Chase Bank Savings Account Rates

The Chase Bank Savings rates are from the same financial giants most Americans already know about. This is a bank that was founded in 1799, by Aaron Burr. Since that early beginning, it has merged with many other financial institutions to become one of the large four banks in America.

At this time, there are two different types of savings accounts you can have with Chase Bank. The first Chase Bank Savings account rates are from the Chase Savings account. This is earning an APY of 0.01%. This savings rate is good for all balance amounts. The minimum deposit required to open this account is $25.

To avoid the monthly service fee in this account, you must maintain an account balance of $300, or have an automatic deposit of $25 entered into the account each month, or be under the age of 18.

There are no Chase Bank Money Market rates but there is a Chase Plus Savings Account that currently has the best Savings account rates being offered by Chase Bank. These savings rates are set up in a tiered format. The minimum balance amounts are $0, $10,000, $25,000, $50,000, $100,000 $250,000, $500,000, $1,000,000, and $5,000,000.

For those accounts that have a relationship with a Chase checking account, the APYs are 0.10%, 0.15%, 0.20%, 0.25%, 0.25%, 0.30%, 0.30%, 0.30%, and 0.30%, respectively.

For the Chase Plus Savings account without a relationship with a Chase checking account, the APYs are 0.05%, 0.05%, 0.05%, 00.10%, 0.10%, 0.10%, 0.10%, 0.30%, and 0.30%, respectively. This account requires a minimum deposit of $100 to open but there is no monthly service fee.

The Chase Savings rates were posted on May 2, 2012, but are subject to change without notice.

Comments are closed.