Chase Bank

Last Updated: 7/3/2025

Note: Interest rates below are reported as APY, or Annual Percentage Yield

Quick Views

Chase Savings℠: 0.01% APY(Rank 88 out of 88 savings accounts)

Minimum Deposit: $0

National Savings Interest Rate: 0.38% (as of 6/16/2025)

Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.

(Source: FDIC)

Bank Overview

Location: New York, New York

Founded: 1877

Affiliation: JPMorgan Chase & Co

BBB Rating: A-

App Store Rating: 4.8/5

Google Play Rating: 4.5/5

Website: Visit Chase Bank

Our Take on Chase Bank

Highlights

  • Chase Savings℠ offers a $0 minimum deposit requirement.
  • Chase Bank has a strong BBB rating of A-.
  • App Store rating is high at 4.8.
  • Google Play rating is also solid at 4.5.

Considerations

  • Current APY is only 0.01%, unchanged from 30 days ago.
  • Maintenance fee of $5 unless certain conditions are met.
  • No direct deposit requirement may limit some account benefits.
  • No high-yield savings account options available.
Summary: Chase Bank provides a basic savings account with a $0 minimum deposit but offers a low APY of 0.01%. The maintenance fee can be waived under certain conditions. While it has good ratings from the BBB and app stores, it lacks higher-yield options, making it less attractive for savers seeking better returns. Overall, it may suit those who prioritize convenience over yield.

Savings Account

Savings Account Offered by Chase Bank

FeatureChase Savings℠
APY
0.01% (as of 7/3/2025)
APY TrendStable for the last month
Minimum Deposit$0
Minimum Balance for APY$0
FDIC-insured
Yes
Online OnlyNo
Bundled Account
No
Direct Deposit Required
No
Compound Frequency
Monthly
Maintenance Fee$5
EligibilityUnited States
NoteAPY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc.

No deposit agreement summary available for this bank.

Calculate Savings for Chase Bank

All calculations are based on APY.

Chase Savings℠ (APY: 0.01%)

Deposit Frequency:

Total savings breakdown:

  • Interest earned: $0 (0.00%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $100 (100.00%)

Your total balance

$100.00

Effective APY: 0.01% (based on your deposit and contributions)

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Chase Bank Savings Rates Over Time

Historical APY Insights

MetricChase Savings℠
Latest APY0.01 %
TrendSideways
Slope (bps/mo)-0.0
Rate Changes / Mo0.00
Days Since Last Change156
High (-5 m)0.01 %
Low (-5 m)0.01 %
Draw-down from High0.0 %
Volatility (CV)0.000
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 5 months (regression slope).
Slope (bps/mo)
Average monthly change; 10 bps = 0.10 pp.
Rate Changes / Mo
Typical number of APY moves per month.
Days Since Last Change
Recency of the latest APY adjustment.
High (-5 m)
Highest APY in the last 156 days.
Low (-5 m)
Lowest APY in the last 156 days.
Draw-down from High
How far today sits below the 5-month peak.
Volatility (CV)
Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
  • See how quickly a bank reacts to Fed moves or competition.
  • Gauge “twitchiness” - frequent moves can annoy savers.
  • Spot if you're buying near a peak (draw-down) or riding a rise.
  • Slope (bps/mo) shows speed of change.
  • Volatility (CV) scales jumps by average level.

