Wealthfront is an online-only investing and banking platform. Its cash account acts as a hybrid savings and checking account. It started as a high-yield savings account, but beginning July 1, all customers will have access to checking features through this account.
Meanwhile, you'll still be earning a higher rate than what you'd earn with a traditional checking account. You also have access to aYou only need $1 to open a Federal law restricts people to six transactions per month from traditional savings accounts — but because thebanks can provide FDIC insurance
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