Currently, Wells Fargo online banking lists two types of CD rates: standard and special offers.

For the shorter term, investors in Wells Fargo certificates of deposit will be interested in Standard CDs.  Wells Fargo CD rates for these accounts vary from 3 months to 1 year terms, with minimum deposits starting at $2,500.  The higher the deposit, the better the annual percentage yield (APY) for the term.

A 3 month CD yields 0.10% (regardless of deposit) while a six month ranges from the same to 0.40% with $100,000.  A one year (12 month) CD has an APY yield of 0.40% to 0.90% depending on deposit amount.

As you can see, for large bank, short-term investments, Wells Fargo CD rates are competitive.  For Wells Fargo online banking customers, special offers at longer terms and minimum deposits of only $5,000 are available.

These Special Offer CD rates are subject to some specific rules, including a longer-term rate automatically initiated once the Special Offer term is up.  So for a 7 month term, an additional 6 months at the current CD rate (at the end of the initial term) comes into effect.  These special rates, however, can effectively double (or more) the current Wells Fargo CD rates on standard CDs.  They range from 1.27% for the 7/6 month (7 months special, 6 months standard) CD to 3.02% for the 39/36 month CD.

Of course, these are special offers that may not last long, so be sure to check the Wells Fargo online banking site for the most current information as offers and terms change regularly for investment offerings like these.