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Chase Bank CD rates August 2024: best for current customers

Katherine HaanPersonal Finance Expert

Katherine Haan is a former financial advisor turned small business coach. Katherine holds an MBA, and is a former staff writer for Fit Small Business. She is a regular contributor to Forbes and maintains a popular lifestyle and travel blog.

Abigail RuegerREVIEWED BYAbigail RuegerDeputy Editor, Banking
Abigail RuegerDeputy Editor, Banking

Abigail Rueger is a deputy editor on the banking team at Fortune Recommends. She is passionate about personal finance and offering consumers actionable steps for making positive life changes. Prior to joining Fortune, Abigail spent four years as an editor for Choosing Therapy, a startup dedicated to providing the best mental health information on the web. 

The Chase logo on a blue and green background.
Illustration by Fortune; original logo from Chase

Columbus, Ohio-based JP Morgan Chase Bank is the largest bank in the United States, with $3.5 trillion in assets and 4,944 worldwide branches. The consumer and commercial side of the business is known as Chase Bank, and it offers a variety of products, including checking, savings, credit cards, loans, and investments. Chase Bank certificate of deposit (CD) rates offer competitive returns for those looking to grow their money in a low-risk savings vehicle. Below, we’ll learn everything you need about its CDs. 

All rates and fees are current as of July 24, 2024, and are subject to change. 

If you want to take advantage of Chase Bank’s relationship CD rates, you’ll get a much better interest rate than its standard rates, which only offer 0.01% on a variety of term lengths. You’re eligible for this rate if you have a Chase checking account. While there is no minimum to open a relationship CD, some special rates are higher on deposits of over $100,000.

Chase Bank relationship CD features

Minimum opening deposit$1,000
Early withdrawal penalty (terms less than 6 months)90 days of interest on the amount withdrawn
Early withdrawal penalty (terms 6 months to less than 24 months)180 days of interest on the amount withdrawn
Early withdrawal penalty (terms 24 months or more)365 days of interest on the amount withdrawn

Find the best CD for you

Use the widget below to find the CDs with the best rates in your area.

Compare Chase Bank to top competitors

Chase Bank offers competitive CD rates but only if you've got a Chase checking account; otherwise, its rates aren't great. Here's how Chase Bank stacks against its competition. 

Chase Bank
Capital One
The Ally Bank logo.
Ally Bank
6 Monate6 Monate6 Monate
3.00%4.254.75
12 months12 months12 months
2.00%5.004.50
18 months18 months18 months
2.50%4.454.25
24 months24 months24 months
2.50%4.00K.A.
36 months36 months36 months
2.50%4.004.00
Mehr erfahrenMehr erfahrenMehr erfahren
Read our review
of Chase Bank
See more CD rates
from Capital One
Read our review
of Ally Bank

Learn more about Chase Bank

In addition to Chase Bank's CDs, customers can open a checking and savings account, each with added benefits. Chase also has credit cards with a wildly popular rewards program, personal loans, mortgages, and auto loans. You can set up investment accounts, such as individual retirement accounts (IRAs). If you own a business, several business services are available, including checking, savings, credit cards, and lending solutions. Read our detailed Chase Bank review for more details about its offerings.

Mehr lesen

  • To earn the max on your deposit, check our ranking of the best CD rates.
  • Our ranking of the best jumbo CD rates can help you maximize your earnings on big deposits.
  • Short-term deposit investors can find a great rate on our list of the best 3-month CDs.
  • The best 1-year CD rates ranking can help you earn a tidy return on a 12-month deposit.
  • Choose one of the best high-yield savings accounts to boost your APY.
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    About the contributors

    Katherine HaanPersonal Finance Expert

    Katherine Haan is a former financial advisor turned small business coach. Katherine holds an MBA, and is a former staff writer for Fit Small Business. She is a regular contributor to Forbes and maintains a popular lifestyle and travel blog.

    EDITORIAL DISCLOSURE: The advice, opinions, or rankings contained in this article are solely those of the Fortune Recommends editorial team. This content has not been reviewed or endorsed by any of our affiliate partners or other third parties.