U.S. Bank $600 Bonus U.S. Bank $600 Bonus U.S. Bank $600 Bonus
ADVERTISEMENT
en English
en Englishes Españolfr Françaisde Deutschit Italianopt Português
January 29, 2023 5:24 am CST
MoneysMyLife
SUBSCRIBE
  • Home
  • Bank Bonus
    • Best Bonuses
      • Best Bank Bonuses
      • Chase
      • Bank of America
      • U.S. Bank
      • BMO Harris
      • TD Bank
      • HSBC
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Checking Accounts
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Crypto
    • Best Crypto Offers
    • All Crypto Offers
  • Deals
    • All Deals
    • Referral Deals
    • Best Referral Deals
    • Best Contests & Sweepstakes
    • Best Freebie Deals
  • Credit Cards
    • Best Credit Card Bonuses
    • All Credit Card Deals
  • Advertiser Disclosure
No Result
View All Result
MoneysMyLife
  • Home
  • Bank Bonus
    • Best Bonuses
      • Best Bank Bonuses
      • Chase
      • Bank of America
      • U.S. Bank
      • BMO Harris
      • TD Bank
      • HSBC
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Checking Accounts
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Crypto
    • Best Crypto Offers
    • All Crypto Offers
  • Deals
    • All Deals
    • Referral Deals
    • Best Referral Deals
    • Best Contests & Sweepstakes
    • Best Freebie Deals
  • Credit Cards
    • Best Credit Card Bonuses
    • All Credit Card Deals
  • Advertiser Disclosure
SUBSCRIBE
No Result
View All Result
MoneysMyLife
No Result
View All Result
Home Bank Promotions

Personal Capital 6 Months Free Promotion, $100 Visa Gift Card Offer & Up To 3.90% APY Cash Account

Tony Jay by Tony Jay
January 19, 2023 4:35 am CST
in Bank Promotions, Banking, Investing
A A
1
Personal Capital Review by moneysmylife
70
SHARES
1.2k
VIEWS
TwitterFacebook

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

Contents

  • 1 Personal Capital Offer: 6 Months Free Wealth Management
  • 2 Personal Capital Cash Account Earns Up To 3.90% APY
  • 3 Personal Capital Offer: $100 Visa Gift Card
  • 4 Personal Capital At-A-Glance
  • 5 Personal Capital Pros & Cons
  • 6 What Makes Personal Capital Unique?
    • 6.1 Financial Tools
    • 6.2 Personal Capital Cash Account
    • 6.3 Personal Capital Wealth Management
  • 7 Personal Capital Pricing & Fees
  • 8 How Personal Capital Works
  • 9 Personal Capital Education
  • 10 Customer Support & Security
  • 11 Personal Capital Disadvantages
  • 12 Is Personal Capital A Good Fit For You?
Chase Total Checking $200 Bonus Chase Total Checking $200 Bonus Chase Total Checking $200 Bonus
ADVERTISEMENT

Anyone can take advantage of Personal Capital’s robust financial tools (including retirement planning) and interest-earning Cash account, but you’ll need at least $100,000 in assets to access the company’s personalized Wealth Management service.

  • Update 1/2/2023: Their $100 Visa Gift Card offer has returned. See below. The 6 months free offer has also been extended. Cash Account APY is also now up to 3.90% APY.
  • Update 12/1/2022: The 6 months free wealth management offer has been extended to 12/31/2022. The $100 Visa Gift card offers has expired.

Launched in 2009, Personal Capital (personalcapital.com) provides a suite of free financial management tools, an interest-earning Cash account, and robo-advisor services with access to human financial advisors. But with all the portfolio management services out there, what makes Personal Capital stand out? And is it right for you? Keep reading to find out.

Personal Capital Offer: 6 Months Free Wealth Management

Personal Capital currently has an offer where you can get 6 months of their Wealth Management service for free. You’ll also get:

  • A free Dashboard with a full suite of financial tools
  • An in-depth consultation with their fiduciary advisors
  • A personalized plan that’s yours to keep for free
OFFER LINK

*Terms & Conditions

Free Advisory Offer: Offer ends January 31, 2023, Personal Capital Advisors Corporation is offering six months of free advisory services to individuals who enroll in our fee-based advisory services, become a client, and open an account and fund above $250,000 within 30 days of account opening. All cash, eligible securities, and/or margin debit balance transfers from external sources will be valued at the time those assets are received into your account. The six months free is not exclusive to this offer. Account holders must maintain the minimum qualifying account balance (minus any losses related to trading or market volatility, or margin debit balances) to remain eligible for this promotion. Personal Capital reserves the right to modify these terms and conditions or terminate this offer at any time. This offer is not transferable, not valid with internal transfers and may not be combined with other offers.

