Bank Rates Reviews

Let’s face it, banks are looking for deposits right now in order to bolster their bottom lines, which makes this a “depositor’s market.”  Chase Bank, being the largest bank in the world as a part of JPMorgan Chase, is no different and right now, Chase money market rates are very good.  We thought we’d better have a look so that our readers here at Bank Rates Reviews can get the latest.

Chase Bank account options for money market savings include a money market, retirement, and a high-yield savings account.  The first two both have Chase money market interest rates and options while the latter is a standard savings account with some extras.

If you have a Chase Bank account for checking, then these three accounts will carry no service fees, otherwise minimum deposits or monthly fees will apply.  Let’s look at the Chase money market rates first.

The Chase money market interest rates vary regularly, of course, but are currently around a tiered annual percentage yield (APY) of 0.10% to 1.0% depending on deposit amounts.  A $10,000 deposit will yield 0.5% while $100,000 will give 1.0% APY.  The Chase money market interest rates for the retirement account is the same, but allows for additional deposits at any time plus a few other bonuses.

Looking at the higher-yield Chase Plus savings, the Chase savings account rates have a similarly tiered interest yield, but have unlimited deposits and withdrawals and can be linked to a Chase Bank account for checking as overdraft protection.

Of course, Chase Bank rates vary quickly and can change by location as well, but we think you’ll want to have a look to see if Chase savings account rates are what you’re looking for.