Wells Fargo CD rates
Written by
Edited by
The Bankrate promise
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for .
Wells Fargo's CD rates sit in the middle ground. They're not the lowest rates you'll find, but they're nowhere near competitive with what the broader market offers.
Wells Fargo's CD rates top out at around 1.75% APY for 2-year and 30-month terms — still significantly below the highest-yielding CDs on the market. Every Wells Fargo CD also requires a $2,500 minimum deposit, pricing out many savers.
Relationship banking customers can access slightly better rates, but even these don't compete with online banks.
Wells Fargo CD rates
| Term | APY | Min. deposit | Product Name |
|---|---|---|---|
| 3 months | 1.01% APY | $2,500 | CD |
| 6 months | 1.01% APY | $2,500 | CD |
| 1 year | 1.50% APY | $2,500 | CD |
| 2 years | 1.75% APY | $2,500 | CD |
| 30 months | 1.75% 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 | CD |
Note: Annual percentage yields (APYs) were last updated between Dec. 16 and Dec. 22 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.
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
Wells Fargo's savings account and money market account options also offer below-market APYs. You get access to Wells Fargo's extensive branch and ATM network, but you're paying for that convenience through lower yields.
Many savers are splitting their banking relationships — using Wells Fargo for checking and day-to-day banking where branch access matters, while moving savings and CDs to online banks offering higher rates.
This hybrid strategy lets you keep Wells Fargo's convenience for transactions while maximizing growth on money you don't need immediate access to. Compare high-yield savings accounts to see what you're missing.