Related Information

Living Longer, Living Better. Why it may be time to rethink retirement planning. Read the report.

Certificates of Deposit (CDs)

Earn Interest With Certificates of Deposit (CDs)

Certificates of deposit (CDs) are investments that let you earn a fixed rate of interest for a specified period of time, usually between three months and 15 years. The principal and accrued interest of certificates of deposit are insured by the Federal Deposit Insurance Corp. for as much as $250,000 per depositor per insured depository institution for each account ownership category.

A CD is not a security or insurance product and therefore is not covered by SIPC. Instead, CDs are insured by the FDIC up to certain limits.

We offer a wide range of certificates of deposit (CDs)
When to consider certificates of deposit (CDs)
Investing in certificates of deposit (CDs) through Wells Fargo Advisors

We Offer a Wide Range of Certificates of Deposit (CDs)

We offer a wide selection of callable and noncallable certificates of deposit (CDs) issued by banks and thrifts nationwide. This allows us to offer competitive rates from a range of banks and may help you maximize FDIC coverage.

Wells Fargo Advisors offers a broad range of CDs with a variety of features, terms, and risks. You should carefully consider your investment goals and the risks associated with a specific CD before investing. Your Financial Advisor can help you determine which structures are suitable for your portfolio.

Back to top

When to Consider Certificates of Deposit

If you're a conservative investor who intends to hold your investment to maturity, then you may want to consider investing in a certificate of deposit (CD). For a minimum investment, typically $1,000, you can purchase traditional certificates of deposit (CDs) through brokerage firms, such as Wells Fargo Advisors.

Although most investors intend to hold their certificates of deposit (CDs) until maturity, you may be able to sell a brokered CD before maturity in the secondary market. As with other fixed-income investments, the market value of a certificate of deposit (CD) will vary depending on current interest rates, the length of the CD's maturity, and other special features of the CD. In general, when interest rates rise, the value of a certificate of deposit will decrease, and vice versa.

Keep in mind: If you sell your certificate of deposit (CD) before it matures, you may receive less than its original cost.

Back to top

Investing in Certificates of Deposit (CDs) Through Wells Fargo Advisors

Your Financial Advisor can help you determine whether a certificate of deposit (CD) is an appropriate investment for you and provide you with the most current CD interest rate information. In addition, he or she has access to a wide range of certificates of deposit (CDs) with a variety of interest rates and maturities and can help you select a certificate of deposit that makes sense for you.

Note: Wells Fargo Advisors does not automatically reinvest the money from your maturing CD without discussing with you whether it's the right choice for your current needs.

Back to top