{"@context":"https://schema.org","@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Is 4.00% APY a promotional rate? Will it change on me?","acceptedAnswer":{"@type":"Answer","text":"Short answer: No, it’s not a promotional rate. And yes, it is subject to change. Long answer: The APY you see on\n      this page is the rate our own employees receive. We’ll always notify you when the Cash Account rate changes — which\n      generally happens in response to a change in the Federal Funds Rate, or when there’s a significant change in the rates\n      our program banks pay us to hold our clients’ deposits."}},{"@type":"Question","name":"When do I collect that sweet, sweet interest?","acceptedAnswer":{"@type":"Answer","text":"Your interest accrues daily based on your current balance, and pays out near the beginning of each month. "}},{"@type":"Question","name":"But what if I want to withdraw my money?","acceptedAnswer":{"@type":"Answer","text":"It’s your money, so you can withdraw it whenever you want, with no fees. If your external account is in the RTP®\n      or FedNow® Network, it’s eligible for free instant withdrawals when you request as late as 6pm PT / 9pm\n      ET every day, even on weekends and holidays! For other accounts, withdrawals usually take only one business day to arrive\n       — although if it’s from a recent deposit, it may take a few extra days to process."}},{"@type":"Question","name":"How hard is it to transfer from savings to investing?","acceptedAnswer":{"@type":"Answer","text":"So not hard at all! Money can usually be transferred to your Automated Investing Account in minutes, and can also be invested in minutes when the market’s open."}},{"@type":"Question","name":"Is my money safe with Wealthfront?","acceptedAnswer":{"@type":"Answer","text":"Exceptionally safe. Your money gets up to 8 million in FDIC insurance\n    (or $16 million for joint accounts). This is possible because we aren’t a bank — we sweep your deposits to\n    program banks (each with its own federally-insured $250,000 limit) who provide the FDIC insurance. As a result,\n    you get 32x the FDIC insurance on your money in a Wealthfront Cash Account.\n    Beyond the federal backstop provided by the FDIC, we keep your money secure by complying with the rules of\n    our federal regulators, protecting your data with robust security practices , and conducting annual third-party\n    accounting audits."}},{"@type":"Question","name":"How many fees are there?","acceptedAnswer":{"@type":"Answer","text":"None! Zilch! Nada! We’ve never charged any account fees for the Cash Account, and we never will."}}]}