Cd Rates 1 Year Wells Fargo

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.

Cd rates 1 year 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. You can also make an appointment online or by calling 1 800 869 3557. The step rate cd account can be opened only at a wells fargo branch. One year cd rates can help boost some of your short term savings.

On wells fargo s secure website. The standard rates require you to deposit 2 500. Cd rates could change significantly in a year and you might not want to miss out on a. Other than step rate cds rates are fixed for the term of the cd.

Wells fargo offers special and standard rate cds. 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. Step rate cds have a variable interest rate that is increased every six months.

Cd and savings interest rates from wells fargo. The special rates require you to deposit at least 5 000. You can go to any of well fargo s physical locations. 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.

0 4999 0 01. 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. 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.

Apply for an account online. 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. The rate of 0 20 is 1 lower than the average 1 2. Also it is 2 4 lower than the highest rate 2 60 updated apr 2020.

This offers a way to grow your balance at better rates. 9 month special cd rates from wells fargo bank are at 2 23 percent with an apy of 2 25 percent.