Chase Bank: Savings Account & Rates

By Aviel Fahl

|

Updated: 4/6/2026

Mission: Banksparency aims to make Chase Bank's savings account transparent and comparable to the market.

Interest rates reported as APY

Analysis of Chase Bank

Our verdict

Chase Bank offers Chase Savings℠, a high-yield savings account paying 0.01% APY with no minimum deposit.

At 0.01% APY, Chase Bank is competitive with the national average of 0.39%. Ranks in the top tier of 98+ accounts tracked.

Ideal User Profile

  • Best for: simple saving without extra requirements, quick transfers with Zelle, and having a branch nearby when you need one.

Key Differentiators

  • Stands out with top-rated iOS app (4.8), highly-rated Android app (4.8), in-person banking available, Zelle for instant transfers.

Savings Overview

Chase Savings℠

0.01% APY
Very StableNo rate changes in last 90 days
No Minimums Branch Access
Min. Deposit$0
Min. Balance$0
Maintenance Fee$5
Rank #100 of 98 tracked.
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.

Market Reality Check

This bank offers rates below the current top tier. The best rates we track are currently above 4.15% APY.

See Top Rates
National Avg: 0.39% (FDIC, 3/1/2026).
Banksparency tracks live rates daily.

Bank Overview

Top Market Contenders

CIT Bank
3.75% APY
SoFi Bank
4.00% APY
Capital One
3.20% APY

Savings Account: In-Depth View

Savings Account Offered by Chase Bank

Feature
Chase Savings℠
APY
0.01%Verified: 4/6/2026
APY Trend
Very StableNo rate changes in last 90 days
Min. Deposit
$0
Min. Balance
$0
Monthly Fee
$5
Direct Deposit
None
Checking Bundle
No
Branch Access
Yes
Compounding
Monthly
FDIC Insured
Yes
Eligibility
United States
Important
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.
Next Steps-

Calculate Savings for Chase Bank

All calculations are based on APY.
Chase Savings℠0.01% APY
$
$

Savings Breakdown

  • Interest Earned
    +$3.70(0.0%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $1,000

Projected Balance

$14,003.70

Effective APY
0.01%

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

Last 12 Months
MetricChase Savings℠
Latest APY
0.01%
Trend
Sideways
Slope (bps/mo)
0.0
Rate Changes / Mo
0.00
Days Since Last Change
364
High (-12m)
0.01%
Low (-12m)
0.01%
Draw-down
0.0%
Volatility (CV)
0.000
How to read these metrics
Trends & Velocity
Trend
The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
Slope (bps/mo)
Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
Rate Changes / Mo
"Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.
Risk & Range
High/Low
The absolute ceiling and floor of the rate during the 365-day window.
Volatility Score
Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
Days Since Change
If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Why track this? Understanding volatility helps you avoid "bait-and-switch" rates. A steady, rising slope is ideal; high volatility often signals a temporary teaser rate.

Compare with Chase Bank

Feature
Current View
Chase Bank
Empty Slot
ProductChase Savings℠-
APY
0.01%Verified: 4/6/2026
-
APY Trend
Very StableNo rate changes in last 90 days
-
Min. Deposit$0-
Monthly Fee$5-
Direct Deposit
No-
Checking Bundle
No-
Branch AccessYes-
Eligibility United States-
Compounding
Monthly-
FDIC Insured
Yes-
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.-
Next Steps--

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

Discover Bank

Online Savings Account: 3.30% APY (Inactive)

Minimum Deposit: $0

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All America Bank

Regular Savings: 1.25% APY

Minimum Deposit: $50

Super Savers MMDA: 2.75% APY

Minimum Deposit: $2,500

Presidential Bank

Advantage Savings: 3.75% APY

Bundled Savings & Checking Account

Minimum Deposit: $5,000

Direct Deposit: To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.

Sallie Mae Bank

High-Yield Savings Account: 3.75% APY

Minimum Deposit: $0

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ROGER

ROGER Savings: 3.61% APY

Bundled Savings & Checking Account

Minimum Deposit: $0

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Upgrade

Premier Savings: 3.05% APY

Minimum Deposit: $0

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Affirm

Affirm Money Account: 3.20% APY

Minimum Deposit: $0

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Quontic Bank

High Yield Savings: 3.50% APY

Minimum Deposit: $100

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MutualOne Bank

Mo Premium Savings: 4.07% APY

Minimum Deposit: $20,000

Online Savings: 0.40% APY

Minimum Deposit: $5,000

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MySavingsDirect

MySavings Account: 3.35% APY

Minimum Deposit: $0

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Customers Bank

Yield Shield Savings Account: 3.48% APY

Minimum Deposit: $25,000

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