Wells Fargo Savings Account rates

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Savings rates at Wells Fargo

Wells Fargo offers two savings accounts: Wells Fargo Platinum Savings Account Wells Fargo Way2Save Savings.

The Wells Fargo Platinum Savings AccountYour account balance determines the tiered interest rate system. Even the lowest tier pays higher interest rates than many national brick and mortar banks. The Relationship Rate will be slightly higher if you link this account with a Wells Fargo account, but it is not significant.

This account could be a good savings option for earning a high rate at a brick and mortar bank. However, online high-yield savings accountsYou still have to pay a lot more.

The Wells Fargo Way2Save® Savings AccountPays 0.01% It allows you to waive the $5 account fee and offers an automatic savings tool. However, its rate is very low.

Compare savings rates at Wells Fargo

We’ve compared it. Wells Fargo Platinum Savings AccountSimilar savings accounts at two other national bank: Chase Bank of America.

Other Wells Fargo savings options

The Wells Fargo Fixed Rate CDThe term will pay 0.10% to 2.01%. A CD will earn you a higher interest rate than a Wells Fargo savings accounts, but you should be ready to part with your money for the duration of the term.

FAQ: Savings rates at Wells Fargo