Challenge accepted. Wealthfront: https://www.wealthfront.com/blog/cash-account-apy/ https://www.wealthfront.com/blog/cash-account-apy/ https://www.wealthfront

Challenge accepted. Wealthfront: https://www.wealthfront.com/blog/cash-account-apy/ https://www.wealthfront.com/blog/cash-account-apy/ https://www.wealthfront.com/blog/wealthfront-isnt-a-bank/ https://www.wealthfront.com/blog/wealthfront-isnt-a-bank/ (See section #2) > Because we broker our deposits, we’re able to offer you access to wholesale interest rates — the interest rates that banks offer to broker-dealers like Wealthfront for deposits, which can be higher than the rates banks offer individual customers. When our partner banks pay a high rate on your deposits, we pass along a high rate to you. TLDR: Wealthfront gives your money to other banks who pay Wealthfront interest which is passed on to you. All FDIC insured.