Bank Rates Reviews

Chase is one of the largest banks in the world, being a part of JPMorgan Chase, so a look at their certificate of deposit (CD) rates is appropriate.  Chase CD rates are competitive, so we at Bank Rates Reviews thought we’d let you know what’s going on with them.

Chase Bank CD rates are split into two types of offerings: a standard certificate of deposit and a higher-yield group of CD rates at Chase Bank called Specials.  The difference between them is a matter of minimum deposit requirements.

Chase bank rates for standard CDs range from 6 months to 3 years in term.  These accounts have a minimum deposit of $1,000 and yield 1.01% annual percentage yield (APY).  These CD rates at Chase Bank aren’t spectacular, of course, but wait until you see the Specials.

Chase CD rates for Specials have a tiered return based on term length.  This is because the term length is half the term and then the CD automatically renews at a like-length term at the current rate.  So if the current CD yield is 1.01% APY, after the special term is up, the Chase CD rates of 1.01% will apply for an equal term.

So if you’re Chase bank rates CD Special is a 12 month, it’s actually a 24 month, with the second half being at the going rate.  Sounds complicated, but the Chase CD rates for these specials are very good.  The shortest, at 9 months, has a 1.50% APY and the longest at 60 months has a 2.5% APY.  These Chase bank rates require a $10,000 opening deposit.

Rates change quickly, of course, so check the current Chase bank rates before opting in, but we feel you’ll definitely want to look these options over.  Chase Bank CD rates might be just what you’re looking for.