Cash Accounts news and trends

New Wealthfront Cash Accounts Bring In $1B Since Feb

April 24, 2019
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New Wealthfront Cash Accounts Bring In $1B Since Feb

April 24, 2019
Wealthfront’s new cash accounts have brought in $1 billion in customer deposits since the company launched the offering in February. The accounts give customers a higher-than-average, 2.24 percent interest rate. Now, because of the company’s billion-dollar achievement, Wealthfront is raising the interest rates to 2.29 percent. “Once we passed $1 billion dollars in deposits, we were able […]