Rates checked November 1, 2026
Chase CD vs savings account
Chase's savings account pays 0.01% APY and its CDs pay about the same. With no extra rate to gain, savings is the easier choice because you can take the money out at any time.
Each CD term against savings
| Term | CD APY | Savings APY | CD earns extra |
|---|---|---|---|
| 3-month | 0.01% | 0.01% | $0 |
| 6-month | 0.01% | 0.01% | $0 |
| 12-month | 0.01% | 0.01% | $0 |
| 2-year | 0.01% | 0.01% | $0 |
| 3-year | 0.01% | 0.01% | $0 |
| 5-year | 0.01% | 0.01% | $0 |
Extra interest over the full term on $10,000, before taxes. The savings figure assumes today's rate stays the same the whole time; a savings rate can change, a CD rate cannot. It ignores early withdrawal penalties.
Questions
Should I use a Chase CD or its savings account?
They pay about the same today, so the savings account is the easier choice: you keep access to your money.
What is Chase's savings rate compared with its CDs?
Chase's savings account pays 0.01% APY. Its CDs pay 0.01% to 0.01% depending on the term.
Can the savings rate change after I open the account?
Yes. A savings rate can go up or down at any time. A CD rate is fixed for the whole term. The savings figures on this page assume today's rate stays the same, so treat them as a snapshot, not a promise.
General information only. Rates change often; confirm the rate, minimum deposit and early withdrawal penalty with the bank before you open a CD. SwitchWize is not a bank and does not give financial advice.