Diving into HYSA’s

Hello everyone,

 I’ve dove into HYSA’s recently and came across Wealthfront. I’ve read different things about the cons and pros, but I was wondering what info could be gathered by asking this community. 

What I’ve read is that one con to Wealthfront is the $500 minimum deposit. Is that monthly or just an initial deposit when opening the account? A pro of course is the APY and just the ease of access when transferring your funds.

Overall, I just need pointers in the HYSA realm.