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Disclosure
We’ve partnered with Inexperienced Dot Financial institution. The checking options supplied in your Wealthfront Money account are supplied by and the Wealthfront Visa® Debit Card is issued by Inexperienced Dot Financial institution, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa Worldwide Service Affiliation. Checking options for the Money Account are topic to id verification by Inexperienced Dot Financial institution and the Wealthfront Visa® Debit Card is elective and should be requested. Wealthfront services will not be supplied by Inexperienced Dot Financial institution. Inexperienced Dot Financial institution operates beneath the next registered commerce names: GO2bank, GoBank and Bonneville Financial institution. All of those registered commerce names are utilized by, and seek advice from, a single FDIC-insured financial institution, Inexperienced Dot Financial institution. Deposits beneath any of those commerce names are deposits with Inexperienced Dot Financial institution and are aggregated for deposit insurance coverage protection.
Price-free ATM entry applies to in-network ATMs solely. For out-of-network ATMs and financial institution tellers a $2.50 charge will apply, plus any extra charge that the proprietor or financial institution could cost. Charges and Eligibility necessities could apply to sure checking options, please see the Deposit Account Settlement for particulars. Copyright 2023 Inexperienced Dot Company. All rights reserved.
Money Account is obtainable by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), a Member of FINRA/SIPC. Neither Wealthfront Brokerage nor any of its associates are a financial institution, and Money Account is just not a checking or financial savings account. We convey funds to accomplice banks who settle for and preserve deposits, present the rate of interest, and supply FDIC insurance coverage. Funding administration and advisory providers–which aren’t FDIC insured–are supplied by Wealthfront Advisers LLC (“Wealthfront Advisers”), an SEC-registered funding adviser, and monetary planning instruments are supplied by Wealthfront Software program LLC (“Wealthfront”).
The Annual Share Yield (APY) for the Money Account could change at any time, earlier than or after the Money Account is opened. The APY for the Wealthfront Money Account represents the weighted common of the APY on the mixture deposit balances of all purchasers on the program banks. Deposit balances will not be allotted equally among the many collaborating program banks.
The money steadiness within the Money Account is swept to a number of banks (the “program banks”) the place it earns a variable price of curiosity and is eligible for FDIC insurance coverage. FDIC insurance coverage is just not supplied till the funds arrive on the program banks. FDIC insurance coverage protection is proscribed to $250,000 per certified buyer account per banking establishment. Wealthfront makes use of a couple of program financial institution to make sure FDIC protection of as much as $3 million on your money deposits. For extra info on FDIC insurance coverage protection, please go to www.FDIC.gov. Prospects are chargeable for monitoring their complete belongings at every of this system banks to find out the extent of obtainable FDIC insurance coverage protection in accordance with FDIC guidelines. The deposits at program banks will not be coated by SIPC.
The knowledge contained on this communication is supplied for common informational functions solely, and shouldn’t be construed as funding or tax recommendation. Nothing on this communication needs to be construed as tax recommendation, a solicitation or provide, or advice, to purchase or promote any safety. Any hyperlinks supplied to different server websites are supplied as a matter of comfort and will not be meant to indicate that Wealthfront Advisers or its associates endorses, sponsors, promotes and/or is affiliated with the house owners of or contributors in these websites, or endorses any info contained on these websites, except expressly said in any other case.
Wealthfront, Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Company.
Copyright 2023 Wealthfront Company. All rights reserved.
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