It took less than 10 minutes to open a high-yield cash account with Wealthfront and earn more on my savings. Here's exactly what it's like to sign up.

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Wealthfront gives two options for creating an account. You can start from scratch using your email address or you can import your personal information from Intuit.

Wealthfront gives two options for creating an account. You can start from scratch using your email address or you can import your personal information from Intuit.
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Since, I’ve long used TurboTax (owned by Intuit) as my tax-filing software, I decided to choose the import option. Even so, I still had to give Wealthfront some information before they could begin the import.

Since, I’ve long used TurboTax (owned by Intuit) as my tax-filing software, I decided to choose the import option. Even so, I still had to give Wealthfront some information before they could begin the import.
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The Intuit import only took a few seconds to complete. I verified my key information and then Wealthfront said they wanted to verify my mobile number for security purposes.

The Intuit import only took a few seconds to complete. I verified my key information and then Wealthfront said they wanted to verify my mobile number for security purposes.

The text from Wealthfront came through promptly. I entered the code that I was sent and just like that I was on my way.

Wealthfront wanted to know my primary reason for opening an account.

Wealthfront wanted to know my primary reason for opening an account.
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After I selected "high-interest cash savings," they wanted to know if I planned to open an individual account, joint account, or a trust. Since I wanted my wife and I to both be on the account, I selected "Joint." At this point, the process had taken me a total of four minutes.

After I selected "high-interest cash savings," they wanted to know if I planned to open an individual account, joint account, or a trust. Since I wanted my wife and I to both be on the account, I selected "Joint." At this point, the process had taken me a total of four minutes.

Next, Wealthfront wanted to know how I planned to fund my cash account. When I clicked on “Link an External Account” a dialog box popped up that showed several popular banks.

Next, Wealthfront wanted to know how I planned to fund my cash account. When I clicked on “Link an External Account” a dialog box popped up that showed several popular banks.
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It also had a search box in case my bank wasn’t one of the ones listed. I selected my bank and then typed in my bank credentials.

It also had a search box in case my bank wasn’t one of the ones listed.
I selected my bank and then typed in my bank credentials.

In only took Wealthfront a few seconds to connect to my bank account. I was asked whether to pull the funds from checking or savings. After selecting my savings account, I was asked to type in the amount that I wanted to transfer over.

In only took Wealthfront a few seconds to connect to my bank account. I was asked whether to pull the funds from checking or savings. After selecting my savings account, I was asked to type in the amount that I wanted to transfer over.

After typing in my transfer amount, Wealthfront said I'd been sent a confirmation email. I logged into my email account and, sure enough, the email was sitting in my inbox just as they said. I clicked on the confirmation link

Then Wealthfront said that my work was done! Now I just had to wait on the transfer to go through. Most transfers go through within one business day, but I'd be notified when the transfer was complete.

Total time spent creating my account and initiating the bank transfer: eight minutes.

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The only thing that I had to do now was wait for confirmation from Wealthfront that my transfer had gone through. It was a short wait. When I checked my email the next morning I had this message waiting for me.

The only thing that I had to do now was wait for confirmation from Wealthfront that my transfer had gone through. It was a short wait. When I checked my email the next morning I had this message waiting for me.

Just like that, my emergency fund money was earning me over 25 times what it had been earning me the day before.

That feels pretty awesome ... and also makes me feel a bit ashamed that I hadn't opened a high-yield savings account sooner.

Learn more about the Wealthfront Cash Account » Currently, Business Insider readers who sign up for a Wealthfront investment account will receive their first $5,000 managed for free in that account in perpetuity.