Chase Offers Up To 4.00% APY On Relationship CDs

Chase Bank, a prominent financial institution, offers a range of certificate of deposit (CD) options with varying rates and terms. As of July 3, 2025, the bank provides both standard and relationship CD rates, with the latter offering higher annual percentage yields (APYs) for customers who have a Chase checking account. The standard CD rates are available to anyone, regardless of their relationship with the bank, and feature a minimum opening deposit of $1,000. The early withdrawal penalties for standard CDs range from 90 days of interest for terms less than 6 months to 365 days of interest for terms of 24 months or more.

Chase's standard CD rates are relatively modest, with most terms offering an APY of 0.1%. However, for customers with a linked Chase Private Client Checking account, a ladder APY of 0.01% is available. The relationship CD rates, on the other hand, are more generous, with APYs ranging from 0.02% to 4.00% depending on the term and deposit amount. For deposits of $100,000 or more, the APYs can be even higher, reaching up to 4.00% for a 4-month term. Additionally, customers with a linked Chase Private Client Checking account can benefit from a ladder APY of 0.02% to 0.05%.

Chase also offers special CDs for business owners, with rates that vary based on the deposit amount. The minimum opening deposit for business CDs is $1,000, and the early withdrawal penalties are $25 plus 1% of the amount withdrawn for terms less than 12 months, and $25 plus 3% of the amount withdrawn for terms of 12 months or more. The APYs for business CDs range from 0.02% to 4.00%, with higher rates available for larger deposits.

When compared to other institutions, Chase's CD rates are middle-of-the-road for most customers. To secure the best rates, customers need to have a relationship with Chase and deposit at least $100,000. However, even with these conditions, the maximum potential APY is 3.50%, which is lower than some competitors. For example, Discover and Northern Bank Direct offer higher APYs for certain terms, such as 4.60% for a 6-month term and 4.50% for a 9-month term.

Chase CDs are FDIC insured up to $250,000 per account holder, providing customers with a secure investment option. There are no fees associated with Chase CDs unless funds are withdrawn before maturity, in which case customers will pay between 90 and 365 days of interest depending on the term length. Overall, Chase's CD offerings provide a range of options for customers looking to invest their money with a reputable financial institution.