Wells Fargo CD rates are hovering slightly above the national average rates on the especial or promotional CD products offered by the bank. The standard CD rates at Wells Fargo remain lackluster at best. Wells Fargo offers special CD rates that generally have odd terms and higher interest rates that are based on the region where the account holder will be opening the account. The bank also offers standard CDs and Step Rate CDs that have preset rate increase over the term of the certificate.
The special CDs offered by the bank require a minimum deposit of $5,000.00 per account. While the interest rates are different for different regions, the CD rates are near identical regardless of the region or state selected.
The standard CDs require a minimum deposit of $2,500.00 as does the Step Rate CDs. All of the Wells Fargo certificates of deposit provide a guaranteed return with fixed interest rates for the standard and special CD accounts. The bank’s Step Rate CDs have a variable interest rate that is increased every six months. There are no monthly bank fees on these accounts. Fees may be imposed for early withdrawals on CDs before the stated maturity date of the account.
Current Wells Fargo CD rates for the special CDs on July 22, 2013 include the following rates and terms:
The Wells Fargo CD with an 11 month term has an interest rate of 0.15%
26 month term CDs have a rate of 0.20%.
The 39 month certificate at Wells Fargo earns 0.30%.
A 58 month bank CD has a rate of 0.50%.
The Wells Fargo CD rates are current as of July 22, 2013 and are subject to change at any time. CD rates are not guaranteed until the CD account is opened. The bank CD interest rates are based on the institution’s online published rates. Additional terms and conditions may apply.
More information on Wells Fargo CD accounts and bank rates can be obtained by calling a bank customer service representative directly at 1-800-869-3557.
This information is believed to be reliable, but the information is not guaranteed. Contact the bank directly for the most up to date and accurate bank rates and account terms and conditions.
CD rates offered by Wells Fargo continued to move marginally lower for the month of August. The greatest rate changes in Wells Fargo CD rates took place on the long term bank CDs while the short term certificates remained mostly unchanged. The Wells Fargo CD rate changes in August were relatively mild with the slight variations in interest rates depending on the geographic location of the prospective account holder.
Wells Fargo CDs are promoted as special offer / promotional bank CDs and standard CDs. As one might expect, the promotional CD rates marketed by the bank are significantly higher than the standard bank CDs. Although the rates are relatively stable across the nation where Wells Fargo Bank conducts business, there are minor differences in the rates offered for different locations.
The following sample Wells Fargo CD rates are for account holders in California.
Special offer CD interest rates which require a minimum deposit of $5,000.00 includes the following rates and terms:
11 month CD rate 0.15%
26 month CD rate 0.40%
35 month CD rate 0.70%
45 month CD rate 1.15%
58 month CD rate 1.65%
Compared to the national average CD interest rates, Wells Fargo CD rates are nothing to write home about including the promotional or special CD rates. Based on data from the FDIC, the national average one year CD rate is at 0.43 percent, well above the Wells Fargo 11 month CD rate. The national average CD rate for a 2 year CD is 0.69 percent which is higher than the Wells 26 month CD rate special. Only the 58 month rate of Wells Fargo surpasses the national average rate of 1.53 percent.
Standard CD rates from Wells Fargo which require a minimum deposit of $2,500.00 include the following rates and terms:
3 month CD rate 0.05%
6 month CD rate 0.05%
1 year CD rate 0.10%
As a comparison to other states, Wells Fargo CD rates in Florida displayed the following differences in CD rates for the promotional bank CDs:
11 month CD rate is the same at 0.15%
26 month CD rate special is not available in Florida
35 month CD rate is the same 0.70%
45 month CD rate is 15 basis points or 15/100’s of a percent higher at 1.30%
58 month CD rate is just one basis point lower at 1.64%
All CD interest rates are listed are current as of this publication but are subject to change without notice. CD rates are not guaranteed by the bank until CD account is opened. Wells Fargo offers additional CD terms and CD rates.
