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- Chase CD rates are relatively low, but you'll earn a slightly higher APY if you also have a Chase checking account.
- The bank's early withdrawal penalties and minimum opening deposit of $1,000 are fairly standard for banks.
- Chase does offer a wider variety of term lengths than most banks, with terms ranging from one month to 10 years.
- A Chase CD is probably the best fit for people who already bank with Chase and want to keep all their bank accounts with the same institution.
- See Business Insider's picks for the best CD rates »
Chase Bank (Member FDIC) offers more options for CD terms than most banks, with terms ranging from one month to 10 years. However, the bank pays a low APY regardless of your term length. Everyone earns just 0.01% APY, unless you have also have a Chase checking account — then you'll earn up to 0.10% APY.
- Should you open a Chase CD?
- Chase CD rates
- Chase CD features
- How Chase CD rates compare
Should you open a Chase CD?
You may want to open a Chase CD if you:
- Want to open a CD with a term of under 3 months or over 5 years
- Already bank with Chase and want to do all your banking with the same institution
- Prefer face-to-face banking and live near a Chase branch
You might not want to open a Chase CD if you:
- Value earning a high APY on your CD balance — if you care about a high rate, look at other banks for a CD or even for a high-yield savings account
- Don't already bank with Chase
- Don't have at least $1,000 to open an account
- Are looking for a no-penalty CD
Chase CD rates
If you don't have a Chase checking account, you'll earn a standard rate of 0.01% APY on CDs of all balance tiers and term lengths. If you have a Chase checking account, you'll earn a relationship rate as follows:
|1- 3 months||0.02% APY|
|6 months – 10 years||
Chase CD features
Chase Certificate of Deposit (CD)
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