The Wells Fargo Certificate of Deposit (CD) is a popular investment choice for many people because it offers a guaranteed return on your investment. However, Wells Fargo does charge fees for certain services related to CDs.
There is a $25 early withdrawal fee for CDs with terms of 12 months or less. For CDs with terms of more than 12 months, the early withdrawal fee is 6 months’ interest.
If you choose to renew your CD, Wells Fargo will charge you a $25 renewal fee. This fee is waived if you have an automatic renewal and the renewal is processed …