Go2bank vs. Wealthfront

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

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Summary of GO2bank vs. Wealthfront

Key Metrics at a Glance

FeatureGO2bankWealthfront
Top Savings APY

4.50%

High Yield Savings

4.15%

Cash Account

Minimum to Open$0$0
Minimum Balance for Top APY$0$0
NoteThe 4.50% APY is up to 5,000. Balances above that earn no interest.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.

GO2bank

Strengths

  • GO2bank offers a higher APY of 4.50% compared to Wealthfront's 4.15%.
  • GO2bank has no minimum balance requirement for its High Yield Savings account.
  • GO2bank's App Store rating is 4.8, matching Wealthfront's.

Potential Drawbacks

  • GO2bank charges a $5 monthly maintenance fee unless direct deposit is set up.
  • GO2bank is not BBB Accredited and has no rating.

Wealthfront

Strengths

  • Wealthfront has a higher Google Play rating of 4.9 compared to GO2bank's 4.5.
  • Wealthfront has no maintenance fees for its Cash Account.

Potential Drawbacks

  • Wealthfront's APY drops to 3.50% after the initial 3-month period.
  • Wealthfront has an F rating from the BBB and is not accredited.
Summary: GO2bank offers a higher APY of 4.50% versus Wealthfront's initial 4.15%, which drops to 3.50% after three months. Both banks have no minimum balance requirements, but GO2bank imposes a $5 monthly fee without direct deposit. Wealthfront has a better Google Play rating, while GO2bank lacks a BBB rating. Overall, GO2bank is more favorable for higher long-term returns, while Wealthfront has a fee-free structure.

→ As of November 12, 2025 GO2bank offers an APY of 4.50% for its High Yield Savings account, with a minimum balance of $0, compared to Wealthfront's 4.15% APY for its Cash Account, with a minimum balance of $0.

Wealthfront yields $190 more than GO2bank on a $10,000 balance after one year. GO2bank pays $225 (with an effective APY of 2.25%), while Wealthfront pays $415 - an APY advantage for Wealthfront.

Calculate Savings Growth for GO2bank vs Wealthfront

All calculations are based on APY.

GO2bank - High Yield Savings

Top APY: 4.50%

ℹ️You earn 4.50% on the first $5,000 and 0.00% on the rest.

Total savings breakdown:

  • Interest earned: $1,230.9 (6.40%)
  • Total contributions: $13,000 (67.60%)
  • Initial deposit: $5,000 (26.00%)

Your total balance

$19,230.90

Effective APY: 2.08% (based on your deposit and contributions)

Total balance: $19,230.9

Earnings: $1,230.9

Bank Overview

Wealthfront - Cash Account

Top APY: 4.15%

Total savings breakdown:

  • Interest earned: $2,531.8 (12.33%)
  • Total contributions: $13,000 (63.32%)
  • Initial deposit: $5,000 (24.35%)

Your total balance

$20,531.80

Effective APY: 4.15% (based on your deposit and contributions)

Total balance: $20,531.8

Earnings: $2,531.8

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, GO2bank's total earnings would be $1,300.9 lower than Wealthfront's total earnings.

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

Compare GO2bank's vs Wealthfront's Savings Accounts

GO2bankWealthfront
ProductHigh Yield SavingsvsCash Account
APY
0.00% - 4.50% (as of 11/12/2025)3.50% - 4.15% (as of 11/12/2025)
Bundled Account
NoNo
FDIC-insured
YesYes
Online OnlyYesYes
Compound Frequency
QuarterlyDaily
Minimum Deposit$0$0
Minimum Balance for APY$0$0
Maintenance Fee$5 per month, unless you set up direct deposit$0
Direct Deposit Required
NoNo
NoteThe 4.50% APY is up to 5,000. Balances above that earn no interest.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.
App Store Rating4.8/54.8/5
Google Play Rating4.5/54.9/5
BBB RatingNot RatedF

No historical data available.

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