Chase Bank CD rates
A well governed business becomes strong and succeeds in helping the customers to achieve their financial goals. Chase Bank is such a financial institution that provides financial services to its clients in the best possible way. They manage the company with a consistent set of principles and core value and this commitment reflects in their products as well.
CDs helps the depositor to earn a good stream of return by way of interest for the amount deposited. Chase CDs are a good option for investment because you not only enjoy a steady income, but also your money is safe. All deposits are insured by FDIC and backed by the trust and reliability of Chase Bank.
Customers who already have Chase Bank checking accounts enjoy the following returns. For a 6 months and 12 months term, the Chase CD rates are 0.25%APY. For a period of 24 months, the CD rates at Chase Bank are 1.01% APY and for 36 months it is 1.01% APY. Minimum amount for opening an account under this scheme is $1000.
There is another category called the Chase CD specials. Under this scheme, the Chase Bank CD rates are 0.50% for 9 months, 0.75% for 13 months and 1.01% for 18 months respectively. For a term of 30 months, the Chase Bank interest rates are 1.25% while for a term of 48 months, the Chase interest rates are 1.75%. For a period of 60 months, interest rate is 2.00% . Interest earned could be reinvested or could be deposited to your savings and it is purely dependent on the customer’s discretion. Minimum amount for opening an account under this scheme is $10,000.
A qualifying Chase personal account is needed to enjoy the higher rates. All withdrawal prior to maturity attracts penalty. An amount of $250,000 per depositor is insured by FDIC.