Cd Rates 1 Year Wells Fargo

This offers a way to grow your balance at better rates.

Cd rates 1 year wells fargo.

The special rates require you to deposit at least 5 000. 9 month special cd rates from wells fargo bank are at 2 23 percent with an apy of 2 25 percent. 0 4999 0 01. The step rate cd account can be opened only at a wells fargo branch.

Step rate cds have a variable interest rate that is increased every six months. A 5 year cd while a 5 year cd might have a higher apy a shorter term cd can be a better option. You can also make an appointment online or by calling 1 800 869 3557. The standard rates require you to deposit 2 500.

On wells fargo s secure website. 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. Cd rates could change significantly in a year and you might not want to miss out on a. 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.

Apply for an account online. You can go to any of well fargo s physical locations. 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. Other than step rate cds rates are fixed for the term of the cd.

The rate of 0 20 is 1 lower than the average 1 2. Cd and savings interest rates from wells fargo. The first six months have an interest rate of 0 01 the next six months have a 0 02 rate and so on. 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.

Also it is 2 4 lower than the highest rate 2 60 updated apr 2020. This 9 month cd rate is higher than most bank s 1 year cd rates available these days. Although rates have been decreasing since the federal reserve s march 2020 rate cuts the rates featured on this page are still. One year cd rates can help boost some of your short term savings.

The rates are for the initial cd term and then are renewed at the standard cd rates if you choose to renew. You can also earn bonus rates on these.