Best CD Rates

Wells Fargo CD Rates

The Wells Fargo Wachovia acquisition is hot off the press and therefore Wells Fargo is going to be a bigger powerhouse bank across the country.  With such Wells Fargo Wachovia acquisition, more and more of our readers are going to be interested in Wells Fargo CD rates.  This article will review such Wells Fargo CD rates.

Wells Fargo Bank CD rates come in two flavors, standard CDs and Special offer featured Wells Fargo CD rates.  The standard Wells Fargo CDs have awful CD rates.  The majority of the certificate of deposit terms earn interest sub 2% APY.  That is horrible.  However, the Special offer CDs offer better CD rates.

For October, Wells Fargo is featuring three CDs.  The first is the Wells Fargo 7 month CD which has an APY of 3.40%.  This is a pretty good CD interest rate, but there are bank CDs with much higher rates of interest.  However, if you are a Wells Fargo account holder you might be interested in investing in Wells Fargo CDs.  Therefore, these 7 month CD rates might not be too bad for you.  They are a lot higher than the Wells Fargo savings account interest rates.

The second Wells Fargo CD featured this month is the 14 month CD.  This 14 month CD has an APY of 3.05% and requires a minimum deposit of $5,000.  I much prefer the 7 month Wells Fargo CD.  But, if you want to lock in 3.05% for a longer term, you might be interested in this 14 month CD.

The third Wells Fargo featured CD is the 19 month CD.  This 19 month CD has a CD interest rate of 3.30% APY.  These Wells Fargo CD rates are not the best CD rates, but again, if you are a Wells Fargo account holder, they might be exactly what you want to buy.

One Response to “Wells Fargo CD Rates”

1. Lyn Says:
   

   If someone has a 5 year CD
   at a high rate at Wachovia
   what will happen to that CD
   when Wells Fargo takes over ?

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