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Savings and Certificate of Deposit (CD) Interest Rates

CA, 94105 Change Location
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Today’s savings rates

Today’s CD Special Rates

Today's Standard Fixed Rate CDs

View Wells Fargo Destination® IRA rates

FAQs

No. Special Interest Rates are applicable for the initial term only. On the maturity date, your Special Fixed Rate CD will automatically renew for the disclosed Renewal Term, and the interest rate will reset at the Standard Interest Rate and Annual Percentage Yield (APY) in effect on the maturity date unless you make a change on the maturity date or during the ten-calendar-day grace period.

Approximately 30 days before maturity, we will send you a notice reminding you of the maturity date and scheduled renewal term. On the maturity date or during the following ten-calendar-day grace period you may make any of the following changes:

  • Renew the CD at a term and rate that is best for you,
  • Add funds or generally make withdrawals,
  • Close the CD.

Interest is only paid through the maturity date if you choose to withdraw funds or close your CD. It is important to review the terms of your CD agreement or contact customer service to understand the renewal options available to you.

Call 1-800-869-3557 or make an appointment with a banker to help with the changes listed above.

Yes. On the maturity date, your Standard Fixed Rate CD will automatically renew for the initial term and the interest rate will reset at the Standard Interest Rate and Annual Percentage Yield (APY) in effect on the maturity date unless you make a change on the maturity date or during the ten-calendar-day grace period.

Approximately 30 days before maturity, we will send you a notice reminding you of the maturity date and scheduled renewal term. On the maturity date or the following ten-calendar-day grace period you may make any of the following changes:

  • Renew the CD at a term and rate that is best for you,
  • Add funds or generally make withdrawals,
  • Close the CD.

Interest is only paid through the maturity date if you choose to withdraw funds or close your CD.

Call 1-800-869-3557 or make an appointment with a banker to help with the changes listed above.

You may pay an early withdrawal penalty or a Regulation D penalty, but not both, if you withdraw funds from your account before the term is complete. Some exceptions may apply. Penalties could reduce earnings on this account. The penalty amount is calculated and deducted from any earned interest. If the penalty is greater than the earned interest, the remaining penalty amount is deducted from the principal of the account.

The Regulation D Penalty is seven days' simple interest on the amount withdrawn and applies to:

  • Withdrawals made within seven days of account opening including the day the account was opened
  • Withdrawals made during the grace period, when additional deposits are made during the grace period and the withdrawal exceeds the amount of the matured CD balance
  • Withdrawals within seven days of any prior withdrawal where the Bank's early withdrawal penalty is not applied

Other than the Regulation D penalty described above, any money withdrawn from the CD before the end of its term will be subject to an early withdrawal penalty based on the length of the CD term. If your term is:

  • Less than 90 days (or less than 3 months), the penalty is 1 month's interest
  • 90 through 365 days (or 3-12 months), the penalty is 3 months' interest
  • Over 12 months through 24 months, the penalty is 6 months' interest, or
  • Over 24 months, the penalty is 12 months' interest

The monthly service fee for Wells Fargo Fixed Rate CDs is $0. The minimum opening deposit for the standard rate is $2,500.

 You may pay an early withdrawal penalty or a Regulation D penalty if you withdraw funds from your account before the term is complete. Some exceptions may apply. Penalties could reduce earnings on this account.

The Regulation D penalty is seven days’ simple interest on the amount withdrawn and applies to:

  • Withdrawals made within seven days of account opening including the day the account was opened.
  • Withdrawals made during the grace period, when additional deposits are made during the grace period and the withdrawal exceeds the amount of the matured CD balance.
  • Withdrawals within seven days of any prior withdrawal where the Bank’s early withdrawal penalty is not applied.

