Articles under “apy”

Ally and Marcus Lowered Interest Rates During The Same Week The Wealthfront Cash Account APY Increased: Here’s Why That Might’ve Happened

Two popular banks offering high-interest savings accounts — Goldman Sachs’s Marcus and Ally Bank — cut their interest rates by 0.1% to 2.15% and 2.1% respectively within 48 hours of Wealthfront’s cash APY going up again. So why did this happen?

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The Wealthfront Cash Account Now Has a 2.51% APY, The Highest Rate On The Market

The Wealthfront Cash Account now has an APY of 2.51%. Why do we keep raising the APY on our cash account?

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