Wells Fargo High Performance Money Market Account

Ii deposit 25 000 or more in new money to the enrolled account.

Wells fargo high performance money market account.

Plus there may be other strings attached a large minimum opening deposit a high minimum monthly balance requirement monthly. If you link up the accounts then you are offered a rate of 0 15 while you earn just 0 05 without linking the accounts. This special interest rate offer is available only in branches. Current performance may be lower or higher than the performance data quoted and assumes the reinvestment of dividends and capital gains.

What some banks call a high performance money market account is really just a money market account that may or may not have a special rate and that special rate may or may not be a temporary or introductory rate. To receive the bonus apy you must maintain a linked wells fargo prime checking or wells fargo portfolio checking. Wells fargo bank money market account rates and terms. The content of this article is based on the author s opinions and recommendations alone.

Wells fargo bank money market account offers an apy starting at 0 01 apy stands for annual percentage yield rates may change. And iii maintain a minimum daily balance of 25 000 in the enrolled account. It may not have been previewed commissioned or otherwise endorsed by any of our network partners. Wells fargo retirement high yield savings.

For class c the maximum contingent deferred sales charge is 1 00. Wells fargo money market savings account also gives the benefit of bonus apy. Wells fargo s fake account scandal continues to haunt the big bank exacerbating headaches caused by shrinking interest rates. Checking savings cd money market and ira accounts editorial note.

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. What are the wells fargo bank money market account rates. You can also earn a higher rate if you opt for linking savings account with any of their premium checking account. Where savings accounts usually have a fixed interest rate these accounts have rates that vary regularly based on money markets.

Money market accounts are similar to savings accounts but they require you to maintain a higher balance to avoid a monthly service fee. Wells fargo bank reviews. Performance shown without sales charges would be lower if sales charges were reflected. Money market accounts offered by the bank have a minimum daily balance requirement and come with very low interest rates.