Certificates of Deposits Specials at Chase

With so many banks and financial institutions, consumers can get confused as to which bank offers the best rates in terms of certificates of deposits. However, one bank that customers can rely on is Chase.

For those who are still looking for the best place to open a certificate of deposit or for those who have multiple accounts already but would want another institution in saving or keeping their money, they can try out Chase. Certificate of deposits are the best solution for those who want to save enough money and let it earn some interest. With Chase, the rates are well updated and they can assure that the money is safe and sound. The company is FDIC insured which means your money is safe for up to $250,000.

With regards to their certificate of deposits, they offer the Chase CD Specials. This is the common choice for many especially to those who have the ability to invest big amounts. The minimum opening deposit of the Chase CD Specials is $10,000. Those who are able to provide this amount can enjoy higher rates and bigger returns. The first term or the shortest term they have is the 9 month period. This has an APY or annual percentage yield of 0.25% while for the 12- month term, the APY is 0.45%. Other terms include the 36 month with an APY of 0.65%; the 60 month term with an APY of 0.90% and lastly is the 120 month with an APY of 1.75%. Those who really want to save their money will definitely find the right solution at Chase.


The Certificate of Deposit Specials at Chase

Many people know Chase as a huge financial institution that has been providing the best banking services. They have been considered as one of the leading financial firms globally. Since people generally trust the bank’s name and reputation, many would often go to Chase when it comes to opening certificates of deposit.

The Regular Chase Certificate of Deposit

Chase actually has two kinds of certificate of deposit accounts. The regular account requires an opening and minimum deposit of $1,000. When the account holder chooses the 6 month term then the APY or the annual percentage yield is 0.20%. For the 12 month term, the APY is 0.25% and 0.35% for the 18 month term. On the other hand, those who will be choosing the 24 month term will have an APY of 0.40% and the last APY which is 0.50% is for the term of 36 months.

Chase Certificate of Deposit Specials

A maintaining and opening balance for this second kind is $10,000. Many may be hesitant about the amount but once they find out about the rates then they will surely change their minds. An APY or annual percentage yield of 0.30% for the 9 month term while for the 13 month term, the APY is 0.45%. The 36 month term or program will have an APY of 0.75% and 1.01% APY for the 60 month term. And the last term for this kind of certificate of deposit by Chase is 120 months with an APY of 1.75%.

These are then the terms or programs that people can choose or pick when they want to have certificate of deposit accounts for their lives and for their future.