Set up direct deposit

Note: This support article only applies to Individual Cash Accounts with checking features


To switch your direct deposit to Wealthfront, share this info with your employer or payroll service provider:

 Your name: Please provide your full legal name on file with Wealthfront

 Account type: If you’re asked to choose between savings and checking, please choose checking.

Your routing and account numbers

The name and address of our partner bank (this is usually not required):

Green Dot Bank
1675 North Freedom Blvd.
Provo, UT 84604

You can find this info in your account. Log in to Wealthfront, navigate to your Cash Account, then select Manage.

If your employer or payroll provider requires a Wealthfront form to make this change, send us a support message and we'll be happy to help!

How long does it take to complete the switch?

Once you switch your direct deposit to Wealthfront, it can take your employer anywhere from a few days to several weeks to complete the switch. To get a clearer sense of the timing, ask your employer what to expect.

If you get paid before the switch is complete, your employer will either direct-deposit your paycheck to the account you were using before the switch, or they’ll give you a paper check.

If you end up with a paper check during the transition, please deposit it into your old account, then transfer the funds to Wealthfront. While we do support mobile check deposits, one of the current eligibility requirements is that you've already direct deposited to us. Learn more

When will my paycheck arrive?

Your paycheck may arrive by 6:00am PST, up to two days before your usual payday. The exact timing ultimately depends on your payroll service provider.

If the date of your direct deposit falls on a weekend or bank holiday, it will typically arrive on the next business day.

Will you put a hold on my direct deposit?

Nope! The moment we receive your deposit, you'll have full access to your money, and it will immediately accrue interest.

Can I direct-deposit my partner’s paycheck?

No, sorry! We can only accept direct deposits that are in the account holder’s name.

What other types of payments can I direct-deposit?

Direct deposit isn’t just for paychecks from your employer. You can also direct-deposit the following:

 Tax refunds: Direct deposit is the fastest way to get your tax refund. For more info, check out the IRS’s handy guide.

 Social Security benefits: To set up direct deposit for your Social Security benefits, head over to Go Direct or call 1 (800) 333-1795.

 Child support: To set up direct deposit for child support or maintenance, get in touch with the state department that’s coordinating these payments.

Note: Wealthfront Cash Accounts cannot receive payments on behalf of businesses, including payments coming from government sources. (e.g. Paycheck Protection Program (PPP) loans from the US Federal Government).

Troubleshooting my direct deposit

Still waiting on a paycheck? Get in touch with your employer to make sure they sent your paycheck on time and that they have the right routing and account numbers on file.

If everything is in order on your employer’s end, please email us at We’ll ask you for the name of your employer and the exact amount you’re expecting. We’ll work with you to troubleshoot the issue.


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We’ve partnered with Green Dot Bank, Member FDIC, to bring you checking features.

Checking features for the Cash Account are subject to Green Dot Bank’s application and approval. Debit Card is optional and must be requested. Wealthfront Cash Account Visa® Debit Card is issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. Visa is a registered trademark of Visa International Service Association. Wealthfront products and services are not provided by Green Dot Bank. Green Dot is a registered trademark of Green Dot Corporation. Green Dot Bank operates under the following registered trade names: GoBank, Green Dot Bank and Bonneville Bank. All of these registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank. Deposits under any of these trade names are deposits with Green Dot Bank and are aggregated for deposit insurance coverage. ©2020 Green Dot Corporation. All rights reserved.

Early availability depends on timing of payor’s payment instructions and fraud prevention restrictions may apply. As such, the availability or timing of early direct deposit may vary from pay period to pay period. Interest does not begin accruing until funds arrive at the program banks, which may take up to one business day.

Other fees apply to the debit account. Fee-free ATM access applies to in-network ATMs only. For out-of-network ATMs and bank tellers a $2.50 fee will apply, plus any additional fee that the owner or bank may charge. Please see the Deposit Account Agreement for details.

Other eligibility requirements for mobile check deposit and to send a check may apply.

Apple Pay, Face ID and Touch ID are trademarks of Apple Inc. Google Pay is a trademark of Google LLC.

The Cash Account Annual Percentage Yield (APY) is as of July 28, 2023. The APY may change at any time, before or after the Cash Account is opened. The APY for the Wealthfront Cash Account represents the weighted average of the APY on the aggregate deposit balances of all clients at the program banks. Deposit balances are not allocated equally among the participating program banks.

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 institutions accepting and maintaining deposits. Investment management and advisory services 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 cash balance in the Cash Account is swept to one or more banks (the “program banks”) where it earns a variable rate of interest and is eligible for FDIC insurance. FDIC insurance is not provided until the funds arrive at the program banks. Wealthfront uses more than one program bank to ensure FDIC coverage of up to $8 million for your cash deposits. FDIC insurance coverage is limited to $250,000 per qualified customer account per banking institution. For more information on FDIC insurance coverage, please visit Customers are responsible for monitoring their total assets at each of the program banks to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. The deposits at program banks are not covered by SIPC.

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