Wells Fargo CD rates for June 2011 were little changed from the prior month. The bank continues to offer standard CD rates with conventional terms as well special CD offers that generally have odd month terms.
Wells Fargo CD rates for standard terms are running slightly behind the national average CD rates while the special offer bank CD rates are above the national average for the long term CDs but remain below the national average for the short term CD rates.
Savers and investors that are looking for higher CD interest rates should shop and compare smaller regional banks as well as online only banks.
Wells Fargo CD rates are dependent on the geographic location of the account holder. The following sample CD rates are for account holders in Illinois.
Special offer CD Rates:
11 month CD rate 0.15%
26 month CD rate 0.40%
45 month CD rate 1.05%
58 month CD rate 1.90%
These bank CDs require a minimum deposit of $5,000.00.
Standard CD rates from Wells Fargo include the following:
3 month CD rate 0.05%
6 month CD rate 0.10%
1 year CD rate 0.15%
These Wells Fargo bank CDs require a minimum deposit of $2,500.00.
The CD interest rates listed are subject to change at any time and are not guaranteed until the bank CD is opened. Wells Fargo also offers additional CD terms and CD rates.
Wells Fargo CD rates in November remain competitive with most of the top ten largest banks in the nation. Unfortunately, while Wells Fargo CD rates are competitive with the big financial institutions, they are far from the best CD interest rates available.
Wells Fargo CD rates are slightly above average among the special CD rate offers the bank promotes. The Wells Fargo Bank CD deals are not rare, the bank markets special odd term CDs on a regular basis. At any given time, Wells Fargo Bank is offering two types of certificates of deposit, the standard bank CDs and the Wells Fargo special offer CDs.
CD interest earned all accounts is compounded daily. CD Rates listed below are for the California offices of Wells Fargo Bank. The current CD rates for the special offer CDs include the following CD interest rates and terms:
7 month Wells Fargo CD rate is 0.20%
26 month Wells Fargo CD interest rate is at 0.50%
45 month Wells CD rate 1.15%
58 month Wells Fargo CD rate 1.65%
There is a minimum opening deposit requirement of $5,000.00 for the special offer bank CDs.
A sample of short term standard Wells Fargo CD rates includes the following CD interest rates and terms:
3 month CD interest rate 0.05%
6 month bank CD rate 0.10%
1 year CD rate 0.15%
The standard Wells Fargo CDs have a minimum opening deposit requirement of $2,500.00.
The special offer CD interest rates listed are for California residents; however a quick check of the bank CD rates in other states shows that Texas CD rates, New York CD rates, Florida CD rates, Illinois CD rates, Pennsylvania CD rates, Michigan CD rates, New Jersey CD rates, Virginia CD rates and North Carolina CD rates are the same.
Wells Fargo Ohio CD rates and Wells Fargo Indiana CD rates have the following special offer CDs:
5 month CD interest rate at 0.20%
41 month bank CD rate at 1.01%
58 month CD rate 1.65%
Wells Fargo Georgia CD rates have the following special offer CDs:
37 month CD rate at 0.90%
45 month bank CD interest rate at 1.15%
58 month CD rate 1.75%
The CD interest rates listed are subject to change at any time and are not guaranteed until the bank CD is opened. Wells Fargo makes it easy to open a bank CD; consumers can buy certificates of deposit over the Internet or at one of the more than bank branches the bank operates.
This site is designed to help consumers find the highest CD rates and bank rates available. To view the current highest CD rates by terms please see 6 month CD rates, 1 year CD rates, 2 year CD rates and 5 year CD rates.
To compare Wells Fargo CD rates with other large banks refer to Citibank CD rates section, SunTrust CD rates section, US Bank CD section, Bank America CD rates section, HSBC CD rates section, Chase CD rates section, Fifth Third Bank CD rates section, TD Bank CD rates section or the Key Bank CD rates.
The weekly review of the top bank CD rates includes reviewing Wells Fargo CD rates since Wells Fargo is the fourth largest US bank. Some of the largest banks like Wells Fargo frequently offer the best CD rates. Wells Fargo rates are very competitive among the largest US banks but are not currently the highest in the nation.
