Chase CD Rates: May 2025 Update

Chase Bank provides a range of flexible CD terms, though their APYs tend to be on the lower side compared to other institutions.

While Chase offers terms from a few months up to five years, their highest APY—around 4% for a two-month CD—is competitive primarily for existing customers. Non-customers often face significantly lower rates.

Below is a detailed summary of Chase Bank’s CD rates based on various terms and deposit amounts. Standard rates apply to non-Chase customers, while relationship rates benefit those with linked Chase personal checking accounts. Compare these with some of the best high-yield CDs available today.

Note

Chase CD rates can differ by location, and the rates shown use New York City’s 10001 ZIP code as a reference. Availability may vary in other areas.

Compare Chase Bank CD Rates

Chase’s standard CDs generally offer lower interest rates than many high-yield options on the market. It’s essential to review all terms and conditions to select the best fit for your financial goals.

Key Features of Chase Bank CDs

Important

When your Chase CD matures, you have a 10-day grace period to modify or withdraw funds. If no action is taken, the CD automatically renews at the same rate and term.

Pros and Cons of Chase CDs

Pros

• Competitive top-tier rates for short-term CDs
• Wide range of term options

Cons

• Generally lower rates compared to other banks
• Relatively high minimum deposit requirement

Detailed Pros

• Competitive top rates: Chase offers up to 4.0% APY on two-month CDs, which is attractive for short-term savers.
• Flexible terms: Options range from 1 month to 5 years, accommodating various savings strategies.

Detailed Cons

• Lower rates elsewhere: Many banks and credit unions offer higher APYs, especially for longer terms.
• Minimum deposit: A $1,000 minimum deposit may be restrictive for some investors.

About Chase Bank

With more than 4,700 branches nationwide, Chase Bank ranks among the largest full-service banks in the United States.

They provide a comprehensive suite of financial products, including multiple savings accounts, deposit options, rewards credit cards, and lending solutions.

Alternatives to Chase Bank CDs

• Explore other high-yield CDs to find potentially better rates before committing your funds.
• Consider high-yield savings accounts offering APYs of 4% or higher for more liquidity.
• High-interest checking accounts can offer better returns without withdrawal restrictions.
• Money market accounts combine savings benefits with check-writing privileges but may include fees or balance requirements.
• U.S. Treasury I Bonds protect against inflation and can be a solid alternative, though funds must be held for at least one year.

Frequently Asked Questions (FAQs)

What is the minimum deposit for opening a Chase CD?

The minimum deposit to open a Chase CD account is $1,000.

What APYs does Chase offer on CDs?

Chase offers APYs ranging from 0.02% to 5.00% depending on the term and whether you have a linked Chase checking account. Non-customers receive lower standard rates.

What term lengths are available for Chase CDs?

Terms range from 1 month up to 120 months. Early withdrawal penalties apply for funds accessed before maturity.

Is a Chase checking account required to open a CD?

No, but linking a Chase personal checking account qualifies you for higher relationship rates. Without it, you receive lower standard rates regardless of term or balance.

Your Comprehensive Guide to CDs

• Understanding Certificates of Deposit (CDs)
• What Are Brokered CDs?
• How to Build a CD Ladder
• Pros and Cons of Investing in CDs
• Step-by-Step Guide to Opening a CD
• How to Close a CD Account
• Comparing CDs vs. Annuities
• CDs vs. Stocks: Which Is Better?
• CDs vs. Mutual Funds
• CDs vs. ETFs
• CDs vs. Savings Accounts
• Short-Term vs. Long-Term CDs
• Latest CD Rate Trends
• Top 1-Year CD Rates
• Best 18-Month CD Offers
• Jumbo CD Rates Overview
• Best 6-Month CD Rates
• Top 3-Month CD Rates
• Leading Bank CD Rates

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