Wealthfront Signup Bonus
Wealthfront has a high yield Cash Account that is now offering a very good interest rate of 5.00% APY. On top of that, there’s also a signup bonus between $60 and $650, based on the amount of money that you deposit. This is really a brokerage account, but investing is not required. You can open an account with as little as $1 and it is FDIC insured up to $1 million. Let’s see the details of this Wealthfronts signup bonus.
The Offer
When you open your first Cash Account, not only will you earn a 5%.00 APY on all your uninvested cash, 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
- Deposit $50,000+, Earn $125
- Deposit $100,000+, Earn $250
- Deposit $250,000+, Earn $650
Once your new account is open, you’ll have 30 days to make deposits across any of your Wealthfront accounts towards a qualifying balance. Your Bonus Tier will be determined by the total amount of deposits you make into your Cash Account, as well as any other personal Wealthfront accounts you open.
Important Terms
- Market appreciation, interest, dividends, and any bonuses will not be counted toward your Qualifying Deposits.
- Once your Initial Deposit Period has ended, your Bonus Tier will be locked in, and you cannot move to a different Bonus Tier.
- 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.
- Bonuses are not cumulative and you can only earn one Bonus by participating in this Program.
- Participants in the Program are not eligible for any other Wealthfront account opening promotions, and are not eligible to receive any other Cash Account incentives or promotions while earning or receiving Bonus payments.
Guru’s Wrap-up
This is the a very good rate and you can also earn a signup bonus. The offer is available nationwide and you don’t need to compete any additional steps to earn the bonus or the interest rate. You just need to deposit the required amount for each bonus tier.
HT: DoC
Leave a Reply