with other banks
Bank PairCompetitor APYMin Deposit
Affirm vs Ally Bank3.30%$0
Affirm vs American Express3.30%$0
Affirm vs Axos Bank4.31%$0
Affirm vs Bank of America0.01%$100
Affirm vs Barclays4.00%$0
Affirm vs Bask Bank3.75%$0
Affirm vs Betterment3.25%$10
Affirm vs BMO Alto3.25%$0
Affirm vs Bread Savings4.05%$100
Affirm vs BrioDirect3.75%$5,000
Affirm vs Capital One3.30%$0
Affirm vs Carver Bank4.00%$5,000
Affirm vs Charles Schwab Bank0.15%$0
Affirm vs Chase Bank0.01%$0
Affirm vs Chime3.50%$0
Affirm vs CIT Bank3.75%$100
Affirm vs Citibank3.30%$0
Affirm vs Citizens Access™3.15%$0.01
Affirm vs Climate First Bank4.21%$50
Affirm vs Colorado Federal Savings Bank4.05%$50,000
Affirm vs Discover Bank3.30%$0
Affirm vs E*TRADE from Morgan Stanley3.50%$0
Affirm vs Elevault3.82%$0
Affirm vs EverBank3.90%$0
Affirm vs Fitness Bank4.75%$100
Affirm vs FNBO Direct3.00%$1
Affirm vs Forbright Bank3.85%$0
Affirm vs FVCbank3.85%$500
Affirm vs GO2bank4.50%$0
Affirm vs Ivy Bank4.10%$2,500
Affirm vs Jenius Bank4.05%$0
Affirm vs LendingClub4.00%$0
Affirm vs Marcus by Goldman Sachs3.65%$0
Affirm vs MutualOne Bank4.07%$20,000
Affirm vs My Banking Direct4.02%$500
Affirm vs Neighbors Bank4.30%$0
Affirm vs Newtek Bank4.35%$0.01
Affirm vs Openbank4.20%$500
Affirm vs Peak Bank3.99%$100
Affirm vs Pibank4.60%$0
Affirm vs PNC3.30%$0
Affirm vs Popular Direct3.90%$100
Affirm vs Presidential Bank3.75%$5,000
Affirm vs Quontic Bank3.50%$100
Affirm vs Salem Five Direct3.61%$10
Affirm vs Sallie Mae Bank3.90%$0
Affirm vs Santander Bank0.01%$25
Affirm vs SoFi Bank4.00%$0
Affirm vs Synchrony Bank3.65%$0
Affirm vs TD Bank2.60%$0
Affirm vs TIMBR4.15%$1,000
Affirm vs UFB Direct3.46%$5000
Affirm vs Upgrade3.05%$0
Affirm vs Valley Direct4.00%$1,000
Affirm vs Varo Bank5.00%$0
Affirm vs Vio Bank4.09%$100
Affirm vs Wells Fargo0.05%$25
Affirm vs Zynlo Bank3.85%$10
Compare Wealthfront's APY of 3.90% with other banks
Bank PairCompetitor APYMin Deposit
Wealthfront vs Ally Bank3.30%$0
Wealthfront vs American Express3.30%$0
Wealthfront vs Axos Bank4.31%$0
Wealthfront vs Bank of America0.01%$100
Wealthfront vs Barclays4.00%$0
Wealthfront vs Bask Bank3.75%$0
Wealthfront vs Betterment3.25%$10
Wealthfront vs BMO Alto3.25%$0
Wealthfront vs Bread Savings4.05%$100
Wealthfront vs BrioDirect3.75%$5,000
Wealthfront vs Capital One3.30%$0
Wealthfront vs Carver Bank4.00%$5,000
Wealthfront vs Charles Schwab Bank0.15%$0
Wealthfront vs Chase Bank0.01%$0
Wealthfront vs Chime3.50%$0
Wealthfront vs CIT Bank3.75%$100
Wealthfront vs Citibank3.30%$0
Wealthfront vs Citizens Access™3.15%$0.01
Wealthfront vs Climate First Bank4.21%$50
Wealthfront vs Colorado Federal Savings Bank4.05%$50,000
Wealthfront vs Discover Bank3.30%$0
Wealthfront vs E*TRADE from Morgan Stanley3.50%$0
Wealthfront vs Elevault3.82%$0
Wealthfront vs EverBank3.90%$0
Wealthfront vs Fitness Bank4.75%$100
Wealthfront vs FNBO Direct3.00%$1
Wealthfront vs Forbright Bank3.85%$0
Wealthfront vs FVCbank3.85%$500
Wealthfront vs GO2bank4.50%$0
Wealthfront vs Ivy Bank4.10%$2,500
Wealthfront vs Jenius Bank4.05%$0
Wealthfront vs LendingClub4.00%$0
Wealthfront vs Marcus by Goldman Sachs3.65%$0
Wealthfront vs MutualOne Bank4.07%$20,000
Wealthfront vs My Banking Direct4.02%$500
Wealthfront vs Neighbors Bank4.30%$0
Wealthfront vs Newtek Bank4.35%$0.01
Wealthfront vs Openbank4.20%$500
Wealthfront vs Peak Bank3.99%$100
Wealthfront vs Pibank4.60%$0
Wealthfront vs PNC3.30%$0
Wealthfront vs Popular Direct3.90%$100
Wealthfront vs Presidential Bank3.75%$5,000
Wealthfront vs Quontic Bank3.50%$100
Wealthfront vs Salem Five Direct3.61%$10
Wealthfront vs Sallie Mae Bank3.90%$0
Wealthfront vs Santander Bank0.01%$25
Wealthfront vs SoFi Bank4.00%$0
Wealthfront vs Synchrony Bank3.65%$0
Wealthfront vs TD Bank2.60%$0
Wealthfront vs TIMBR4.15%$1,000
Wealthfront vs UFB Direct3.46%$5000
Wealthfront vs Upgrade3.05%$0
Wealthfront vs Valley Direct4.00%$1,000
Wealthfront vs Varo Bank5.00%$0
Wealthfront vs Vio Bank4.09%$100
Wealthfront vs Wells Fargo0.05%$25
Wealthfront vs Zynlo Bank3.85%$10