Wells Fargo Paying 2.15% APY on 58 Month CD

Wells Fargo is offering 2.15% APY on 58 month special CDs in a few states.

As Wells Fargo’s CD rates change from state to state, savers in Ohio, Florida and California get 2.15% APY whereas, savers in Iowa get 1.65% APY on the same period. A few other sates are not offered a special 58 month special rate.

For a minimum deposit of $5,000, Wells Fargo is giving 1.90% APY on CD rates to most savers in the U.S. This rate is almost 1/5th of a percentage point higher than the annual yields offered on an average for 60 month CDs by big thrifts and banks.