Chase savings accounts have low annual percentage yields. The Chase Savings℠ account rate is 0.01% effective as of 05/07/2025. Interest rates are variable and subject to change. Chase Premier Savings℠ interest rates are slightly higher, but they still don't compare to the yields of the best online savings accounts. Some high-yield accounts have rates north of 4%.
Chase savings rates and fees
| APY | 0.01% effective as of 05/07/2025. Interest rates are variable and subject to change. This rate is for Chase Savings℠. |
| How it compares | The average national rate for savings accounts is 0.38%. |
| Monthly fee | $5. |
| How to avoid monthly fee |
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| Minimum opening deposit | None. |
| APY on balances for premium savings accounts | The Chase Premier Savings℠ relationship rate is 0.02% APY. You must have an eligible linked Chase checking account and make a minimum number of transactions to earn relationship rates. Otherwise, the standard rate for Chase Premier Savings℠ is 0.01%. |
» Learn more: Read NerdWallet’s Chase review
How Chase compares with online banks
Large banks like Chase, with thousands of branches, tend to have accounts with higher monthly fees and lower savings rates. If you are looking for accounts that earn high yields, you will find better options with online-only accounts. Along with higher rates, many have no monthly fees or minimum balance requirements.
» Check out high-interest rate options with NerdWallet’s best high-yield online savings accounts
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Member FDIC
Forbright Bank Growth Savings 
APY
Up to 4.15%
Min. balance for APY
$1,000
Member FDIC
Varo Savings Account 
APY
5.00%
Min. balance for APY
$0
Member FDIC
E*TRADE Premium Savings 
APY
4.00% for 6mo
Min. balance for APY
$0
Chase CDs
Chase also offers certificates of deposit, a type of savings account with a fixed interest rate that also requires you to keep your money deposited for a certain amount of time. Chase’s CD offerings include many term lengths, from one month to 10 years. But the CDs have a $1,000 minimum opening deposit and better rates can be found elsewhere.
» Dive deeper: Read about Chase CD rates and how they compare to others
How much interest could you be earning? Find out with the calculator below. The higher the rate, the faster your money can grow.
Savings calculator
Investment details
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Total Balance
$0.00
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» Looking for a bank bonus? Read our write-up of Chase bank promotions
