What is Chase's current CD rate?

As of May 2026, Chase CD rates range from 0.01% to approximately 2.00% APY depending on the term and whether you qualify for a relationship rate (available to Chase Private Client or Premier Plus Checking customers). Standard rates for most customers are at the lower end of this range. Chase CD rates are significantly below the best available rates from online banks and credit unions, which are currently paying 4.50%–4.80% APY.

Does Chase offer competitive CD rates?

No. Chase is a traditional large bank and its CD rates are consistently among the lowest available. In May 2026, the best 1-year CD rates from online institutions are paying 4.50%–4.80% APY, while Chase's standard rates are well below 1.00% APY for most customers. Unless you have a Chase Private Client relationship, which unlocks slightly better rates, you will earn significantly more at an online bank or credit union.

What is the minimum deposit for a Chase CD?

Chase CDs require a minimum deposit of $1,000. There is no maximum. Chase does not charge a monthly fee on its CDs, but the low rates effectively result in a significant opportunity cost compared to using a top online bank.

What is the early withdrawal penalty for a Chase CD?

Chase early withdrawal penalties depend on the term. For CDs of 6 months or less, the penalty is 90 days of interest. For CDs of 7–12 months, the penalty is 180 days of interest. For CDs of 13 months to 5 years, the penalty is 270 days of interest. These penalties are similar to other large banks.

Should I open a CD at Chase?

For most savers, no. The rates are far below what you can earn at top online banks and credit unions. The main reasons to open a Chase CD are: you already bank at Chase and want to keep everything in one place, you have a Chase Private Client relationship that unlocks better rates, or you need a CD for a very short term and value in-branch access. For maximum interest income, compare Chase rates to top online alternatives before committing.

Chase CD Rates 2026 — Current APYs, Terms, and How They Compare

Chase CD rates in May 2026 range from 0.01% to approximately 2.00% APY — among the lowest of any major bank. On a $10,000 1-year CD at Chase’s standard rate, you’d earn roughly $10–$50 compared to $450–$480 at a top online bank. Before opening a CD at Chase, it’s worth understanding exactly what rates are available and whether you’d be better served elsewhere.

Rates shown are approximate as of May 2026. Chase CD rates change frequently — verify the current rate at chase.com or in a branch before opening an account.

Chase CD Rates — May 2026

Chase offers standard CD rates and “relationship rates” for customers with a Chase Private Client or Premier Plus Checking account. Relationship rates are slightly higher but still well below what online banks offer.

CD Term	Standard Rate (Est.)	Relationship Rate (Est.)
1 month	0.01% APY	0.01%–0.05% APY
3 months	0.01%–0.02% APY	0.05%–0.10% APY
6 months	0.01%–0.05% APY	0.10%–0.25% APY
9 months	0.02%–0.05% APY	0.10%–0.30% APY
12 months	0.02%–0.05% APY	0.25%–0.50% APY
18 months	0.02%–0.05% APY	0.25%–0.50% APY
24 months	0.02%–0.05% APY	0.25%–1.00% APY
36 months	0.02%–0.05% APY	0.25%–1.00% APY
48 months	0.02%–0.05% APY	0.25%–2.00% APY
60 months	0.02%–0.05% APY	0.25%–2.00% APY

Rates are estimates based on publicly available information as of May 2026. Verify at chase.com or in a branch — rates vary by zip code and account relationship. Chase does not publish all rates publicly.

What $10,000 Earns at Chase vs. a Top Online Bank

	Chase Standard CD	Chase Relationship CD	Top Online Bank
1-year rate	~0.05% APY	~0.50% APY	4.70% APY
Interest on $10K	$5	$50	$470
Difference vs. Chase standard	—	+$45	+$465

The difference is stark: a $10,000 1-year CD at Chase earns approximately $5–$50 in interest. The same $10,000 at a top online bank earns approximately $470. Over a year, that’s up to $465 more without any additional risk — both are FDIC-insured up to $250,000.

Chase CD Key Terms

Minimum deposit: $1,000
FDIC-insured: Yes, up to $250,000 per depositor
Early withdrawal penalty:
- 6 months or less: 90 days of interest
- 7–12 months: 180 days of interest
- 13 months to 5 years: 270 days of interest
Auto-renewal: Yes — Chase automatically rolls your CD into a new CD at the current rate unless you act during the grace period
Grace period: 10 days after maturity to withdraw without penalty
Opening options: In branch, via the Chase mobile app, or online

When Chase CDs Make Sense

Chase CDs rarely make financial sense purely on rate. However, there are circumstances where they may be convenient:

You’re already a Chase customer and want to keep all your accounts in one place, simplifying tax documents and transfers — accepting the lower rate in exchange for convenience
You have Chase Private Client status — if you meet the $150,000 minimum balance requirement, relationship rates are higher and the rate gap narrows somewhat
You need a very short-term CD (1–3 months) and value in-person branch support
You want a promotional rate — Chase occasionally offers special limited-time CD promotions at rates meaningfully above their standard offering; these are worth watching if you’re committed to banking at Chase

Better Alternatives to Chase CDs

If you’re looking to earn the best return on your savings, these alternatives all offer FDIC or NCUA insurance:

Institution Type	1-Year APY (May 2026)	Minimum
Top online banks (Ally, Marcus, Discover)	4.50%–4.80%	$0–$2,500
Top credit unions	4.40%–4.75%	$0–$1,000
Chase (standard)	0.01%–0.05%	$1,000
Chase (relationship)	0.25%–0.50%	$1,000 + qualifying account

Opening an online bank CD alongside your Chase checking account is straightforward — most banks accept ACH transfers from external accounts in 1–3 business days, and you can keep your Chase account for everyday spending.

Chase CD vs. Chase Savings Account

Chase’s savings account (Chase Savings℠) pays a similarly low rate — approximately 0.01% APY standard. Neither product is competitive with online alternatives. If you’re keeping money at Chase, the CD does lock in its low rate for the full term, meaning it won’t change mid-term — which is arguably the one advantage over Chase’s variable savings rate.

Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy