I store my wheat germ in the fridge. I've had jars in there for literally years and with no noticeable degradation in quality. So it's probably just a matter of whether you have more room in your fridge or your freezer (definitely more room in my fridge). Also, if the wheat germ is in a glass jar, you might need to pour the contents into a bag or plastic container to store it in the freezer. I've had glass jars break when stored in the freezer.
My Before and After Pics
"Decide what you want; decide what you're willing to exchange for it; establish your priorities, and go to work." --H.L. Hunt
"Life has hills. Set the treadmill at an incline."