Today, we will bring you an update on the Wells Fargo Bank CD rates and features to help you decide if this is the best option for your money.

The current Wells Fargo Bank CD rates are 0.15% APY for a period of eleven months, 0.55% APY for a period of 26 months, 0.90% APY for a term of 39 months and 1.15% APY for a term of 58 months respectively. These are special offers going on at this time and the minimum amount required to open any of these accounts is $5,000. Other than these special offers, the regular CD rates at Wells Fargo Bank are 0.01% APY for a period of three months, 0.05% APY for a term of six months and 0.05% APY for a term of one year. These regular CDs require a minimum balance of $2,500 and they will automatically renew at the end of the period. It is up to to withdraw the money if you need it within seven days after the end of the term period.

These Wells Fargo Bank certificate of deposit rates are fairly competitive in the current market conditions and this makes it a good form of investment for anyone looking to earn interest on a sum of money that they will not need during the term period.

Wells Fargo Bank CD rates are rarely at the top of the list in returns, so their strong point is definitely their large national presence with local branches in nearly every major city. Top CD rates can be found elsewhere, but convenience is Wells Fargo’s strong point. There are four special offer Wells Fargo Bank CD rates right now on 7, 13, 25, and 39 month terms.

These specials have a $5,000 minimum deposit. They auto-renew for another term (listed in parenthesis) at standard CD rates. The Wells Fargo Bank certificate of deposit rates for 7 months (renews for 6 months) is 0.79% APY, the 13 month rate (renews for 12 months) is 1.37% APY. Wells Fargo CD rates for 25 months (renews at 24 months) is 1.93% APY and for 39 months (renews at 36 months) is 2.88% APY.

Other standard Wells Fargo Bank CD rates are for 3 months at 0.10% APY, six months at 0.10% APY, and 1 year at .040% APY, 0.60% APY, and 0.90% APY depending on total deposit. Minimum deposits for these standard rates is $2,500.

All Wells Fargo Bank accounts are FDIC insured. To lock in your top CD rates on Wells Fargo Bank certificate of deposit rates, be sure to do it quickly. These rates are subject to change at any time.

Four special offer Wells Fargo Bank CD rates are being given right now. All of them have a $5,000 minimum deposit and are auto-renewing, the new term at the standard Wells Fargo CD rates at the time of renewal.

These special offers start at 7 months (renewing for another 6) at 1.27% annual percentage yield (APY). A 13 month (renewing for 12 more) yields 1.72% APY and a 25 month at 2.22% APY (renewing for 24 months) is next. Finally, a 39 month (renewing for 36 more) at 3.02% APY finishes of the special CD rates at Wells Fargo Bank.

Right now, standard rates are available in 3 month, 6 month, or 1 year terms. These certificate of deposit rates begin at 0.10% APY for a $2,500 minimum deposit. The one year CD rates at Wells Fargo Bank pay of at 0.90% APY for $100,000 or 0.40% APY for $2,500 deposit.

As you can see, the Wells Fargo CD rates available right now are not very competitive with some others we’ve recently reviewed from other banks. If you’re looking for a CD and have a relationship with Wells Fargo already, then check your local branch or online to see if Wells Fargo CD rates are for you. Wells Fargo accounts are, of course, FDIC insured. Rates can change quickly and certificate of deposit rates are sometimes different by location as well.