2.51% APY!
TL;DR: Wealthfront has created an account with 2.51% APY. It’s also FDIC-insured for up to $1 million.
That’s right – a new, relatively simple account to hold your net worth. This account thus far is the highest interest-bearing you’ll find without any requirements other than a minimum $1 balance. It’s also FDIC-insured up to $1 million (instead of the usual $250k). Pretty sweet!
Happy Wealthfront’ing,
TheJKW