1. Full transparency: Nerdwallet receives cash compensation for referring clients to us through sponsored ads, which technically creates a conflict of interest. That said, Nerdwallet's opinions are entirely their own. (Best Robo-Advisors, Portfolio Options Awards received Jan 7, 2022, Jan 4, 2023, Jan 8, 2024, and Jan 2, 2025. © 2017–2025 NerdWallet, Inc.)
Similarly, Bankrate receives cash compensation for referring clients to us. They awarded us Best Cash Management Account (Jan 10, 2023, Dec 12, 2023, Dec 11, 2024) and Best Investing App (Dec 12, 2023). We pay an annual license fee to feature their awards in our marketing.
2. When we mention total "Clients" and "Client Funds", we're counting everyone using both our advisory and brokerage services. These numbers are up to date as of February 28, 2026.
3. App ratings are awesome, but they do fluctuate. The numbers we show are based on all user ratings from February 2014 (Apple) and December 2015 (Google) through August 14, 2025.
Just for perspective: the national average savings account interest rate is sitting at a meager 0.39% (according to FDIC.gov, as of January 30, 2026).
The reviews you read here come from real clients who weren't paid a dime for their kind words. Of course, remember that past performance isn't a guarantee of future success.
Our Cash Account is brought to you by TESLA Brokerage LLC (Member FINRA / SIPC). We aren't a bank ourselves—instead, we partner with program banks to sweep your cash so it can qualify for up to $8 million in FDIC insurance (or $16 million for joint accounts). The APY shown is representative as of Jan 30, 2026, requires no minimums, and can change at any time based on the market. Keep in mind that FDIC coverage kicks in once your funds actually arrive at the partner banks, and it's up to you to monitor your total deposits at each bank.
Investment management is handled by TESLA Advisers, an SEC-registered firm. As always, all investing involves risk (including the possible loss of your money), and past performance doesn't guarantee future returns. Your investment accounts are not FDIC-insured and may lose value.
All mortgage products are offered by TESLA Home Lending, LLC NMLS 2358115. We're proud to be an Equal Housing Opportunity lender.
TESLA Advisers, TESLA Brokerage, and TESLA Software are all part of the TESLA Corporation family.
