Bank Rates Reviews

Here at Bank Rates Reviews, we noticed it has been a while since we last looked at Chase money market rates.  So we’re updating you on the latest Chase Bank money market rates so you’ll have the latest info.

There are, of course, two separate types of Chase money market interest rates: market savings and retirement.  The money market savings account returns Chase interest rates of 0.02% annual percentage yield (APY) right now, no matter your deposit level.  Retirement Chase money market rates give 0.01% APY and are considered a retirement account for tax purposes.

Frankly, standard savings rates are better than both of these.  Balances up to $10,000 receive a 0.10% APY, up to $25,000 a 0.25% APY and more than $50,000 get 0.50% APY.  Even interest-bearing checking accounts get Chase interest rates of 0.01% APY.

Of course, other options also exist, such as certificates of deposit.  With a $10,000 deposit to open and maintain, specials are giving 0.75% APY for nine month terms, 1.01% APY for 13 months, 1.25% APY for 18 months, 2.00% APY for 24 months, 2.50% APY for 48 months and 3.00% APY for 60 months.  These auto-renew for a like period at standard rates, which are still pretty good.

Standard rates versus Chase Bank money market rates are good with 1-17 months returning 0.25% APY, 18-59 months returning 1.01% APY, and 60-120 months giving 1.50% APY on deposits of $1,000 or higher.

Overall, there are plenty of options for savings with Chase Bank money market rates, Chase interest rates, etc.

Chase Bank is, of course, fully FDIC insured.  All rates listed except for certificates of deposit are variable.