If you receive a periodic statement, that statement will include the Annual Percentage Yield earned (APYE) on your account for the period covered by the statement.

The APY (Annual Percentage Yield) is a percentage rate that reflects the total amount of interest paid on the account, based on the interest rate compounded daily for a 365-day period.

This Special Interest Rate offer is available only in branches. To earn the Special Interest Rate ("Special Rate"), you must (i) enroll a Platinum Savings Account in this offer by speaking to a banker and requesting the Special Rate; (ii) deposit $25,000 or more in new money to the enrolled account; and (iii) maintain a minimum daily balance of $25,000 in the enrolled account. Successful enrollment is confirmed via a Special Pricing Interest Rate Receipt. "New money" is money from sources outside of the customer's relationship with Wells Fargo Bank, N.A. or its affiliates (which includes all deposit, brokerage and loan/credit accounts). Any day of the promotional period that the daily account balance is less than $25,000, the enrolled account will not be eligible for the Special Rate and will earn the applicable Standard Interest Rate, which is a variable rate, subject to change without notice. When the Special Rate expires, the account will revert to then-current Standard Interest Rates. If the promotional period is less than 12 months, the Annual Percentage Yield shown is a blended Annual Percentage Yield based on the account earning the Special Rate for the promotional period and the Standard Interest Rate for the remaining months. The Special Rate is available for accounts with aggregate balances up to $1 million. You may enroll in the Special Rate offer only during the effective dates noted on the Consumer Checking and Savings Accounts rate sheet. We may terminate this offer without notice. To receive the disclosed Bonus Annual Percentage Yield, the enrolled account must remain linked to a Portfolio by Wells Fargo ® program. For details, see Bonus Annual Percentage Yield Disclosure.

One partial withdrawal which does not reduce the balance below the minimum opening deposit amount may be made without an Early Withdrawal Penalty within five business days beginning on each of the three days the interest rate increases. If any withdrawal causes the balance to drop below the minimum opening deposit amount, an Early Withdrawal Penalty will be assessed on the entire amount withdrawn. Early withdrawals made on any day other than during the five-day penalty-free withdrawal period beginning on each of the three days the interest rate increases will be subject to an Early Withdrawal Penalty. Withdrawals will reduce earnings. At maturity, the Step Rate CD will automatically renew as a Standard (non-step) 24-month fixed rate CD (Time Account), at the interest rate and APY in effect for CDs not subject to a Special Offer Rate, unless the Bank has notified you otherwise. Public Funds are not eligible for this offer.

Minimum opening deposit of $5,000 required. Public funds are not eligible for these offers. Special Offer Rate applicable to initial term only. At maturity, CDs will automatically renew for the Renewal Term stated above, at the interest rate and APY in effect for CDs not subject to a Special Offer Rate, unless the Bank has notified you otherwise.

The interest rates and Annual Percentage Yields displayed here are for the Wells Fargo Bank locations in the California counties of Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano and Sonoma.



Current Deposit Rates for 09/26/2020 - 10/02/2020

Savings Accounts:

Annual Percentage Yields and Interest Rates shown are offered on accounts accepted by the Bank and effective for the dates shown above, unless otherwise noted. Interest Rates are subject to change without notice. Interest is compounded daily and paid monthly. Interest is calculated and accrued daily based on the daily collected balances in the account. Accrued interest is considered to be earned and will be paid only when the total interest accrued reaches $0.01 or more. In any month the amount of accrued interest is less than $0.01, periodic statements will show no Annual Percentage Yield Earned or interest earned though interest is accruing. Interest Rates and Annual Percentage Yields for all checking and savings accounts are variable that the Bank can change at any time. Fees could reduce earnings.

The balance tiers for the accounts listed in this disclosure are as follows: $0 to $499.99; $500 to $999.99; $1,000 to $2,499.99; $2,500 to $4,999.99; $5,000 to $9,999.99; $10,000 to $24,999.99; $25,000 to $49,999.99; $50,000 to $99,999.99; $100,000 to $249,999.99; $250,000 to $499,999.99; $500,000 to $999,999.99; $1,000,000 or more. Wells Fargo interest rates offered within two or more consecutive tiers may be the same. When this is the case, this disclosure may show those multiple tiers as a single tier. Each tier shown reflects the current minimum daily collected balance required to obtain the applicable Annual Percentage Yield.

A copy of the then-current rate sheet will be provided to you before you open your account or is available at any time upon request from a banker.

CD Accounts: