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Cant beat WF apy
Expand/explain plz?
I concur. Stick with the highest. While everyone else dropped their APY, WF increased and made a statement about it
Is wealthfront FDIC though? I thought they were trying to protect the funds through sipc but that won’t work...
1 million. They split your money across 4 banks
Wf is FDIC insured
I didn't even know WF existed! Thanks OP
I’m with Ally, and I like it better than WF because it’s been around longer and has had more stability over time
You can use it for a cash account.
There's also Personal Capital Cash. Also FDIC insured.
Thoughts on WF’s customer service? I noticed you are unable to call them
They reply pretty quickly to emails. I haven’t had a problem
I thought Deloitte didn’t allow you to use these.
I would go with sofi, Instant access to your money where Wealthfront makes you wait 3-5 days, sofi has faster customer service, and their interest isn’t too far off. 2.25 compared to Wealthfronts 2.57
https://www.sofi.com/share/money/1733387/