Like all savings banks, Wells Fargo can only offer CD rates with historically low rates.  The interest rates on CDs are very low because federal interest rates have been kept low in an attempt to encourage buying and to reignite the economy.  Due to poor economic indicators, Wells Fargo CD rates should not be expected to increase too dramatically in 2010.
 
According to the Wells Fargo website, the bank offers various different bank rates on varying different certificates of deposit.  Wells Fargo presently is offering three standard CD products.  The 3 month certificate of deposit rate is 0.10% APY regardless of minimum deposit.  The minimum deposit on a Wells Fargo CD ranges from $2,500 to $100,000.
 
For a 6 month certificate of deposit, the bank rates increase slightly.  With a minimum deposit of $2,500, the CD rates are 0.20% APY.  For someone looking for a slightly higher interest rate, they could attempt opening a 12 month CD.  Well Fargo offers a 12 month CD rate of 0.30% for someone looking to open a CD with a minimum deposit of 0.30%.  For someone looking to open a much larger certificate of deposit, a 12 month CD with a $100,000 minimum deposit can be opened with a APY of 0.35%. 
 
While the standard CD products and Wells Fargo are quite low, the bank does presently offer their highest CD rates with their special offer CD products. With a minimum deposit of $5,000 a Wells Fargo customer could open a 15 month CD with an APY of 0.55%.  With a $5,000 deposit Wells Fargo offers an interest rate of 0.90% APY on a 21 month CD and an interest rate of 1.40% on a 28 month CD.  The 15 month and 21 month CDs come with a renewable term of 12 months and the 28 month CD comes with a renewable term of 24 months.    
 
The highest CD rate available to Wells Fargo customers comes with their 35 month CD.  With a minimum deposit of $5,000, a Wells Fargo customer can get a CD with an interest rate of 1.90% APY.  This 35 month CD also comes with a renewal 24 month term.