Wells Fargo CD Rates Update
This is an August 2010 Wells Fargo CD rates update to help the American consumer to be informed. The CD rates that are posted are good from July 31, 2010 until August 6, 2010.
The Standard CDs are at fixed rates for the term of their deposit. The 3 month CD has an APY of 0.10%. The 6 month CD has an APY of 0.15%, and the 1 year CD has an APY of 0.20%. At the end of each term, each CD has a grace period of 7 days. If no action by the holder of the certificate is taken, then the deposit will automatically be reinvested in the same term CD.
There are also 5 special CD rates offered by Wells Fargo. The special 9 month CD with an APY of 0.35% that renews at a 6 month term. The 23 month CD has a 0.90% APY that renews at a 12 month term. The 33 month CD has an APY of 1.40% that renews at a 24 month term. The 45 month CD has an APY of 1.90% that renews as a 36 month term, and the 58 month CD has an APY of 2.40% that renews as a 48 month term.
The minimum deposit is $5000 to open an account for one of these CDs. These special rates are only good for the initial term of the deposit and a shorter term will occur automatically if no action is taken by the depositor.
This is a Wells Fargo CD rates update for August 2010.
For additional resources about CDs on this website, please view Jumbo Long-Term CDs. On our other sister sites, there is information on bank bonuses on Best Bank Bonuses.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution
Related posts:
- Wells Fargo CD Rates Review
- Wells Fargo CD Rates August Review 2011
- Current Wells Fargo CD Rates
- Wells Fargo Bank CD Rates February Review 2012
- Today Wells Fargo CD Rates
Tags: bank cd rates, Best CD Rates, CD rate, investing, money, wells fargo
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