Wells fargo cds time accounts give you guaranteed fixed rates and a choice of terms.
Wells fargo cd rates july 2018.
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.
Wells fargo offers special and standard rate cds.
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.
You can go to any of well fargo s physical locations.
You can also earn bonus rates on these.
The first six months have an interest rate of 0 01 the next six months have a 0 02 rate and so on.
The standard rates require you to deposit 2 500.
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.
3 month cd minimum deposit of 10 000 apy.
The step rate cd account can be opened only at a wells fargo branch.
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.