Other than the Regulation D penalty described above, any money withdrawn from the CD before the end of its term will be subject to an early withdrawal penalty based on the length of the CD term. If your term is:

  • Less than 90 days (or less than 3 months), the penalty is 1 month's interest,
  • 90 to 365 days (or 3-12 months), the penalty is 3 months' interest,
  • Over 12 months through 24 months, the penalty is 6 months' interest, or
  • Over 24 months, the penalty is 12 months' interest.

See the Business Account Fee and Information Schedule and Deposit Account Agreement for additional business account information.

Special Interest Rate CDs require a $5,000 minimum opening deposit unless otherwise noted. Public funds are not eligible for these offers. Special Interest Rates are applicable to initial term only. At maturity, Special Interest Rate CDs will automatically renew for the Renewal Term stated above, at the interest rate and Annual Percentage Yield (APY) in effect on the maturity date for CDs not subject to a Special Interest Rate, unless the Bank has notified you otherwise. The Bank may limit the amount you may deposit in this product to an aggregate of $2.5 million.

A Relationship Interest Rate is variable and subject to change at any time without notice, including setting the interest rate equal to the Standard Interest Rate or to zero (0.00%), which could change the Relationship Annual Percentage Yield (APY). For CDs, the change will occur upon renewal. To receive a disclosed Relationship Interest Rate/Relationship APY, the eligible savings account or CD must remain linked to a Prime Checking, Premier Checking or Private Bank Interest Checking account. Upon linking, or switching a linked account to an eligible savings account, it may take up to two business days for the Relationship Interest Rate to be applied to your eligible savings account. CDs must be linked at account open and/or at every renewal. If the checking account is closed for any reason or the eligible savings account or CD is de-linked, the account will revert to the then-current applicable Standard Interest Rate on that date; for CDs, this change will occur upon renewal. Any Special Interest Rate would not expire until the expiration date of that Special Interest Rate.

The minimum opening deposit for a Standard Fixed Rate CD is $2,500, unless otherwise noted.

Current Deposit Rates for -

Savings Accounts:

A copy of the then-current rate sheet will be provided to you before you open your account or is available at any time upon request from a banker.

CD Accounts:

Annual Percentage Yields (APYs) and Interest Rates shown are offered on accounts accepted by the Bank and effective for the dates shown above, unless otherwise noted. Interest Rates are subject to change without notice.

CD rates are fixed for the term of the account. A penalty may be imposed for early withdrawal from a CD. For CDs, interest begins to accrue on the business day you deposit non-cash items, such as checks. Penalties – including early withdrawal penalties – could reduce earnings.

Interest is compounded daily. Payment of interest on Standard CDs is based on term:

  • For terms less than 12 months (365 days), interest may be paid monthly, quarterly, semi-annually, or at maturity (the end of the term).
  • For terms of 12 months or more, interest may be paid monthly, quarterly, semi-annually, or annually.

CD rates are subject to change at any time and are not guaranteed until the CD is opened.

Early withdrawal(s) may be subject to either the Regulation D Penalty or the early withdrawal penalty. Some exceptions may apply.

The Regulation D Penalty is seven days' simple interest on the amount withdrawn and applies to:

  • Withdrawals made within seven days of account opening including the day the account was opened.
  • Withdrawals made during the grace period, when additional deposits are made during the grace period and the withdrawal exceeds the amount of the matured CD balance.
  • Withdrawals within seven days of any prior withdrawal where the Bank's early withdrawal penalty is not applied.

Other than the Regulation D penalty described above, any money withdrawn from the CD before the end of its term will be subject to an early withdrawal penalty based on the length of the CD term. If your term is:

  • Less than 90 days (or less than 3 months), the penalty is 1 month's interest,
  • 90 through 365 days (or 3-12 months), the penalty is 3 months' interest,
  • Over 12 months through 24 months, the penalty is 6 months' interest, or
  • Over 24 months, the penalty is 12 months' interest.

See the Consumer Account Fee and Information Schedule and Deposit Account Agreement for additional consumer account information.

Wells Fargo Bank, N.A. Member FDIC.

QSR-12202025-6721727.1.1

LRC-0624