Wealthfront: Save and Invest

4.9
7.63K reviews
100K+
Downloads
Content rating
Everyone
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About this app

EARN 5.00% APY ON YOUR CASH
With our Cash Account, we work with partner banks so you can earn 10x the national average interest rate and get 32x the standard FDIC insurance ($8M for single accounts, $16M for joint accounts). Plus, skip the account fees, and make unlimited fee-free transfers. It’s easy to spend, save, and organize your cash, and it’s easy to move your money to invest within minutes when you’re ready.

HIGHER YIELD, LOW-RISK BOND ETFS
Our Automated Bond Portfolio is a diversified mix of bond ETFs that’s easy to manage and easy to cash out. Designed for a higher yield than savings with less risk than stocks and personalized to your tax situation, it’s an ideal place to save for your near-term goals.

AUTOMATE YOUR INVESTMENTS
Hands-off investing made easy. Start by answering a few questions, and we’ll recommend a globally-diversified portfolio of automated index funds that’s personalized for you. We’ll handle the trades, reinvest your dividends, and help to lower your taxes with Tax-Loss Harvesting.

INVEST IN STOCKS WITH ZERO COMMISSIONS
Skip countless hours of research and get the due diligence done for you with our Stock Investing Account. We make it easier to explore investing themes and opportunities to help you find more companies that aren’t on your radar (yet!). It’s your shortcut to smarter stock investing.

BUILD YOUR WEALTH IN ONE PLACE
Get a big-picture view of your finances and make sure you’re on track now and into retirement. Say goodbye to multiple apps and forgotten passwords, and take the guesswork out of building wealth.

Disclosures

Product interface images are for illustrative purposes only and securities displayed aren’t endorsements or recommendations. Any performance figures displayed aren’t representative of actual performance.

The national average interest rate is based on FDIC.gov, as of November 3, 2023.

Nerdwallet receives cash compensation for referring potential clients to Wealthfront Advisers, LLC (“WFA”) via advertisements placed on their respective websites. Nerdwallet and WFA are not associated with one another and have no formal relationship outside of this arrangement. Nerdwallet’s opinions are their own. Their ratings are determined by their editorial team. The scoring formula for online brokers and robo-advisors takes into account over 15 factors, including account fees and minimums, investment choices, customer support and mobile app capabilities. Nerdwallet ranking as of January 2023. © 2017-2023 and TM, NerdWallet, Inc. All Rights Reserved.

Bankrate's endorsement was voluntarily given and Wealthfront has no formal relationship with Bankrate.

Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), a Member of FINRA/SIPC. Neither Wealthfront Brokerage nor any of its affiliates are a bank, and Cash Account is not a checking or savings account. We convey funds to partner banks who accept and maintain deposits, provide the interest rate, and provide FDIC insurance. Rate is subject to change. Investment management and advisory services--which are not FDIC insured--are provided by Wealthfront Advisers LLC (“Wealthfront Advisers”), an SEC-registered investment adviser, and financial planning tools are provided by Wealthfront Software LLC (“Wealthfront”). The Stock Investing Account is a limited-discretion investment product offered by Wealthfront Advisers.

All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Nothing in this communication should be construed as tax advice, a solicitation or offer, or recommendation, to buy or sell any security.

Wealthfront, Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Corporation.
Updated on
May 13, 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Personal info, Photos and videos and 2 others
This app may collect these data types
Personal info, Financial info and 5 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

4.9
7.51K reviews
Chris S
March 1, 2024
I don't write good reviews often, but this app and account is one of the better banking apps I have used. The UI and account management are highly transparent. The fees are low, the earned interest rate is high, and the flexibility of transferring funds internally and externally is very fairly executed. Only con is no third party external wire transfers, but that seems somewhat standard among starter hybrid banking-brokerage accounts.
35 people found this review helpful
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Renz Santos
January 21, 2024
An extremely user-friendly app for account management. The UI is easy to navigate around. It is simple to transfer money in and out of the cash accounts and the automated smart transfer to put them in different categories helps organized your budgeting and spending needs. The money transfer, though, could be a little quicker, as it takes a few days for me to see the transferred amount on my account. An enormous benefit is the high yield savings you can use to hold your emergency cash.
38 people found this review helpful
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Pat Cavanagh
December 26, 2023
I really like this platform for it's ease of use, clean and attractive UI, very easy to transfer money in and out of cash accounts as well as investment accounts. New same day or one day. Cash transfers are really nice as well. I just wish the process for liquidating a stock position was faster. All in all, I still really like it and continue to use it as a really great option for a high yield cash account for cash savings. I use other platforms for primary investing but love this for savings!
31 people found this review helpful
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What's new

We release the Wealthfront app every week for latest product launch / quality improvements / bug fixes and other updates. Be sure to keep your app to the latest version for the best experience!