80
good

Wealthfront: Save and Invest | unitQ Score

The unitQ score is the fraction of public feedback data (iOS & Android) that mentions quality issues.
100 = No Issues. 50 = Some Issues. 0 = All Issues
4 Points Past 30 Days
Category: Finance
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30-Day Trend
 
Poor
 
Fair
 
Good
 
Epic
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Android unitQ Score
Android User Feedback
81%
Android
48 Reports
iOS unitQ Score
iOS User Feedback
19%
iOS
11 Reports
User Feedback
19%
iOS
11 Reports
81%
Android
48 Reports
Wealthfront: Save and Invest - Latest Quality Issues
Android
Dec 31, 2024
Really bad service I made a account and put 50 dollars in it they said that they never received any money I made it this is a big scam I don't think i will put money in this ever again send me a phone number customer service
iOS
Dec 31, 2024
Good UI except…
Good UI except when you have to drag to start a transfer. Why do I fail multiple times and have to keep dragging it because apparently dragging it all the way to the right is impossible to do on your first try???
Android
Jan 1, 2025
Used the website; it's beautiful. I exclusively used this to deposit my savings. One day I withdrew within their daily limit and found out a few days later my account was closed with no notice. Customer service is atrocious. Sent two emails last month, ignored. Sent another last week, ignored. Called, told me they closed it, can't help, then hung up on me. Emailed again trying to open it, they dismissed me. Awful experience. 12/31: "top notch" is a lie. Two weeks later and still being ignored.
iOS
Jan 8, 2025
Why offer
Why offer a joint account but not the features to go with it, completely waste of time to even sign up
iOS
Jan 15, 2025
Delay
Hey I like everything. It's very straight forward and understandable for new users like me. But the delay on accounts I don't like, and it's not a short delay but a 24 hours. Is it very necessary hopefully we can get it adjusted
iOS
Jan 21, 2025
Chart interaction became choppy
App got really slow in a recent update. Dragging your finger around d the chart is choppy.
iOS
Jan 23, 2025
Selling stock
I hate that it literally takes 2-3 days to sell a stock out of your portfolio, and until that stock is sold, you cannot make any other Sells, literally terrible
iOS
Jan 25, 2025
It’s not perfect
I really want to believe in Wealthfront, I do. I moved a significant amount of money from an old HYSA and opened a cash account here. I've had very simple automatic transfers fail THREE times now! Customer support feels almost useless and plays the “it's not our fault, it's yours or their fault”, with no accountability. I'm reluctant to move anymore over because of this reason. These transactions were few and not even for very much money. My entire life is as automated as possible, so I need these systems to actually work when they are supposed to. Especially when they end up costing time, energy and unneeded fees. I don't need my other financial institutions thinking that I am a liability because Wealthfront can't follow through on their end. I will see how this next year goes and either stay or leave if this keeps happening.
iOS
Jan 27, 2025
Avoid App - DO NOT USE AS CHECKING ACCOUNT
I never write reviews, but I feel obligated to this time around because it could save someone else in the future. Recently wealthfront failed a money transfer with no mention of it whatsoever. In my case it was my brokerage and because of this I can no longer link my account with them. In other cases I've read this has happened with someone's loan payment which is completely unacceptable. Please do yourself a favor and apply to a more reputable bank. Stuff like this may only happen once in a while, but it is better to prevent it from occurring in the first place.
Wealthfront: Save and Invest - Product Description
EARN 4.80% APY ON YOUR CASH 
With our Cash Account, we work with partner banks so you can earn 11x the national average interest rate and get 20x the standard FDIC insurance ($5M for single accounts, $10M for joint accounts). Plus, skip the account fees, and make unlimited fee-free transfers. It’s easy to spend, save, and organize your cash, and it’s easy to move your money to invest within minutes when you’re ready.

HIGHER YIELD, LOW-RISK BOND ETFS
Our Automated Bond Portfolio is a diversified mix of bond ETFs that’s easy to manage and easy to cash out. Designed for a higher yield than savings with less risk than stocks and personalized to your tax situation, it’s an ideal place to save for your near-term goals.

AUTOMATE YOUR INVESTMENTS
Hands-off investing made easy. Start by answering a few questions, and we’ll recommend a globally-diversified portfolio of automated index funds that’s personalized for you. We’ll handle the trades, reinvest your dividends, and help to lower your taxes with Tax-Loss Harvesting.

INVEST IN STOCKS WITH ZERO COMMISSIONS
Skip countless hours of research and get the due diligence done for you with our Stock Investing Account. We make it easier to explore investing themes and opportunities to help you find more companies that aren’t on your radar (yet!). It’s your shortcut to smarter stock investing.

BUILD YOUR WEALTH IN ONE PLACE
Get a big-picture view of your finances and make sure you’re on track now and into retirement. Say goodbye to multiple apps and forgotten passwords, and take the guesswork out of building wealth.

Disclosures

Product interface images are for illustrative purposes only and securities displayed aren’t endorsements or recommendations. Any performance figures displayed aren’t representative of actual performance.

The national average interest rate is based on FDIC.gov, as of July 27, 2023.

Nerdwallet receives cash compensation for referring potential clients to Wealthfront Advisers, LLC (“WFA”) via advertisements placed on their respective websites. Nerdwallet and WFA are not associated with one another and have no formal relationship outside of this arrangement. Nerdwallet’s opinions are their own. Their ratings are determined by their editorial team. The scoring formula for online brokers and robo-advisors takes into account over 15 factors, including account fees and minimums, investment choices, customer support and mobile app capabilities. Nerdwallet ranking as of January 2023. © 2017-2023 and TM, NerdWallet, Inc. All Rights Reserved.

Bankrate's endorsement was voluntarily given and Wealthfront has no formal relationship with Bankrate.

Cash Account is offered by Wealthfront Brokerage LLC (“Wealthfront Brokerage”), a Member of FINRA/SIPC. Neither Wealthfront Brokerage nor any of its affiliates are a bank, and Cash Account is not a checking or savings account. We convey funds to partner banks who accept and maintain deposits, provide the interest rate, and provide FDIC insurance. Rate is subject to change. Investment management and advisory services--which are not FDIC insured--are provided by Wealthfront Advisers LLC (“Wealthfront Advisers”), an SEC-registered investment adviser, and financial planning tools are provided by Wealthfront Software LLC (“Wealthfront”). The Stock Investing Account is a limited-discretion investment product offered by Wealthfront Advisers.

All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Nothing in this communication should be construed as tax advice, a solicitation or offer, or recommendation, to buy or sell any security.

Wealthfront, Wealthfront Advisers and Wealthfront Brokerage are wholly owned subsidiaries of Wealthfront Corporation.
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