Q:

What type of CD interest rates does Chase Bank typically offer?

A:

Quick Answer

As of 2015, the annual percentage yield, or APY, of Chase certificates of deposit varies from 0.02 percent to 1.05 percent depending on the CD term and the monetary amount of CD, states JPMorgan Chase. The annual percentage yield also varies with geographic location and by market.

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Full Answer

A CD with a one-month term typically has an APY of 0.02 percent for all CDs, reports JPMorgan Chase. The APY increases with an increase in the term and amount of the CD. For example, a CD of $1,000 has an APY of 0.15 percent for a 24-month term and 0.35 percent for a 60-month term. A CD worth $50,000 has an APY of 0.25 percent for a 24-month term. Certain certificates of deposits are subject to fees.

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