Chase Bank CD Rates
In this blog, we review the Chase interest rates of different products from time to time to bring you the updated rates of interest for each of these products. Chase Bank is one of the leading banks that offer a wide variety of savings and lending products. Our focus today will be on the features and interest rates of their certificate of deposits (CDs).
There are two kinds of CDs offered by Chase Bank and they are regular CD and chase CD Specials. In the case of regular CD, the minimum opening deposit is $1,000 while the chase CD specials have a minimum opening deposit of $10,000. Another difference is the higher rate of interest for the initial term in the case of Chase specials CD. They have many flexible options when it comes to term periods. The reputation of the bank coupled with FDIC insurance makes it a sound investment.
The current Chase Bank CD rates for a 6-month or 12-month term in the regular CD is 0.25% APY. Chase CD rates for a 18-month CD is 0.75% while the rates for a 24-month or 36-month CD is 1.01%. The CD rates at Chase Bank for the special CD is 0.50% APY for a 9-month term and 1.01% for a 13-month term. The Chase Bank interest rates for a 24-month CD are 1.50%, while for a 36-month term, it is 2.00%. The rates for a 48-month term are 2.50% and 60-month term are 3.00% respectively. These rates are very competitive and this one of the main reasons for the attractiveness of these CDs as an investment avenue.