Wells Fargo is just one bank reviewed in the bank rate survey. In the search for the best bank CD rates from an FDIC insured institution, be sure to compare national CD rates and local CD rates among the pages on Selectcdrates.com to find the best CD rates to fit your needs.
The highest Wells Fargo CD rates available are on the longer term CDs. By depositing funds into a CD for a longer maturity, the account holder will lock in a higher rate. At the present time, Wells Fargo offers five different special CD rate offers in addition to the banks standard CDs.
The short term special bank CD offer is for an 9 month term CD that has an interest rate of 0.35%
The next longest term jumps to 21 months and has a CD rate of 0.90%.
Wells Fargo also offers a 30 month certificate with a CD interest rate of 1.40%.
The 40 month is the next special CD offer and this CD has a yield of 1.90%.
The longest CD term among the specials and the CD with the highest CD rate is the 58 month term CD which yields 2.65%.
All of the CD specials require a minimum deposit of $5,000.00. Wells Fargo offers additional CD terms with fixed interest rates.
The CD rates listed are for a California bank branch of Wells Fargo Bank. CD interest rates at other Wells Fargo bank locations may be different than the rates listed above.
All Wells Fargo CD rates are subject to change and are not guaranteed until CD is opened. Wells Fargo CD accounts are FDIC insured to the fullest extent of the law. Wells Fargo CD accounts compound daily.
A review of other Wells Fargo Bank branches including the ten most populated states indicates that the Wells Fargo CD rates in Fl, Wells Fargo CD rates in TX, Wells Fargo CD rates in NY, Wells Fargo CD rates in PA, Wells Fargo CD rates in MI, Wells Fargo CD rates in GA and Wells Fargo CD rates in NC were all similar, Wells Fargo CD rates in AZ and Wells Fargo CD rates in OH were similar but promotional offer maturities varied and the Wells Fargo CD rates in IL were slightly higher.
For more information on Wells Fargo mortgages see Wells mortgage rates.
Wells Fargo offers a variety standard and promotional CD rates to compete for depositors funds. Wells Fargo is not only one of the best known names in banking but is the fourth largest US bank measured by assets. As a large bank, Wells Fargo offers a number of deposit and savings products from simple checking and savings accounts to bank CDs and IRA CDs.
Wells Fargo Bank offers its certificates of deposit based on region. There are two types of Wells Fargo CDs promoted, the standard CDs and their promotional bank CDs which usually have odd term maturities.
The Wells Fargo CD offers are for a guaranteed fixed rate for a fixed term and interest that is compounded daily. The accounts are FDIC insured to the fullest extent per account holder.
To review the current Wells Fargo CD rates, the falling list includes Wells Fargo CD rates in California. Wells Fargo Bank is currently offering five different promotional certificate of deposit rates. All of the promotional CD rates require a minimum deposit of $5,000.00. At this time the CA CD rates and terms include:
15 month Well Fargo CD with a rate of 0.55%
21 month CD rate in CA from Wells Fargo at 0.90%
28 month CD rate of 1.40%
37 month bank CD rate is 1.90%
58 month term CD rate in CA is at 2.65%
The standard CDs in CA being marketed by Wells Fargo have terms of 3 months to 1 year and include the following:
3 month CD rate of 0.10%
6 month Wells Fargo CD rate is 0.15%
1 year CD rate is 0.30%
The rates listed above are for the California bank branches of Wells Fargo Bank, CD rates may vary for different regions. All of the Wells Fargo CD rates are subject to change and additional conditions may apply
To obtain additional bank CD account information or current CD rates, a Wells Fargo Bank representative can be reached at 866-245-3452.
Compare these bank CD returns with the best CD rates from other FDIC insured institution such as Chase Bank CD rates, Bank of America CD rates, Citibank CD rates, US Bank CD rates, Discover CDs, American Express CDs and more.