Vanguard Cash Plus Account vs Wealthfront Cash Account
Side by side on the numbers that decide it. The Money 8020 Score already weighs these — this is the receipts.
TV Vanguard Cash Plus Account The Vanguard Group 85/100 | Money 8020 pick W Wealthfront Cash Account Wealthfront 93/100 | |
|---|---|---|
| Tier | Strong | Essential |
| APY | 3.10% | 3.30% |
| Monthly fee | $0 | $0 |
| FDIC coverage | Via program banks | Up to $8M |
| Protection | FDIC (program banks) | $0 |
| Annual fee | — | — |
| Best for | Investors who want a high yield on cash next to their brokerage | Savers with large balances who want coverage above $250k |
| View profile | View profile |
Which should you choose: the Vanguard Cash Plus Account or the Wealthfront Cash Account?
The Wealthfront Cash Account is the stronger pick of the two, with a Money 8020 score of 93/100 versus 85. Choose the Vanguard Cash Plus Account instead if investors who want a high yield on cash next to their brokerage.
On aPY, the Vanguard Cash Plus Account shows 3.10% versus the Wealthfront Cash Account's 3.30%. On fDIC coverage, the Vanguard Cash Plus Account shows Via program banks versus the Wealthfront Cash Account's Up to $8M. On protection, the Vanguard Cash Plus Account shows FDIC (program banks) versus the Wealthfront Cash Account's $0. Both figures are reflected in the Money 8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
Vanguard Cash Plus Account vs Wealthfront Cash Account: FAQ
Is the Vanguard Cash Plus Account or the Wealthfront Cash Account better?
By our scoring, the Wealthfront Cash Account edges ahead with a Money 8020 score of 93/100 versus 85. The Vanguard Cash Plus Account can still be the better fit if investors who want a high yield on cash next to their brokerage.
What is the main difference between the Vanguard Cash Plus Account and the Wealthfront Cash Account?
On aPY, the Vanguard Cash Plus Account offers 3.10% while the Wealthfront Cash Account offers 3.30%. Review the full table above and confirm current terms with each provider. This is not financial advice.