Wells Fargo CD Rates February 2010
Time for us here at High CD Rates Info to bring you up to date on the latest in Wells Fargo CD rates.
Wells Fargo is a major financial institution and has remained in a relatively stronger financial position despite the economic recession that resulted in the fall of some other giant banking institutions. The company offers a variety of investment options and its savings accounts have remained popular over the years along with certificates of deposit. As of Feb. 19, Wells Fargo bank cd rates for 3-month investment returns an APY of 0.10%. A 6-month investment returns an APY of 0.15%.
Wells Fargo CD rates for one year investment will return an APY of 0.30%. This APY rate is lower than the general market averages though many customers are more interested in investing their money in a mammoth institution like Wells Fargo. A minimum investment of $2,500 is necessary for the standard CD rates offered by the company.
CD rates at Wells Fargo Bank are the highest if customers are availing the special packages of the company. A 15-month CD, under the special offers plan, returns an APY of 0.55% and the certificate can be extended for 12 months. A 21-month CD returns an APY of 0.90% and it can also be extended for a term of 12 months. A 28-month CD returns an APY of 1.40% whereas a 35-month CD returns an APY of 1.90%.
Wells Fargo Bank CDs can be extended for a term of 24 months or two years. A minimum deposit of $5,000 is required to avail the special CD rates from the company.