Compare Chase Bank's Savings Account

  • Affirm - 3.85% APY
  • All America Bank - 1.50-3.25% APY
  • Ally Bank - 3.50% APY
  • Amalgamated Bank - 2.25% APY
  • American Express - 3.60% APY
  • Axos Bank - 4.66% APY
  • Bank5 Connect - 4.05% APY
  • Bank of America - 0.01% APY
  • Barclays - 3.90-4.10% APY
  • Bask Bank - 4.20% APY
  • Betterment - 4.00% APY
  • BMO Alto - 3.60% APY
  • Bread Savings - 4.30% APY
  • BrioDirect - 4.30% APY
  • Capital One - 3.50% APY
  • Carver Bank - 4.00% APY
  • Charles Schwab Bank - 0.15% APY
  • Chime - 1.25-3.75% APY
  • CIBC Bank USA - 4.11% APY
  • CIT Bank - 0.25-4.00% APY
  • Citibank - 3.60% APY
  • Citizens Access™ - 3.70% APY
  • Colorado Federal Savings Bank - 4.25% APY
  • ConnectOne Bank - 4.00% APY
  • Customers Bank - 4.23% APY
  • Discover Bank - 3.50% APY
  • E*TRADE from Morgan Stanley - 4.00% APY
  • EverBank - 4.30% APY
  • Evergreen Bank Group - 4.25% APY
  • First Foundation Bank - 4.25% APY
  • Fitness Bank - 5.00% APY
  • Flagstar Bank - 4.00% APY
  • Forbright Bank - 4.25% APY
  • FVCbank - 4.35% APY
  • High Plains Bank - 0.23-3.82% APY
  • Jenius Bank - 4.20% APY
  • LendingClub - 3.40-4.40% APY
  • Live Oak Bank - 4.10% APY
  • Marcus by Goldman Sachs - 3.65% APY
  • My Banking Direct - 4.30% APY
  • MySavingsDirect - 3.75% APY
  • Neighbors Bank - 4.60% APY
  • Newtek Bank - 4.35% APY
  • OMB Bank - 1.00% APY
  • Openbank - 4.30% APY
  • Peak Bank - 4.44% APY
  • Pibank - 4.60% APY
  • PNC - 3.95% APY
  • Poppy Bank - 4.25% APY
  • Popular Direct - 4.05% APY
  • Presidential Bank - 4.00-4.50% APY
  • Prime Alliance Bank - 4.05% APY
  • Primis Bank - 4.35% APY
  • Quontic Bank - 3.75% APY
  • RBMAX - 4.15% APY
  • Rising Bank - 4.30% APY
  • ROGER - 4.12% APY
  • Salem Five Direct - 4.01% APY
  • Sallie Mae Bank - 3.90% APY
  • Santander Bank - 0.03% APY
  • SoFi Bank - 3.80% APY
  • Synchrony Bank - 3.80% APY
  • TAB Bank - 4.15% APY
  • TD Bank - 0.05-3.00% APY
  • The State Exchange Bank - 1.90% APY
  • TIMBR - 4.40% APY
  • UFB Direct - 4.01-4.21% APY
  • Upgrade - 4.02% APY
  • Valley Direct - 4.30% APY
  • Varo Bank - 2.50-5.00% APY
  • Western Alliance Bank - 4.25% APY
  • Zynlo Bank - 4.35% APY
FeatureChase BankSelect a bank...
ProductChase Savings℠N/A
APY
0.01% (as of 7/3/2025)N/A
Bundled Account
NoN/A
FDIC-insured
YesN/A
Online OnlyNoN/A
Compound Frequency
MonthlyN/A
Minimum Deposit$0N/A
Minimum Balance for APY$0N/A
Maintenance Fee$5N/A
Direct Deposit Required
NoN/A
NoteAPY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc.N/A

Bank-to-Bank Comparisons

Compare Chase Bank's APY of 0.01% with other banks

Alternatives to Chase Bank

Banks with Higher/Similar Savings APY

For a top list of the highest savings rates, see all HYSA top rates

Primis Bank

Primis Savings Account: 4.35% APY

Minimum Deposit: $1

Online Only

ROGER

ROGER Savings: 4.12% APY

Bundled Savings & Checking Account

Minimum Deposit: $0

Online Only

Bank of America

Advantage Savings: 0.01% APY

Minimum Deposit: $100

Neighbors Bank

Neighbors Savings Account: 4.60% APY

Minimum Deposit: $0

Eligible States: Limited (see details)

Fitness Bank

Fitness Savings Account: 4.55% APY

Minimum Deposit: $100

Online Only

Fitness Elite Checking & Fitness Savings Combo: 5.00% APY

Bundled Savings & Checking Account

Minimum Deposit: $100

Online Only

Chime

Chime Savings Account: 3.75% APY

Bundled Savings & Checking Account

Minimum Deposit: $0

Online Only

Direct Deposit: You need to receive a qualifying direct deposit of $200 or more within the preceding 34 days

Valley Direct

High-Yield Savings Account: 4.30% APY

Minimum Deposit: $1000

Online Only

Eligible States: Limited (see details)

American Express

High Yield Savings Account: 3.60% APY

Minimum Deposit: $0

Online Only

Santander Bank

Santander Savings: 0.03% APY

Minimum Deposit: $25

Jenius Bank

Jenius Savings: 4.20% APY

Minimum Deposit: $0

Online Only

TAB Bank

TAB Save: 4.15% APY

Minimum Deposit: $1,000

Online Only

Live Oak Bank

Personal Savings: 4.10% APY

Minimum Deposit: $0

Online Only