Chase CD rates
Rates vary by location and deposit amount, and whether you already have a Chase Bank checking account. Here’s a range of rates for San Francisco:
- 1-year: 0.01%–0.05% APY
- 3-year: 0.01%–0.20% APY
- 5-year: 0.01%–0.20% APY
- 10-year: 0.01%–0.20%APY
Chase’s certificates of deposit rates are generally low, but they can be somewhat better if you have a Chase checking account. The bank’s main strengths are the variety of CD terms and a relatively low minimum deposit.
Chase CD rates
- Standard CD rates at Chase Bank are available to anyone and require a minimum deposit of $1,000, while some banks’ CDs require at least $5,000 or $10,000.
- Relationship rates are for those who have a personal Chase checking account that they can link to a Chase CD, and higher deposits usually mean higher rates.
- To open a Chase CD online, you need a Chase checking or savings account; otherwise, visit a branch.
This is a look at some of Chase’s rates for the most common CD terms.
|CD term||Standard rate*||Relationship rate*|
|*Rates listed are for San Francisco. Rates vary by location.|
» Want more options? See our list of the best CD rates
How Chase Bank CD rates compare
Chase CDs, even at the highest tier of relationship rates, don’t come close to the yields that online banks can offer. Here’s how some 1-year rates at online banks compare to Chase’s standard 1-year rate:
3-year standard APY
5-year standard APY
» Want to check how Chase ranks overall? See our Chase review
More details about Chase CDs
|Minimum deposit||For standard rates and lowest-tier relationship rates:
|Monthly fee||None, which is common for CDs.|
|Range of CD terms||1 month to 10 years.|
|Compounding period||Daily. (This detail helps you estimate what you can earn using a CD calculator.)|
|Early withdrawal penalty|
|Grace period||10 days after the CD's maturity date.
Chase CDs automatically renew, so this 10-day window is the only time to withdraw without getting hit by a penalty.
|Chase IRA CD available?||No retirement CD option for new customers.|
» Curious about the bank’s other savings options? See our review of the Chase savings rate
What to consider when opening CDs
- Interest rates are fixed. If you open a Chase CD today, its APY will stay the same until the CD expires. This benefits you if you lock in a CD before rates start dropping, but on the flip side, you’ll earn less on a CD if rates keep rising. It’s hard to know when CD rates will go up. See our article on historical CD rates.
- You lose interest if you withdraw early. CDs are built to keep your money out of sight, out of mind. If you dip into a Chase CD before it expires, there’s an early withdrawal penalty, which means losing some or all the interest you earned. Some other banks offer CDs with no penalties; see the best no-penalty CD rates.
» On the fence about a CD? If there’s a chance you’ll need access to your money, consider one of the best high-yield savings accounts instead.
Solid range of terms, but low rates
Chase Bank CDs may be a convenient option if you already have a Chase checking account, want more choice with CD terms, and have a lump sum you won’t need for a while, but you can find higher rates elsewhere.