Chase Bank CD rates run the gamut this month, from a near meaningless 0.01% on standard terms all the way up to 4.00% APY on a featured two month certificate, but only if you already bank there. That gap is the whole story with Chase certificates of deposit right now: the headline numbers look strong, but they come with strings attached.
How Chase Splits Its CD Rates in Two
Chase runs two separate rate tracks. The standard rate applies to anyone who walks in without a Chase checking account, and it is flat across every term the bank offers, from one month out to ten years. That rate sits at 0.01% APY, which barely counts as interest at all.
The relationship rate is the one worth paying attention to. To get it, you need to link a Chase personal checking account to the CD. Once you do, certain terms jump dramatically. A two month CD, for instance, pays 3.50% APY on balances under $100,000 and 4.00% APY once you deposit $100,000 or more. An 11 month CD pays 2.50% to 3.00% depending on balance. These elevated terms are labeled
