All Insights|Future Nexus
fintechFebruary 14, 2019

Wealthfront Launching High-Yield Savings Account

The robo-advisor is expanding their product offering to savings accounts which is a common theme these days; clients can open up a savings account with just $1 and earn an interest rate of 2.24%; this is competitive with some of the highest yielding savings accounts currently offered; the company currently has $11.5 billion in assets under management. Source