Wells Fargo Paying 1.15% APY on 58 Month CDs

At Wells Fargo, savers can avail a special certificate of deposit for the 58 month term.

It pays 1.15% APY on minimum deposits of $5,000. The deal is better than the average rate of 1.12% APY, which is offered by most financial institutions. Savers in New York City, Miami, Los Angeles, Detroit, Boston and Chicago can earn Wells Fargo’s rate.