Wells Fargo Long-Term CD Rates
The Wells Fargo Long-Term CD Rates is the best rate they have to offer on this ultra conservative type of investment. To inquiry about this rate you can go to Wells Fargo Online Banking or just read the below information that was gathered on May 5, 2011.
The longest term CD Wells Fargo has to offer at this time is the 58 month promotional CD. It is earning a fixed APY of 2.15%. The minimum investment of this CD required a deposit of $5,000. This APY is only available for the initial term of the CD. At this CDs maturity wit will be automatically renewed as a 4 year CD with the current APY of that CD at that time.
If you do not wish to have your CD to be rolled over into a new 4 year CD, you must contact your Well Fargo representative during the grace period at the end of the term. This grace period last for 7 days after the term expires.
The next longest term CD currently being offered by Wells Fargo is the 43 month promotional CD. It is currently earning a fixed APY of 1.40%. This CD also requires a minimum deposit of $5,000. This APY is only for the initial term of the CD. At this CDs maturity, the new renewal term will be a 3 year CD. The grace period on this CD to reinvest the money in another term CD, add to the CD or withdraw the funds is 7 days.
These ate the Wells Fargo Long-Term CD rates as posted on April 30,2011 and are subject to change without notice.