Articles under “Wealthfront news”
Stay updated on Wealthfront company news, including new product releases, key executive hires, and major milestones.
Our cash account has gotten over $1 billion in deposits in less than a month, earning clients over $2.5 million in interest. And now a great thing is even better: We’re raising the annual percentage yield (APY) on our cash account from 2.24% to 2.29%Read more
Today, our Portfolio Line of Credit, which gives clients fast access to cash for up to 30% of the value of their taxable investment account, is available to all Wealthfront clients with a taxable account of $25,000 or more. It’s an effortless option when you need some quick cash to cover a tax or credit card bill or to kick off a large purchase, like a new car or home renovation.Read more
Since we launched our cash account, we’ve been asked one question far more often than any other: how are we able to get you 2.24% APY interest on your money, especially considering that traditional banks only pay 0.10% APY on average? The answer is simple: Those banks are able to pay more, too — they just don’t.Read more
Today we are excited to announce that the Wealthfront FDIC Insured Cash Account is available for everyone! Earn 2.24% APY with no fees, unlimited transfers, and FDIC insurance covering up to $1 million.Read more