Wells Fargo is a well known brick and mortar bank. Unfortunately, their CD rates are a bit lower than the highest CD rates available. Currently the Wells Fargo website is offering two special CD rate promotions at 4.90% 3 month and 5.00% 6 month certificate of deposits. These rates are decent, but nowhere near the top CD rates.

Their other rates range from 2.00% APY on the low end to 4.20 on the high end. I would recommend shopping around and comparing CDs before choosing Wells Fargo. Realistically the only reason you might choose Wells Fargo CDs are for convenience or because you feel that the other banks are not safe. However, almost all online banks are FDIC insured for up to $100,000.

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