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

Complete these steps to get the 12-month Promotional Interest Rate*:

1. Sign Up

Sign up a consumer Platinum Savings account for this offer by going to a branch by April 9, 2024, and having a banker apply your bonus offer code to the account.

2. Deposit

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).

3. Enjoy

The Promotional Interest Rate will be applied within 15 days of meeting the balance requirements.

Platinum Savings, a flexible account to help build your savings.

Financial Education

Empower yourself with financial health(opens new window) resources that range from financial basics to retirement.

Automatic Transfers

Build your savings automatically by setting up regular automatic transfers2 from your linked Wells Fargo checking account to your Platinum Savings account.

Flexible Access to your Money

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.

Promotional Interest Rate disclosure


*Eligibility Requirements:

  • This offer is for consumer Platinum Savings customers only. Platinum Savings is the only account eligible for this offer.
  • You must provide your bonus offer code to a banker at a Wells Fargo branch to sign up your Platinum Savings account for this offer.
  • You are not eligible for this offer if you are a Wells Fargo employee.

Offer Requirements:

In order to earn the Promotional Interest Rate (Promotional Rate) of 4.50%, you must:

  1. Sign up your Wells Fargo Platinum Savings account for this offer by going to a branch and having a banker apply your bonus offer code to the account.
  2. Deposit $10,000 or more in new money to your Platinum Savings account within 30 days from the account signup, and maintain a minimum daily collected balance of $10,000 for 12 months (the promotional period).
    • New money is money that is new to the customer or new to Wells Fargo (deposited into the customer’s savings account from outside of Wells Fargo and Company and all affiliates, or from a Wells Fargo account not owned by the customer).
    • New money deposited up to 7 calendar days prior to the bonus offer code being applied to the account will count towards the offer qualification requirements. Please see a banker for details.

The corresponding Annual Percentage Yield (APY) for this offer is 4.60% as of February 17, 2024. Refer to the table below for complete interest rate information for all balances as of February 17, 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.


Promotional Interest Rate Offer
Wells Fargo Platinum Savings


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%

Promotional Interest Rate Offer when Relationship Interest Rate Applies4
Wells Fargo Platinum Savings


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%

Additional Terms and Conditions:

  • Offer expires April 9, 2024. However, this offer may be discontinued or changed at any time prior to the expiration date without notice.
  • This offer cannot be:
    • Paid without a valid U.S. Taxpayer Identification Number (Form W-9 for U.S. persons including a resident alien). Non-resident aliens, signing Form W-8 are not eligible for the offer.
    • Reproduced, purchased, sold, transferred, or traded.

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.


  1. 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.

  2. 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.

  3. Availability may be affected by your mobile carrier’s coverage area. Your mobile carrier’s message and data rates may apply.

  4. The 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 time accounts, the change will occur upon renewal. To receive the disclosed Relationship Interest Rate/ Relationship APY, the eligible account must remain linked to a Prime Checking, Premier Checking or Private Bank Interest Checking account. Time Accounts must be linked at account open and at every renewal. If the checking account is closed for any reason or the eligible savings account or time account is de-linked, the account will revert to the then-current applicable Standard Interest Rate on that date; for time accounts, 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.