Cd Rates 1 Year Wells Fargo

The standard rates require you to deposit 2 500.

Cd rates 1 year wells fargo.

The step rate cd account can be opened only at a wells fargo branch. The special rates require you to deposit at least 5 000. Also it is 2 4 lower than the highest rate 2 60 updated apr 2020. The rates are for the initial cd term and then are renewed at the standard cd rates if you choose to renew.

0 4999 0 01. 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. One year cd rates can help boost some of your short term savings. You can also make an appointment online or by calling 1 800 869 3557.

9 month special cd rates from wells fargo bank are at 2 23 percent with an apy of 2 25 percent. This 9 month cd rate is higher than most bank s 1 year cd rates available these days. Step rate cds have a variable interest rate that is increased every six months. 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 displayed rate is for standard cd rates for 1 year and applies for the state of california it also requires minimum of 2 500 balance. The first six months have an interest rate of 0 01 the next six months have a 0 02 rate and so on. You can also earn bonus rates on these. 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.

This offers a way to grow your balance at better rates. On wells fargo s secure website. Cd and savings interest rates from wells fargo. You can go to any of well fargo s physical locations.

Step rate cd 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. Other than step rate cds rates are fixed for the term of the cd. 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 rate of 0 20 is 1 lower than the average 1 2.

Although rates have been decreasing since the federal reserve s march 2020 rate cuts the rates featured on this page are still. Cd rates could change significantly in a year and you might not want to miss out on a.