SuperMoney
  Wealthfront Checking Account
Wealthfront Checking Account
in Checking Accounts from Wealthfront
Unaffiliated

Wealthfront Checking Account

Unaffiliated
in Checking Accounts from Wealthfront
Not enough votes for recommendation

Not enough votes for recommendation

Explore a similar product
Try this top product in Checking Accounts.
First Tech Rewards Checking®
First Tech Rewards Checking®

Rating not yet determined  

2 reviews
Highlights
Cashback Rewards N/A
APY (Annual Percentage Yield) 2.55%
(Verified 10/17/2022)
Monthly Fee $0
(Verified 10/13/2022)
Minimum Balance to Avoid Monthly Fee N/A

Wealthfront Checking Account Review

Wealthfront Checking Account is offered by Wealthfront, founded in 2011 and based in Palo Alto, CA. Wealthfront Checking Account are available in 50 states (and Washington, DC).

Key Takeaways

  • $30 Bonus offer. Open a new account and you can get up to $30 with required activities. Minimum deposit of $500 required to be eligible for a signup bonus (see terms and conditions for more details).
  • Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 2.55%, which is much higher than the average for a checking account.
  • No minimum initial deposit. There is no minimum balance required to open an account online.

Wealthfront Checking Account Pros & Cons

Pros Cons
  • Unlimited fee-free transfers and fast transfers to your investing portfolio.
  • Support for Venmo, Cash App, Apple Pay, Google Pay, and PayPal.
  • Offers a $30 bonus offer.
  • Available in all 50 states.
  • High variable APY.
  • Does not offer mobile check deposits.
  • Does not provide access to a nationwide ATM network.
  • Does not come with a debit card
  • Not FDIC-insured.
  • Charges a higher than average fee on out-of-network ATM transactions.

Wealthfront Checking Account FAQ

Are checking accounts from Wealthfront federally insured?

No, your Wealthfront checking accounts are not insured by a federal insurance agency. This means that if Wealthfront were to fall into financial difficulties, your deposits are not covered by a government-backed insurance fund like the FDIC or NCUSIF.

What APY does Wealthfront Checking Account offer?

Wealthfront Checking Account Rates & Terms
Description
APY (Annual Percentage Yield) 2.55%

Wealthfront Checking Account offers an APY of 2.55% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.

What are the account minimums for Wealthfront Checking Account?

Wealthfront Checking Account does not require a minimum initial deposit.

Wealthfront Checking Account Minimums
Description
Minimum Opening Deposit $0

What fees does Wealthfront Checking Account charge?

This account charges a monthly service fee of $0.

Wealthfront Checking Account Fees
Description
Monthly Fee $0
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $2.50
Bank Teller Fee $2.50
Foreign Transaction Fee (Debit Card) 2.75%

What features and perks does Wealthfront Checking Account offer?

This account includes the following features:

  • $30 Bonus offer. Open a new account and you can get between $30 up to $30 with required activities. Minimum deposit of $500 required to be eligible for a signup bonus (see terms and conditions for more details).

What is the customer support email for Wealthfront Checking Account?

The customer support email for Wealthfront Checking Account is support@wealthfront.com.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Other Services by Wealthfront

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Minimum Opening Deposit $0
Monthly Fee $0
(Verified 10/13/2022)
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $2.50
Bank Teller Fee $2.50
Foreign Transaction Fee (Debit Card) 2.75%
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required
  • Proof of Identity
  • Proof of Residence
  • Government Issued Photo ID
  • Social Security Number
Signup Bonus $30
Signup Deposit Requirement $500
APY (Annual Percentage Yield) 2.55%
(Verified 10/17/2022)

Be the first to rate

 

Would you recommend Wealthfront Checking Account to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

Other Checking Accounts