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 and the frequency of compounding for a 365-day period. Your account statement will include the APY earned on your savings accounts and interest-earning checking accounts for the period covered by the statement.
A Platinum Savings account offers premium interest rates and access to your money with the option to write checks.
You'll also get:
- Optional Overdraft Protection. Use your Platinum Savings account to protect your Wells Fargo checking account from overdrafts.
- Secure online access. Carry Wells Fargo in your pocket with Mobile Banking, and get secure online access to view balances and statements.
- Online savings tools. Automatic transfers make saving easy, and My Savings Plan® helps you set and track your saving goals.