What is the minimum deposit for a Chase Bank CD?

Chase requires a $1,000 minimum deposit for its CDs.

Do I need a Chase Bank account to open a CD?

To open a Chase CD online, you need an existing account. If you'd like to open a Chase CD in person, you aren't required to have an account.

Can I open a Chase Bank CD online?

Yes, you can open a Chase CD online, but you need an existing account to do so.

What happens if I withdraw funds before the term ends?

You will face early withdrawal penalties if you withdraw funds from your CD account before the term is complete.

Are Chase Bank CD rates competitive in 2025?

Chase Bank's standard CD rates are low, but those who have an existing bank relationship with Chase and have at least $100,000 to invest in a CD can earn up to [info-gbr-rate institution="chase-bank" product="4 Month CD"].

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Chase CD Rates and Features for 2025

August 13, 2025

5 min Read

Written by Rudri Patel

Edited by Melanie Grafil

Parking lot view of the outside facade of the Chase bank building in the town of Apple Valley, California

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While Chase provides nationwide branch access and top-tier customer service, its CD rates aren’t always as competitive as those of online banks.

If you’re considering Chase CD rates for your savings strategy, here’s what you need to know.

Current Chase CD Rates: August 2025

Chase offers standard rates, as well as relationship rates for its CDs. Standard rates are significantly lower than relationship rates.

Standard CD Rates

CD Term	Annual Percentage Yield (APY)	Minimum Deposit
All monthly terms		$1,000

Relationship CD Rates

CD Term	Relationship APY	Minimum Deposit
1-month		$1,000
2-months		$1,000
3-months – Featured		$1,000
4-months	Up to	$1,000
5-months – Featured	Up to	$1,000
6-months		$1,000
7-months		$1,000
8-months		$1,000
9-months		$1,000
10-months – Featured	Up to	$1,000
11-months		$1,000
12-months		$1,000
13-months		$1,000
14-months		$1,000
15-months		$1,000
18-months		$1,000
21-months		$1,000
24-months		$1,000
30-months		$1,000
36-months		$1,000
42-months		$1,000
48-months		$1,000
60-months		$1,000
84-months		$1,000
120-months		$1,000

Pros and Cons of Chase CD Accounts

Like all financial products, Chase CD accounts come with their own set of pros and cons that savers should consider before opening an account.

Pros

Easy access for existing Chase customers
Wide branch network for in-person service
Relationship rates available for linked accounts

Cons

Standard rates are much lower than competitors
Minimum deposit of $1,000
Requires existing Chase bank account to open a CD online
Potentially lower returns than other investments like stocks or bonds

How Much Can You Earn With a Chase Bank CD?

Here’s a simple example showing estimated earnings with Chase CD rates:

Deposit Amount	Term Length	Estimated Interest Earned*
$1,000	4-month	$13.16
$2,000	10-month	$58.17
$4,000	2 years	$161.60
$5,000	5 years	$520.40

*Earnings shown are estimates and may vary based on your account type and the bank’s compounding method.

How To Open a Chase Bank CD Account

Opening a Chase Bank CD is simple, and you can choose the method that works best for you:

Online or mobile: Start an application through Chase’s website or mobile app.
Visit a branch: Speak with a representative for personalized assistance.
Call customer service: Get guidance over the phone and finalize details remotely.

Remember, though, you need an existing account to open a CD online. Without an existing bank account, you can go to a physical location and open a CD with the help of a banker.

How To Qualify

Must be 18 years old
Be a U.S. citizen or lawful permanent resident with a U.S. physical address
Have a valid Social Security number and a U.S.-based phone number
Have a minimum deposit of at least $1,000

Chase CD Rates vs. Other Banks

How do Chase CD rates compare with other banks? Here’s a side-by-side comparison:

Bank	1-Year CD Rate	5-Year CD Rate	Minimum Deposit
Chase Bank	Standard rate: Relationship rate:	Standard rate: Relationship rate:	$1,000
Capital One*			$0
Popular Direct			$10,000
Ally Bank			$0
Discover			$0

Is a Chase Bank CD Right for You?

A Chase Bank CD is not the right fit for every saver. Here’s when it makes sense and when you should consider other options.

Ideal For

Individuals who already have a relationship with Chase
Anyone who wants FDIC-insured protection
Customers who prioritize convenience, a large branch network and in-person service
Those who qualify for relationship rates

Not Great For

Individuals who don’t have a Chase account and want to open a CD online
People who may need to withdraw early
Investors looking for high-yield options

Tips for Getting the Best CD Rates

Before you open a CD, use these tips to help you find the highest APY available.

Consider relationship banking perks: Existing account holders may enjoy better CD rates. Consider opening a CD where you already have an account.
Compare multiple terms: Compare multiple banks to find the best APY that works for you.
Look for promotional or limited-time offers: Banks often offer special rates or promotional offers on their CDs. Check online or at your local bank in person for those offers.

Chase CDs: FAQ

Here are the answers to some common questions about Chase CD rates.

What is the minimum deposit for a Chase Bank CD?
- Chase requires a $1,000 minimum deposit for its CDs.
Do I need a Chase Bank account to open a CD?
- To open a Chase CD online, you need an existing account. If you'd like to open a Chase CD in person, you aren't required to have an account.
Can I open a Chase Bank CD online?
- Yes, you can open a Chase CD online, but you need an existing account to do so.
What happens if I withdraw funds before the term ends?
- You will face early withdrawal penalties if you withdraw funds from your CD account before the term is complete.
Are Chase Bank CD rates competitive in 2025?
- Chase Bank's standard CD rates are low, but those who have an existing bank relationship with Chase and have at least $100,000 to invest in a CD can earn up to 2.25%.

Caitlyn Moorhead and Dawn Allcot contributed to the reporting for this article.

Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Aug. 12, 2025.

*Capital One interest rates accurate as of 9/11/2025. See website for all current rates.

The information related to Chase accounts was collected by GOBankingRates and has not been reviewed or provided by the issuer of these products. Product details may vary. Please see the issuer’s website for current information. GOBankingRates does not receive commission for these products.

Editorial Note: This content is not provided by Chase. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by Chase.

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