Personal Capital Cash Account Earns Up To 3.90% APY

The Personal Capital Cash account earns 3.85% APY (3.90% APY for Personal Capital Advisory Clients). This rate now rivals many of the best online savings accounts.

  • Aggregate FDIC insurance up to $1.5 million
  • Easy to use on the web, or the mobile app
  • No fees
  • Simplify your family finance with a joint account
  • For large withdrawals, wire up to $1M with no fees
  • Set up direct deposit for your paychecks
  • Link to your checking for monthly bills
  • Unlimited number of monthly transfers
  • Withdraw up to $100K per day
  • No minimum balance
OFFER LINK

Personal Capital Offer: $100 Visa Gift Card

Personal Capital currently has an offer where you can get a $100 Visa gift card.

  • Sign up for our free, easy-to-use financial tools – including our Retirement Planner
  • Link your bank and investment accounts
  • Receive your free financial analysis after talking with an expert
  • Treat yourself with your FREE $100 Visa® gift card
OFFER LINK

Related: See the best investing promotions here…

Personal Capital At-A-Glance

Account MinimumFinancial Tools: $0
Cash Account: $0
Wealth Management: $100,000
FeesFinancial Tools: None
Cash Account: None
Wealth Management: 0.49% – 0.89% AUM
Available AssetsETFs, stocks, bonds, private equity
Access to Financial AdvisorsYes
Customer SupportPhone, email

Personal Capital Pros & Cons

Personal Capital Pros and Cons
Personal Capital Pros & Cons

What Makes Personal Capital Unique?

Personal Capital provides three main services: financial tools, a Cash account, and Wealth Management. You can use the platform to manage your finances and earn interest on your deposits without having to pay a dime. If you have $100,000 in assets to manage, and you’re willing to pay the fees, you also have the option to unlock the company’s Wealth Management features.

Financial Tools

Personal Capital provides a 360-degree view of your finances. The dashboard displays all your accounts in one place, such as your various investments, as well as net worth, cash flow, and much more. Other free financial management tools include:

  • Budgeting. Automatically organize your spending and savings by date and category and see if you’re going under or over your monthly spending target.
  • Savings Planner. See how much you should save to reach your emergency fund, debt repayment, retirement, and other financial goals.
  • Retirement Planner. Find out if you’re on track to retire by your target date. You can fiddle around with different scenarios to see what you can do to improve your chances of reaching your retirement goals.
  • Investment Checkup. See how well your investments are performing and how they could do better, including ways to increase returns and lower risk.
  • Fee Analyzer. Find hidden fees in your mutual funds, investing, and retirement accounts.
  • Education Planner. Figure out how much you should be saving right now to cover future education costs.

There is no need to enroll in the company’s paid advisory service for any of the above tools. Simply link your financial accounts to the platform, and you’re good to go.

Personal Capital Cash Account

Cash account holders earn an APY (see rate above) that is higher than most traditional checking and savings accounts, and there is no minimum balance requirement.

With a Cash account, you can wire up to $1 million without fees, set up direct deposit for your paychecks, and pay your bills by linking to your checking. You can make an unlimited number of monthly transfers and withdraw up to $100,000 daily.

The Cash program also offers up to an aggregate of $1.5 million in FDIC insurance coverage. That’s much higher than the standard $250,000 that most banks offer.

Personal Capital Wealth Management

If you sign up for Personal Capital Wealth Management, you have access to financial professionals who can answer any investment or retirement questions you have. They can help you set up a comprehensive financial plan, evaluate how well you’re meeting your goals, and give advice on what to do when your life circumstances change. As your financial situation and goals evolve, your financial advisor will be there to adjust your portfolio and guide you as needed.

Wealth Management provides a customized Personal Strategy, which is a diversified, multi-asset portfolio of stocks and ETFs, created exclusively for you and your financial goals. It includes portfolio rebalancing, tax-loss harvesting, and smart weighting.

Smart weighting is a portfolio selection process that invests equally in all sectors, instead of mirroring an index like the S&P 500.

The company also offers socially responsible investing portfolios that feature companies with high ESG (environmental, social, and corporate governance) standards.

