Wells Fargo Cd Rates 2018
The step rate cd account can be opened only at a wells fargo branch.
Wells fargo cd rates 2018. Wells fargo bank promotional cd rates wells fargo bank is currently offering 3 different promotional certificate of deposit rates the rates are 2 40 apy for a 5 month cd 2 65 apy for a 9 month cd and 3 30 apy for an 18 month cd. The wells fargo retirement high yield savings account and the wells fargo way2save retirement account requires a 100 minimum opening deposit. You can also earn bonus rates on these. Provider of banking mortgage investing credit card and personal small business and commercial financial services.
The standard rates require you to deposit 2 500. 9 month special cd rates from wells fargo bank are at 2 23 percent with an apy of 2 25 percent. The annual percentage yields apy shown are offered on accounts accepted by the bank and effective for the dates shown above unless otherwise noted. The rates are for the initial cd term and then are renewed at the standard cd rates if you choose to renew.
Unlike the fixed rate cd option that can be opened online you can only open a step rate cd in person at a wells fargo branch. Step rate cd rates 2 500 minimum opening deposit a step rate cd time account is a 24 month cd featuring guaranteed interest rate increases and one penalty free withdrawal every six months provided the minimum opening balance is maintained 3. This 9 month cd rate is higher than most bank s 1 year cd rates available these days. Instead of keeping the same interest rate from opening to maturity wells fargo s step rate cd bumps up your interest rate every six months.
The special rates require you to deposit at least 5 000. This offers a way to grow your balance at better rates. Look up current rates on a variety of products offered through wells fargo. Wells fargo offers special and standard rate cds.
Wells fargo bank s special cd rates are some of the best cd rates currently available and much higher than the bank s regular cd rates. Step rate cd bonus interest rate and apy are available for the initial 24 month term if you link your step rate cd at account opening to a portfolio by wells fargo program. The first six months have an interest rate of 0 01 the next six months have a 0 02 rate and so on.