The Platinum Savings account monthly service fee is $12 and can be avoided each fee period with a $3,500 minimum daily balance. New accounts require a minimum opening deposit of $25.1
Enroll a consumer Platinum Savings account for this offer by going to a branch by May 21, 2024, and having a banker apply your bonus offer code to the account.
Deposit $10,000 or more in new money to a Platinum Savings account within 30 days from account sign up, and maintain a minimum daily collected balance of $10,000 for 12 months (the promotional period).
The Promotional Interest Rate will be applied within 15 days of meeting the balance requirements.
Empower yourself with financial health(opens new window) resources that range from financial basics to retirement.
Build your savings automatically by setting up regular automatic transfers2 from your linked Wells Fargo checking account to your Platinum Savings account.
The interest-bearing Platinum Savings account gives you easy access to your money when you need it, including online and mobile access3, unlimited branch and Wells Fargo ATM withdrawals, and the option to write checks.
In order to earn the Promotional Interest Rate (Promotional Rate) of 4.50%, you must:
The corresponding Annual Percentage Yield (APY) for this offer is 4.60% as of March 11, 2024. Refer to the table below for complete interest rate information for all balances as of March 11, 2024. The Promotional Rate will be applied within 15 days of meeting the balance requirements. The 12 month promotional period begins on the day the Promotional Rate is applied to your Platinum Savings account. However, for any day during the promotional period that the daily collected balance is less than the $10,000 minimum, the Promotional Rate will not apply and the interest rate will revert to the Standard Interest Rate (or Relationship Interest Rate, if applicable) in effect for your Platinum Savings account. Each tier shown reflects the current minimum daily collected balance required to obtain the applicable APY. 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 (APYE) or interest earned though interest is accruing. Upon the expiration of the 12 month promotional period, Standard Interest Rates (or Relationship Interest Rate, if applicable) apply. Fees may reduce earnings. Interest rates are variable and subject to change without notice.
Balance | Standard Interest Rate | Promotional Interest Rate (effective for 12 months) | Annual Percentage Yield |
---|---|---|---|
$0 - $9,999.99 | 0.25% (0.01% in TX) | 0.00% | 0.25% (0.01% in TX) |
$10,000 - $99,999.99 | 0.25% (0.01% in TX) | 4.50% | 4.60% |
$100,000 - $499,999.99 | 1.00% (0.01% in TX) | 4.50% | 4.60% |
$500,000 - $999,999.99 | 1.98% (0.01% in TX) | 4.50% | 4.60% |
$1,000,000+ | 2.47% (0.01% in TX) | 4.50% | 4.60% |
Balance | Relationship Interest Rate4 | Promotional Interest Rate (effective for 12 months) | Relationship Annual Percentage Yield |
---|---|---|---|
$0 - $9,999.99 | 0.26% (0.02% in TX) | 0.00% | 0.26% (0.02% in TX) |
$10,000 - $99,999.99 | 0.26% (0.02% in TX) | 4.51% | 4.61% |
$100,000 - $499,999.99 | 1.01% (0.02% in TX) | 4.51% | 4.61% |
$500,000 - $999,999.99 | 1.99% (0.02% in TX) | 4.51% | 4.61% |
$1,000,000+ | 2.48% (0.02% in TX) | 4.51% | 4.61% |
Talk with a banker or see the "Consumer Account Fee and Information Schedule" and "Deposit Account Agreement"(opens new window) for complete savings account details, including the applicable monthly service fee and options to avoid it.
The actions required to earn this Promotional Rate are separate and distinct from the options available to you to avoid any applicable monthly service fee for the savings account you opened.
Terms and conditions apply. Mobile carrier's message and data rates may apply. See Wells Fargo's Online Access Agreement(opens new window) for more information.
Availability may be affected by your mobile carrier’s coverage area. Your mobile carrier’s message and data rates may apply.
A Relationship Interest Rate is variable and subject to change at any time without notice, including setting the interest rate equal to the Standard Interest Rate or to zero (0.00%), which could change the Relationship Annual Percentage Yield (APY). For CDs, the change will occur upon renewal. To receive a disclosed Relationship Interest Rate/ Relationship APY, the eligible savings account or CD must remain linked to a Prime Checking, Premier Checking or Private Bank Interest Checking account. Upon linking, it may take up to two business days for the Relationship Interest Rate to be applied to your eligible savings account. CDs must be linked at account open and/or at every renewal. If the checking account is closed for any reason or the eligible savings account or CD is de-linked, the account will revert to the then-current applicable Standard Interest Rate on that date; for CDs, this change will occur upon renewal. Any Special Interest Rate or Promotional Interest Rate would not expire until the expiration date of that Special or Promotional Interest Rate.
Get your 12-month Promotional Interest Rate
Your bonus offer code:
We will also send it to
Provide this code to a banker at a branch.
Branch appointments are encouraged ahead of time.