[📌 Update January, 2023: Chase Bank added a competitive 3 month CD (certificate of deposit) yielding 4.00% APY (annual percentage yield) to their deposit offerings this month. They also raised the rate on their 12 month CD by 0.75% to the current 3.75% APY (up from 3.00% APY in December). See all of Chase Bank’s CD rates below.]


Chase, or Chase bank, headquartered in downtown Manhattan (New York City) is the consumer and commercial subsidiary of the multinational JPMorgan Chase which holds nearly $2.63 trillion in assets.
Chase Bank has 5,100 branches and 16,000 ATMs nationwide. They offer a full range of financial services that reach nearly every age group and demographic.
Despite the bank’s eye-popping asset size, their current CD rates have been slow to keep up with those offered by popular online banks, however as of January 2023, that is starting to change with Chase adding a new 3 month CD yielding 4.00% APY.
📌 Please Note: Chase Bank CDs come with terms ranging from 1 months to 10 years and can be opened online or in a local branch. If you wish to open a CD online, however, you will need to be an existing Chase Bank customer.
In this post you'll learn:
Chase Bank CD Rates + Account Details


Chase Bank is member FDIC and all consumer deposits are federally insured up to $250,000 per depositor or $500,000 for joint accounts.
All Chase Bank CDs require a minimum deposit of $1,000 to open. Their yields are tiered based on deposit amount.
The tiers are:
- $1,000 to $9,999.99,
- $10k to $24,999.99,
- $25k to $49,999.99,
- $50k – $99,999.99,
- $100k to $249,999.99 and
- $250k plus.
Chase also requires you to enter your location by zip code before viewing rates online. Presumably this means location may affect your interest rate, however, we ran multiple scenarios in different locations throughout the country and found the same rates everywhere.
CD Rates
CD Term | APY ($0 – $9,999) | APY ($10k – $99,999) | APY ($100K +) |
1 month | 0.02% | 0.02% | 0.02% |
2 month | 0.02% | 0.02% | 0.02% |
3 month | 2.00% | 3.50% | 4.00% |
6 month | 0.02% | 0.05% | 0.05% |
9 month | 0.02% | 0.05% | 0.05% |
12 month | 3.00% | 3.25% | 3.75% |
15 month | 0.02% | 0.05% | 0.05% |
18 month | 0.02% | 0.05% | 0.05% |
21 month | 0.02% | 0.05% | 0.05% |
24 month | 2.00% | 2.00% | 2.00% |
30 month | 1.50% | 1.50% | 1.50% |
36 month | 2.00% | 2.00% | 2.00% |
42 month | 1.50% | 1.50% | 1.50% |
48 month | 1.50% | 1.50% | 1.50% |
60 month | 1.50% | 1.50% | 1.50% |
84 month | 1.50% | 1.50% | 1.50% |
120 month | 1.50% | 1.50% | 1.50% |
To give these yields some context, the current national average for a 12 month CD and a 60 month CD sit at 1.07% and 1.09% APY, respectively, according to FDIC data.
Calculating Interest
Interest is compounded daily and you have some choice as to the frequency in which it is paid out. Depending on the term you may choose to have it paid monthly, quarterly, semi-annually or annually.
Early Withdrawal Penalties
Early withdrawal penalties for Chase Bank CDs are as follows:
- CD terms less than 6 months pay 90 days of interest
- CD terms 6 months to 24 months pay 180 days of interest
- CD terms 24 months or more pay 365 days of interest
Grace Period
A certificate of deposit’s grace period is the brief window of time in which the deposit holder may move funds into and out of their CD without facing a penalty. During this time you may also roll your funds into another deposit with a different term or close it out entirely.
All Chase Bank CDs come with a standard 10 day grace period.
Chase Bank will alert you via email prior to your CD maturity date, but you should set up your own reminders as well.
Fees That May Apply
Chase Bank CD accounts do not come with any monthly maintenance fees like some of their other accounts, but depending on how you plan to move funds around, you may encounter some fees.
Wire Fees:
Type | Fee |
Domestic and international incoming wire | $15 per transfer OR $0 if the transfer was originally sent with the help of a Chase banker or using chase.com or Chase Mobile. |
Domestic Outbound Wire (in-branch) | $35 per transfer |
Domestic Outbound Wire (online) | $25 per transfer |
Consumer USD/FX international wire (in-branch) | $50 per transfer |
Consumer USD international wire (online) | $40 per transfer |
Consumer FX international wire (online) | $5 per transfer OR $0 per transfer if the amount is equal to $5,000 USD or more |
Transferring funds online is always going to be a cheaper option than having a banker help you in a physical branch.
If you plan on opening a CD with $1,000,000 or more; however, you must do this in a local branch.
Final Thoughts
Although Chase Bank has vast coverage across the country and abroad, many of their CD rates are still less competitive than what you can find from most FDIC-insured online banks and nationally available credit unions.
That said, with the newly added 3 month CD and the sizable rate hike Chase gave to their 12 month CD this month, we’re hopeful 2023 will be a better year for savers banking with Chase.
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