All portfolios are designed by a team of expert strategists. Key contributors include Harry Markowitz, who is famous for his modern portfolio theory, and leading behavioral economist Shlomo Benartzi. Portfolio construction takes into account the following:

  • Assets
  • Risk tolerance
  • Time frame & goals
  • Health status
  • Tax laws
  • Legacy goals
  • Net worth & income
  • Retirement age
  • Marital status
  • And other factors

Wealth Management clients also get a “Financial Roadmap” with prioritized actionable tasks to achieve all your financial goals. It takes your account and loan information to develop a to-do list and recommendations. As your situation changes, your Financial Roadmap will also change.

Another Wealth Management feature is Smart Withdrawal. This tool helps you spend your retirement savings optimally by staying on top of your budget, minimizing your taxes, and keeping your portfolio in tip-top shape long after you retire.

ADVERTISEMENT

J.P. Morgan Self-Directed Investing Up To $700 Bonus – Ends 4/13/23

Read More

Personal Capital Pricing & Fees

The Personal Capital Cash account comes with handy tools for tracking your finances and managing your money. It’s free to open and use.

If you want personalized investment management services, holistic wealth management, and access to financial advisors, opt for the Wealth Management service. It does, however, come with a cost, 0.49% to 0.89% of assets under management (AUM) to be exact:

AUMFEE
First $1 million0.89%
$1 to $3 million0.79%
Next $2 million0.69%
Next $5 million0.59%
Over $10 million0.49%

Wealth management, trade costs, and custody are all included. There are no additional trade commissions.

How Personal Capital Works

To register with Personal Capital, you need to provide your email address, choose a password, and submit your phone number and date of birth. The company requires you to schedule and complete a call with a financial advisor that will cover the platform’s service(s) that interest you.

After that, you can securely link your financial accounts to Personal Capital, such as bank, investment, debt, credit card, home mortgage accounts, and much more. Once that’s done, you can access the platform’s free financial tools and reports.

For Wealth Management members, you will proceed with the intake questionnaire which covers your financial situation and goals, as well as risk appetite. An advisor will review your current investments and your completed intake, then present you with a personal financial strategy.

Wealth Management is offered in three tiers:

TIERFEATURES
Investment Services
($100k – $200k in assets)
Financial planning
Personalized portfolio of ETFs
Digital planning tools
Human advisors
Wealth Management
($200k – $1 million in assets)
Customized portfolio with individual stocks & ETFs
Tax optimization strategies
Access to financial specialists
2 dedicated advisors
Private Client
(over $1 million in assets)
Private equity investments ($5 mil in assets)
Access to wealth & retirement specialists
Priority access to Investment Committee & specialists

Financial advisors are available via phone, email, or video chat, Monday through Friday from 9am to 5pm.

ADVERTISEMENT

Seeking Alpha Review

Seeking Alpha Limited-Time $119/Year (50% Discount) Offer

Read More

Personal Capital Education

Daily Capital is the company’s educational blog. It includes hundreds of informative articles and guides on topics like personal finance, investing and market, financial planning, news, and much more. Beginners will appreciate actionable articles like “how to reduce taxable income,” while more sophisticated investors will enjoy Personal Capital’s white paper posts and research.

Customer Support & Security

Personal Capital offers customer support via phone and email, Monday through Friday from 9am to 5pm PST. Virtual and in-person (California, Denver, Dallas, and Atlanta) meetings with a financial advisor are also available.

To keep your information safe, login data is encrypted and inaccessible to company employees. The platform utilizes two-factor authentication, bank-level firewalls, and 256-bit AES data encryption. Their website’s encryption is rated A+ by Qualys SSL Labs, which is a stronger rating than most big banks and major brokerages.

In addition, Personal Capital sends daily transaction emails so you can verify your activity, and accounts are protected by FDIC and SIPC insurance.

Personal Capital Disadvantages

As we mentioned at the start of this review, Personal Capital requires an account minimum of $100,000, which makes it inaccessible for most people. Other online financial advisors offer their services with much lower minimums, such as E*Trade ($500) and Betterment ($0).

Personal Capital also charges a high management fee of up to 0.89%. That’s much more than what other leading robo-advisors charge, including Betterment (up to 0.40%) and Wealthfront (0.25%).

Is Personal Capital A Good Fit For You?

Personal Capital Wealth Management is a good fit for affluent investors looking for comprehensive financial planning, qualified financial advisors, and a high standard of service. The large account minimum and high fees, unfortunately, puts the robo-advisor service out of reach for “regular” folks.

That said, if you’re interested in free, powerful financial tools or an interest-earning Cash Account, Personal Capital is a solid option.

