Wells Fargo Savings Account Rates Update
Wells Fargo is one of the leading banks in the United States today and they offer many kinds of financial products to their customers. Their savings products include certificate of deposits (CDs) and different kinds of savings accounts. There are three kinds of savings accounts and they are Wells Fargo Goal Saving account, Wells Fargo Money Market Savings account and Wells Fargo High Yield Savings account. These accounts come with many flexible features. Also, the Wells Fargo interest rates on these accounts is very good and competitive. These factors make it quite popular among customers.
The Wells Fargo savings account rates for a Goal Saving account is 0.05% for all balances. The minimum amount required to open this account is $100 or this account can be opened with just $25 provided a monthly automatic transfer option is set up. The Wells Fargo money market rates is 0.15% for all balances and this money market savings account also requires a minimum deposit of only $100. Wells Fargo savings rates for the High Yield savings account is 0.05% for a balance of less than $25,000 and 0.40% for a balance of more than $25,000. A bonus interest can also be earned on the high yield account provided there is a linked primary checking account. The bonus rate is 0.15% for a balance of less than $25,000 and 0.50% for balance of more than $25,000. This account requires a Wells Fargo checking account. These interest rates are one of the reasons for the popularity of these savings accounts as a good avenue of investment and saving.
