bank rates

Only Average Rate At Chase: 6-Month CD

CD rates have continued to drop at Chase Bank, with only one standard term barely squeaking past average.

Its CD specials have declined significantly in the past six weeks.

The 36-month CD special now pays 0.60% APY, down from 0.75% APY, and the 60-month CD special pays 0.90% APY, down from 1.01% APY.

Chase CD specials require a $10,000 minimum deposit and a checking account.

The average annual yield offered by large banks and thrifts for 36-month CDs is 0.62% this week; for 60-month CDs, 1.02%.

So the nation’s biggest bank can’t even muster an average yield on its specials. That should tell you something about whether buying a certificate of deposit from here is worth it to anyone not doing so out of convenience.

The top nationally available 36-month CD rate on our CD Rates Leaderboard is 1.42% APY, and the top 60-month CD rate is 1.86% APY.

Chase’s standard offerings require a lower $1,000 minimum deposit and a checking account. They’ve all held steady for a while and are where you’ll find that one above-average rate:

6-month CD rate is 0.20% APY versus an average rate of 0.19% APY. (Leaderboard leader is 0.92% APY.)

12-month CD rate is 0.25% APY versus an average rate of 0.31% APY. (Leaderboard leader is 1.10% APY.)

24-month CD rate is 0.40% APY versus an average rate of 0.48% APY. (Leaderboard leader is 1.25% APY.)

36-month CD rate is 0.50% APY versus an average rate of 0.62% APY. (Leaderboard leader is 1.42% APY.)

Like most big banks, Chase asks you to put in your ZIP code on the website to find rates specific to your geographic area. For this post, I checked ZIP codes in California, Florida, Illinois, Michigan and New York.

To buy a Chase CD, you need to live in a state where Chase has one of more than 2,500 branches.

You can learn more about Chase at or call 877-242-7372.

There are definitely better deals out there, and you’ll find them if you compare Chase’s returns with the best CD rates from scores of other banks in our extensive database.

Don't miss out on the next bank deal. Get the newest deals delivered straight to your inbox!

Comments (0)
1 Star2 Stars3 Stars4 Stars5 Stars (2 votes, average: 5.00 out of 5)
No Existing Comments

Comments are closed.