Wells Fargo Money Market Rates
Here at Wells Fargo Interest Rates Reviews, we constantly aim to provide all the latest and updated information and rates of Well Fargo. As such, today we will look further into Wells Fargo Money Market Rates.
Wells Fargo Money Market saving accounts promise to offer competitive rates along with an easy access to your money including the option of writing checks. The minimum deposit to open an account is at $100 with no monthly fee so long as you have a $3,500 daily balance or a $75 automatic monthly transfer from another Wells Fargo account and if customers are unable to comply with both, a monthly fee of $10 will be charged.
The competitive variable rates which are compounded daily is at an Annual Percentage Yield of 0.05% with a chance for a bonus APY at 0.15% for all balances at $0 or more. In order to receive the bonus APY on the Wells Fargo Money Market Savings account, customers must maintain any of the following: a Wells Fargo Complete Advantage Checking account, a Prime Checking account, Wells Fargo Premium Membership Checking account, or a Wells Fargo Custom Management Checking account.
There is an optional overdraft protection service of which customers will be able to opt into which protects all Wells Fargo checking accounts from overdrafts giving the advantage of a safe Money Market account.
