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Wells Fargo CD rates

Written by
Marcos Cabello
Edited by
Hanna Horvath, CFP
Updated May 1, 2025
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Wells Fargo offers three standard terms of certificates of deposit (CDs) with annual percentage yields (APYs) that are well below the APYs offered by other top-yielding banks. Another drawback is the $2,500 minimum deposit required for Wells Fargo’s standard CDs, which can put Wells Fargo CDs outside the reach of some savers.

You can also earn relationship rates on these CDs by linking them to certain Wells Fargo checking accounts. The Premier, Prime or Private Bank Interest Checking accounts are eligible checking accounts that can be linked for a relationship APY.

Read Bankrate’s Wells Fargo review to learn more about how the bank scored across its deposit product offerings.

Wells Fargo CD rates

Product Name Term APY Min. deposit
CD 3 months 2.00% APY $2,500
CD 6 months 2.00% APY $2,500
Special Fixed Rate CD 7 months 3.75% APY $5,000
Special Fixed Rate CD 11 months 3.50% APY $5,000
CD 1 year 2.00% APY $2,500
CD 2 years 2.25% APY $2,500
CD 30 months 2.25% APY $2,500
CD 3 years 1.01% APY $2,500
CD 4 years 1.01% APY $2,500
CD 5 years 1.01% APY $2,500

Note: Annual percentage yields (APYs) were last updated between May 7 and May 13 and may vary by region.

Rate history for Wells Fargo's CD accounts

See how rates for this account have changed over time. Select the CD term length from the dropdown and interact with the trend lines to view APY by date.

Wells Fargo
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National average APY
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How Wells Fargo CDs compare with top-yielding banks

Wells Fargo offers three standard-term options on its website that can be useful when planning out your savings goals. The APYs, however, are generally lower when compared with CDs offered by other financial institutions. The best APYs on the market surpass four percent APY for one-year CD terms, which is considerably higher than most of the APYs offered by Wells Fargo.

You can likely find a better option than Wells Fargo if you have some savings that you would like to move into a CD. Some banks that offer top rates include:

Other savings options at Wells Fargo

Beyond CDs, Wells Fargo has a couple of savings account options with access to an expansive network of branches and ATMs but comparatively low APYs.

Marcos Cabello Arrow Right Icon Writer, Banking and Deposits
Marcos Cabello is a banking writer at Bankrate, where he’s dedicated to helping readers make the best decisions about their finances. Previously, Marcos wrote about money for CNET and NextAdvisor, running the gamut of personal finance topics including U.S. economic policy and cryptocurrency.