s. WRITE A REVIEW GET ALERTS FOR THIS BANK. © 1999 - 2021 Wells Fargo. 5 star: (46) 4 star: (48) 3 star: (24) 2 star: (15) 1 star: (207) Order by: Most Helpful | Most Recent. Withdrawals made within 7 days of account opening including the opening day. Payment of interest on CDs is based on term: Penalties could reduce earnings on the account. As a traditional bank, Wells Fargo offers rates on savings that are typical of what you'd expect. Wells Fargo Money Market Fund is an open-end fund incorporated in the USA. Of course as with your savings accounts, you’ll probably want to maximize your savings with the highest money market rates. Please note that the seven-day current yield must be quoted to the customer. Banks. Interest Rates and Annual Percentage Yields for all checking and savings accounts are variable that the Bank can change at any time. Vanguard Tax-Exempt Money Market VMSXX : Retail : Wells Fargo National Tax Free Money Fund* WFNXX Retail : Page 2 of 4 . Wells Fargo Money Market Fund Rates. We are looking at return options for excess cash. What is Wells Fargo savings account interest rate? That rate applies to all balances. The Federal Reserve did the first significant repurchase operation since 2008. Expenses. Bonus Step Rate CD APY (and interest rate, if shown) is applicable to the initial 24-month term. WELLS FARGO TERMINATES EMPLOYEES OVER POTENTIAL COVID-19 RELIEF FRAUD. In any month the amount of accrued interest is less than $0.01, periodic statements will show no Annual Percentage Yield Earned or interest earned though interest is accruing. WMPXX | A complete Wells Fargo Money Market Fund;Premier mutual fund overview by MarketWatch. Mention this money market account using @1001242b. Those better rates often also come with a lower minimum deposit than what Wells Fargo requires. A Wells Fargo Business Market Rate Savings account is for businesses with lower balances just starting to save or saving for unexpected expenses. Wells Fargo earned a 2.5 out of 5 stars in Bankrate's overall review of the bank. Wells Fargo Discussion. Holdings. The Annual Percentage Yields (APY) shown are offered on accounts accepted by the Bank and effective for the dates shown above, unless otherwise noted. Wells Fargo offers checking, savings, CD, money market and IRA accounts. A copy of the then-current rate sheet will be provided to you before you open your account or is available at any time upon request from a banker. Today there was a spike in money market rates (repo) not seen in a decade. Q: I AM INQUIRING ABOUT SAVINGS CD AND MONET MARKET RATES FOR 3 YEARS Reply • william from San Antonio, United States • Q: I was inquiring about commercial money market and CD rates. $100 minimum opening deposit; $10 monthly service fee – waived with $3,500 minimum daily balance or $75 automatic monthly transfer from another Wells Fargo account; Withdrawal and transfer transaction limited to 6 per month ; Compounded daily; Wells Fargo Money Market Savings Rates – California – as of 7/8/2011. Navegó a una página que no está disponible en español en este momento. Overall, the yields offered by the big bank leave something to be desired. For terms over 24 months, the penalty is 12 months' interest. Although the fund seeks to preserve the value of your investmentat $1.00 per share, it cannot guarantee it will do so. Distributions. These CDs require a minimum $2,500 deposit. If you receive a periodic account statement, that statement will include the Annual Percentage Yield Earned (APYE) on your account for the period covered by the statement. Key features: The average rate offered by Discover Bank's money market account in the latest America's Best Rates survey was .531% higher than the average money market rate in that survey. Retail money market funds: You could lose money by investing in the fund. Selecione Cancele para permanecer en esta página o Continúe para ver nuestra página principal en español. Open an MMA today. Withdrawals will reduce earnings. To be eligible for the bonus rate, you’ll need to link your Step Rate CD to a Portfolio by Wells Fargo checking account. Reviews. Withdrawals made during the grace period, when additional deposits are made during the grace period and the withdrawal exceeds the amount of the matured CD balance. Wells Fargo offers special and standard rate CDs. 4. Please note that it is permitted to quote the 1-day and 30-day yields, but the 7-day current yield must be quoted to the customer. Please enable JavaScript on your browser and refresh the page. Wells Fargo Bank Reviews. We are looking at return options for excess cash. NMLSR ID 399801, Please enter a valid zip code to see products available for your area. Laurie R. White Managing Director and Senior Fund Manager, Taxable Money Funds 612-667-4275. laurie.r.white@wellsfargo.com . APY MIN MAX ACCOUNT NAME VIEW DETAILS; 0.01% †-$5k: Portfolio by Wells Fargo: 0.01% † $500-Wells Fargo Preferred Checking : Wells Fargo Bank CD Rates. These rates already factor in a 0.25 percent discount, which applies if you have a Wells Fargo checking … Fitch Ratings Ltd. rates the creditworthinessof moneymarket funds from AAAmmf (highest) to Bmmf(lowest). Wells Fargo Advisors Cash Sweep Rates & Yields. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. $2,500 Money Market Funds List is not a personalized recommendation to buy or sell any specific fund or an endorsement of any particular fund for your specific individual circumstances. You can also earn a higher rate if you opt for linking savings account with any of their premium checking account. Interest is compounded daily and paid monthly. The Way2Save account earns a 0.01% APY. Please note that the seven-day current yield must be quoted to the customer. What is Wells Fargo savings account interest rate? These accounts include insurance companies, government accounts, credit unions, and banks. Does Wells Fargo offer more than one savings account? Para permanecer en esta página o Continúe para ver nuestra página principal en español en este.... A debit card and/or checks sources outside of the Bank can change at any and... 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