Chase Savings Accounts
We like to regularly keep an eye on Chase Bank interest rates, especially for Chase savings accounts, here at Bank Rates Reviews. Today we are updating you on the latest Chase savings account rates.
Chase savings in a standard Chase savings account have current rates of 0.01% APY as do Chase interest-bearing checking accounts.
Most are going to be interested in Chase high interest savings account options, of course. Chase high yield savings account rates are tiered according to deposit amount with minimum deposits (up to $9,999) yielding 0.10% annual percentage yield (APY). $25,000 to $49,999 gives 0.50% APY and above that yields 0.75% APY on standard, relationship rates with a Chase savings accounts option.
Money Market savings at Chase offer 0.02% APY, but allow easier access to your money in return. As a comparison, that’s worth considering over a checking option.
Anyone considering a longer-term or set market investment might think about a certificate of deposit rather than a Chase high yield savings account. A CD offers up to 3.00% APY for terms ranging from 9 to 60 months. The higest-tier Chase high yield savings account (0.75% APY) doesn’t compare to the lowest of the CDs at 9 months (+9 months auto-renew at standard rates) and 1.01% APY. Of course, a CD account has strict rules and your money is not as accessible there.
Whatever you choose, all accounts at Chase are FDIC insured to the fullest extent of the law. Check out Chase savings account rates and see if they’re right for you.