Articles under “cash”

Our Portfolio Line of Credit Is Fast, Easy — And Now Available To More Wealthfront Clients

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.

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How The High Interest Rate On Wealthfront Cash Accounts Does What Banks Refuse To Do

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.

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Start Earning 2.24% APY on Your Cash Today

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.

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Should You Pay Off Debt Or Invest? Here’s The Real Answer

When you have some extra cash, how to do you decide whether to invest it or put it toward paying down debt? We fully unpacked this surprisingly complex quandary, complete with considering emergency funds, toxic debt, and weighing interest rates.

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