Learn More at Personal Capital

Read more: If you don’t have $100k in assets to manage, check out Vanguard, Betterment, or Wealthfront. All three have low or zero minimum balance requirements. See the best robo-advisors here.

Read more: See the best bank promotions here and the best investing promotions here.

Personal Capital Advisors Corporation (“PCAC”) compensates MoneysMyLife for new leads. MoneysMyLife is not an investment client of PCAC.

Tags: best checking bonusbest investingbest no direct depositbest savingspersonal capitalrobo advisorsvisa gift card
Tweet18Share28Share5Pin6SendShareSend
BMO Harris $350 Checking Bonus BMO Harris $350 Checking Bonus BMO Harris $350 Checking Bonus
ADVERTISEMENT
Previous Post

Best Buy Deal: Get $10 Gift Card With $100 Apple Gift Card Purchase

Next Post

Amazon: Buy $80 Select P&G Item, Get $20 Credit + P&G: Spend $50, Get $15 Rebate

Tony Jay

Tony Jay

I'm all about finding new finance-related promotions and bonuses here at MoneysMyLife. Contact me here.

Recommended For You

Tellus Promotions: $20 Welcome Bonus & Referrals

January 29, 2023 12:51 am CST
tellus

Tellus Boost (tellusapp.com) is welcoming new customers with a $20 cash bonus (referral below). Earn an additional $20 cash bonus for every person who uses your unique referral...

Read more

Your Guide To NCUA Insurance: How It Safeguards Your Credit Union Accounts

January 28, 2023 10:25 pm CST

Are you a credit union member wondering how your deposits are protected? Look no further than NCUA insurance. NCUA insurance is deposit protection that all federal credit unions...

Read more

Givers Review: Savings & Support Platform For Family Caregivers To Access Benefits and Resources

January 27, 2023 4:05 am CST

Unpaid family caregivers in the United States provide a significant amount of care for older adults and individuals with disabilities. According to a study by AARP Public Policy...

Read more

Dave.com Review: One-Stop Shop For Managing Your Money And Avoiding Overdraft Fees

January 27, 2023 2:41 am CST

Dave.com is a pretty cool app that's all about helping you manage your money and avoid those pesky overdraft fees. It's got a cash advance feature, budgeting tools...

Read more

PennyWorks Review: Traditional Financial Products With the Benefits of Decentralized Finance

January 26, 2023 11:48 pm CST

PennyWorks is an investment platform that allows you the opportunity to earn money through collateralized lending without knowing anything about Decentralized Finance (DeFi) or cryptocurrency lending. With these loans, you can get higher returns...

Read more
Next Post

Amazon: Buy $80 Select P&G Item, Get $20 Credit + P&G: Spend $50, Get $15 Rebate

First Tech Platinum Rewards Mastercard® 10,000 Bonus Points

Dell.com: Maximum 6 Orders Per 6 Months for Consumer Accounts [Reports]

Comments 1

  1. Josh says:
    2 years ago

    Use my link for a $20 signup bonus https://pcap.rocks/josh6628

    Loading...
    Reply

Leave a Reply Cancel reply

Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.

Your email address will not be published. Required fields are marked *

Chase Business Complete $300 Bonus Chase Business Complete $300 Bonus Chase Business Complete $300 Bonus
ADVERTISEMENT
TD Bank $300 Bonus TD Bank $300 Bonus TD Bank $300 Bonus
ADVERTISEMENT
ADVERTISEMENT
Get new posts by email:

Featured Articles

M1 Finance

Best M1 Finance Bonuses: $50, $500, $4000, $10000 Offers

January 26, 2023 4:39 am CST
Bank of America

Bank of America Checking Account $100 Bonus Offer – Ends 6/30/23

January 26, 2023 4:37 am CST

Best Axos Bank Bonuses, Promotions of January 2023

January 26, 2023 4:36 am CST

Best Bank Bonuses, Promotions of January 2023

January 26, 2023 11:59 pm CST
Featured Chase Image

Best Chase Bank Bonuses of January 2023 (up to $2000!)

