Wealthfront Offers 5% APY and Up to $650 Signup Bonus
Wealthfront is offering a 5.00% APY for its high-yield Cash Account and also a signup bonus that can go as high as $650 depending on the amount of money that you deposit within the first 30 days. This is really a brokerage account, but investing your money is not required. Let’s see the details.
The Offer
Open your first Cash Account and earn a 5.00% APY on all your uninvested cash, and for a limited time you’ll earn a cash sign-up bonus on larger deposits with our Bigger Deposit Bonus. Here’s how the bonus works:
- Deposit $25,000+, Earn $60 Bonus
- Deposit $50,000+, Earn $125 Bonus
- Deposit $100,000+, Earn $250 Bonus
- Deposit $250,000+, Earn $650 Bonus
Once your new account is open, you’ll have 30 days to make deposits across any of your Wealthfront accounts towards a qualifying balance.
Key Terms
- Market appreciation, interest, dividends, and any bonuses will not be counted toward your Qualifying Deposits.
- The Bonus will be paid in three monthly installments via your Cash Account. In order to receive the full Bonus, you must maintain at least the minimum aggregate amount of Qualifying Deposits that are required for your specific Bonus Tier across your personal Wealthfront accounts until you have received all three payment installments; however, you may transfer your Qualifying Deposits to any of your other personal Wealthfront accounts at any time and maintain your Qualifying Deposits in any of those accounts.
- If you make one or more withdrawals that result in your Qualifying Deposits dropping below the minimum required qualifying amount for your Bonus Tier at any time after the Initial Deposit Period ends, or if you close your Cash Account, you will forfeit any remaining Bonus payments.
- Balance changes due to market depreciation will not be deemed to reduce your Qualifying Deposits.
- Participants in the Program are not eligible for any other Wealthfront account opening promotions.
Conclusion
This is a very competitive interest rate that you can earn with any deposit amount. But depending on how much your transfer to your Wealthfront account within the first 30 days, you can also earn a signup bonus. The offer is available nationwide.
HT: Doctor of Credit
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