What are the Wealthfront referral programs?

There are two Wealthfront referral programs:

Cash Account Referral Program

When you invite a friend who opens a Cash Account as their first Wealthfront account, you’ll both get a 3-month 0.50% APY boost over the current interest rate. 

• Eligibility requirements: To receive a 3-month 0.50% APY boost for you and a friend, you must invite someone who isn’t already an existing client of Wealthfront’s products and services, and doesn’t name you as a secondary account holder for a Joint or Trust Cash Account.
• Reward benefits: You'll earn your APY increase the day after your friend completes an application, and your friend will get theirs within 24 hours after their new account is funded. To qualify, their new account needs to be funded within 30 days of opening it. During the 3 months you each receive an APY boost, you’ll both also get $5,000 managed for free in an eligible Automated Investing Account.
• Boost maximums: There's no limit to the number of referrals you can make, and the maximum total duration of APY increases you can earn across all promotions is 6 months. The APY increase applies to a maximum of $250,000 across all of your Cash Account balances and categories. Any additional referrals you make extend the length of time to which the APY increase is applied.

Automated Investing Account Referral Program

When you invite a friend who opens an Automated Investing Account as their first Wealthfront account, you’ll both earn $5,000 managed for free.

• Eligibility requirements: To receive $5,000 managed for free, for you and a friend, you must invite someone who isn’t already an existing client of Wealthfront products and services.
• Reward benefits: When the eligible person you invite opens and funds their Automated Investing Account, you’ll both get $5,000 managed for free while your friend is a Wealthfront client. There’s no limit to the amount of money you can get managed for free.

See full terms and conditions for both programs.