Chase Bank: Savings Accounts & Rates

Savings rates updated: 8/18/2025

Mission statement: Banksparency aims to make Chase Bank's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.

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

We earn a commission if you open an account through some links on this page.

Savings Overview

Chase Savings℠: 0.01% APY(Rank 93 out of 94 savings accounts)

Minimum Deposit: $0

National Savings Interest Rate: 0.38% (as of 7/21/2025)

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

Deposit Insurance: FDIC Cert # 628

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.
Account holders can waive the $5 maintenance fee with a $300 balance.
Chase has a strong BBB rating of A-.
The bank has high app ratings: 4.8 on App Store and 4.5 on Google Play.

Considerations

Current APY is only 0.01%, which is low for high-yield accounts.
No direct deposit requirement may limit some benefits.
Maintenance fee applies unless balance conditions are met.
No online-only savings account options available.

Summary: Chase Bank's savings account offers a $0 minimum deposit and a low maintenance fee, but the APY of 0.01% is not competitive for high-yield accounts. The bank has a solid A- BBB rating and positive app ratings, making it a reliable choice for savers. However, the account's low interest rate and fee structure may deter those seeking better returns on their savings.

Savings Account: In-Depth View

Savings Account Offered by Chase Bank

Feature	Chase Savings℠
APY	0.01% (as of 8/18/2025)
APY Trend	Stable for the last quarter
Minimum Deposit	$0
Minimum Balance for APY	$0
FDIC-insured	Yes
Online Only	No
Bundled Account	No
Direct Deposit Required	No
Compound Frequency	Monthly
Maintenance Fee	$5
Eligibility	United States
Note	APY 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.
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for Chase Bank

All calculations are based on APY.

Savings Product:

Chase Savings℠ (APY: 0.01%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $3.7 (0.03%)
Total contributions: $13,000 (92.83%)
Initial deposit: $1,000 (7.14%)

Your total balance

$14,003.70

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

Metric	Chase Savings℠
Latest APY	0.01 %
Trend	Sideways
Slope (bps/mo)	-0.0
Rate Changes / Mo	0.00
Days Since Last Change	201
High (-7 m)	0.01 %
Low (-7 m)	0.01 %
Draw-down from High	0.0 %
Volatility (CV)	0.000

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 7 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 (-7 m): Highest APY in the last 201 days.
Low (-7 m): Lowest APY in the last 201 days.
Draw-down from High: How far today sits below the 7-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 - 3.50% APY
Ameriprise Bank - 3.15-3.15% APY
Axos Bank - 4.46% 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 - 3.50% APY
Bread Savings - 4.25% 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 - 4.02% APY
CIT Bank - 0.25-4.00% APY
Citibank - 3.50% APY
Citizens Access™ - 3.50% APY
Colorado Federal Savings Bank - 4.15% APY
ConnectOne Bank - 4.00% APY
Customers Bank - 4.23% APY
Discover Bank - 3.50% APY
Elevault - 4.60% 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 - 4.85% APY
Flagstar Bank - 4.00% APY
FNBO Direct - 3.25% APY
Forbright Bank - 4.25% APY
FVCbank - 4.35% APY
GO2bank - 4.50% APY
High Plains Bank - 0.23-3.82% APY
Jenius Bank - 4.20% APY
LendingClub - 3.20-4.20% 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 - 4.20% APY
Peak Bank - 4.35% 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 - 4.20% 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 - 3.05% 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
Wells Fargo - 0.05-2.51% APY
Western Alliance Bank - 4.30% APY
Zynlo Bank - 4.35% APY

Feature	Chase Bank	Select a bank...
Product	Chase Savings℠	N/A
APY	0.01% (as of 8/18/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	No	N/A
Compound Frequency	Monthly	N/A
Minimum Deposit	$0	N/A
Minimum Balance for APY	$0	N/A
Maintenance Fee	$5	N/A
Direct Deposit Required	No	N/A
Note	APY 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

Bank Pair	Best APY	Min Deposit
Chase Bank vs Ally Bank	3.50%	$0
Chase Bank vs American Express	3.50%	$0
Chase Bank vs Axos Bank	4.46%	$0
Chase Bank vs Bank of America	0.01%	$100
Chase Bank vs Barclays	4.10%	$0
Chase Bank vs Capital One	3.50%	$0
Chase Bank vs Chime	3.75%	$0
Chase Bank vs CIT Bank	4.00%	$100
Chase Bank vs Discover Bank	3.50%	$0
Chase Bank vs Fitness Bank	4.85%	$100
Chase Bank vs Marcus by Goldman Sachs	3.65%	$0
Chase Bank vs Presidential Bank	4.50%	$5,000
Chase Bank vs SoFi Bank	3.80%	$0
Chase Bank vs Synchrony Bank	3.80%	$0
Chase Bank vs UFB Direct	4.21%	$5000
Chase Bank vs Varo Bank	5.00%	$0
Chase Bank vs Wells Fargo	2.51%	$25