Wealthfront’s current APY:

3.80%

With boost: 4.30%

What is Wealthfront’s APY?

Wealthfront’s APY is 3.80%, one of the best in the market as of February 04, 2023, and more than 10x the national average. New customers can get a 0.5% APY boost, bringing the total APY to 4.30% (for a duration of 3 months)! Click this link to claim your APY boost.

Does Wealthfront charge account fees?

Wealthfront does not charge account fees. You can open an account with as little as $1 and never pay any maintenance fees or service fees.

What’s the difference between APY and APR?

APY stands for “annual percentage yield” and APR stands for “annual percentage rate.” APY measures the total amount of interest that is earned on a deposit over the course of a year, while APR is a measure of interest plus additional fees that are charged on a loan over the course of a year. The main difference between APY and APR is that APY takes into account the effect of compound interest, while APR does not. This means that APY is generally a more accurate representation of the total cost of borrowing or earning money, as it includes the effect of interest being earned on top of previous interest.

Can I earn more than Wealthfront’s advertised APY?

Your mileage may vary, but some Wealthfront Cash Account users have been offered an additional .5% (half a percent) APY when they refer a new user to the platform.

Maximize your Wealthfront earnings

Make sure to use a referral link if you’re signing up for Wealthfront for the first time. New users get $30 in free cash, no questions asked.