January 16, 2023 11:30 pm CST
BMO Harris Bank

Best BMO Harris Bank Bonuses, Promotions of January 2023

January 16, 2023 11:29 pm CST
Featured Chase Image

Chase Total Checking® Account $200 Bonus Offer [Nationwide] – Ends 4/19/2023

January 16, 2023 10:54 pm CST

J.P. Morgan Self-Directed Investing Up To $700 Bonus – Ends 4/13/23

January 13, 2023 9:39 pm CST

Public.com Bonus: $300 In Free Stock, Up To $10,000 Brokerage Transfer Offers

January 13, 2023 6:51 am CST
U.S. Bank Bonus

U.S. Bank Smartly™ Checking and Standard Savings up to $600 Bonus – Ends 2/7/23

January 26, 2023 4:11 am CST
Best Online Mattress Promotions, Offers, Discounts of 2023

Best Online Mattress Promotions, Offers, Discounts of 2023

January 1, 2023 12:19 am CST

Best Cryptocurrency Bonuses, Promotions of January 2023 (Free Bitcoin & More)

January 25, 2023 12:48 am CST
TD Bank

Best TD Bank Bonuses, Promotions of January 2023

December 31, 2022 11:50 pm CST
Robo Advisors

Best Robo-Advisor Promotions, Offers of January 2023

December 31, 2022 11:50 pm CST
HSBC Bank

Best HSBC Bank Bonuses, Promotions of January 2023

December 31, 2022 11:49 pm CST
Best Money Transfer Services Intro

Best Money Transfer Service Promotions, Bonuses, Offers of January 2023

January 26, 2023 4:15 am CST
Brokerage and Investing Promotions from moneysmylife

Best Stock Broker & Investing Promotions, Bonuses of January 2023

January 13, 2023 9:59 pm CST
Best Free Checking Account Offers (No Monthly Fees) of January 2023

Best Free Checking Account Offers (No Monthly Fees) of January 2023

January 4, 2023 3:47 am CST
The Best Referral Deals on moneysmylife

Best Referral Programs, Offers, Deals to Make Money – January 2023

December 31, 2022 10:55 pm CST
Chase Bank

Chase Business Complete℠ Banking $300 Sign-Up Bonus [Nationwide] – Ends 2/16/23

January 26, 2023 4:14 am CST
TradeStation

TradeStation Promotions: $150 Cash Or $150 Bitcoin Offer

December 18, 2022 1:07 am CST
Bank of America $100 Checking Bonus Bank of America $100 Checking Bonus Bank of America $100 Checking Bonus
ADVERTISEMENT

Search by Categories

  • Bank Promotions
  • Banking
  • Credit Cards
  • Cryptocurrency Promotions
  • Deals
  • Featured
  • Investing
  • Other
  • Referral Promotions

Latest Articles & Updates

tellus

Tellus Promotions: $20 Welcome Bonus & Referrals

January 29, 2023 12:51 am CST

Cash App: Reduced MTA Fares (NYC Subway & Buses) – Ends 2/3/23

January 28, 2023 11:31 pm CST

Your Guide To NCUA Insurance: How It Safeguards Your Credit Union Accounts

January 28, 2023 10:25 pm CST

Everything You Need to Know About Unsecured Credit Cards

January 28, 2023 10:07 pm CST

[Targeted Offer] Citi Cardholders Get 5% Back On PayPal Purchases – Ends 3/31/23

January 27, 2023 11:27 pm CST

Newsletter

Get new posts by email:

Recent Articles

air-canada-aeroplan-offers

Aeroplan® Credit Card: Up to 100,000 Bonus Points

January 27, 2023 11:06 pm CST

New Paramount+ Promo Codes For 1 Month Or 1 Year Free, 50% Or $30 Cash Back

January 27, 2023 10:17 pm CST

Topics

Categories

Banking Bank Promotions Credit Cards Cryptocurrency Promotions Deals Featured Investing Other Referral Promotions

*Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card and banking companies from which MoneysMyLife.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MoneysMyLife.com does not include all credit card and banking companies or all available credit card and banking offers. This content is not provided or commissioned by the bank advertiser. Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. This site may be compensated through the bank advertiser Affiliate Program.

© 2022 MoneysMyLife. All rights reserved.

  • About
  • Advertiser Disclosure
  • Disclaimer
  • Privacy
  • Terms
  • Contact
No Result
View All Result
  • Home
  • Bank Bonus
    • Best Bonuses
      • Best Bank Bonuses
      • Chase
      • Bank of America
      • U.S. Bank
      • BMO Harris
      • TD Bank
      • HSBC
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Checking Accounts
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Crypto
    • Best Crypto Offers
    • All Crypto Offers
  • Deals
    • All Deals
    • Referral Deals
    • Best Referral Deals
    • Best Contests & Sweepstakes
    • Best Freebie Deals
  • Credit Cards
    • Best Credit Card Bonuses
    • All Credit Card Deals
  • Advertiser Disclosure

© 2022 MoneysMyLife. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: