1 Year Cd Rates Chase Bank

In many cases you can qualify for one of the top 12 month cd deals without having to fork over a large amount.

1 year cd rates chase bank.

Following fomc meeting jpmorgan chase increased its prime rate 25 basis points to 500 percent effective june 14. Chase bank offers a variety of cd terms at a somewhat low minimum opening requirement but cd rates tend to be low. However chase bank cd rates are well below the best seen on our round up of the best cds. With an agreed upfront fixed interest rate a one year 1 year 12 month term for a certificate of deposit is a short term fixed return investment option provided by for retail consumers by chase.

If the term of the cd is less than 6 months the early withdrawal penalty is 90 days of interest on the amount withdrawn but not more than the total amount of interest earned during the current term of the cd. You may get a 100 bonus if you are a first time chase checking customer and stay for 6 months. See how they compare with other banks. Information on chase 1 year cd rates.

You can easily find higher interest rates at other institutions particularly for 1 year cds. There is a penalty for withdrawing principal prior to the maturity date. You can build your savings by parking your money in one of the well known bank s cds. If you decide to go with chase bank look into its relationship rates for a higher apy.