Chase Bank vs Chime
High-Yield Savings Accounts Comparison

Last Updated: July 15, 2025

Summary of Chase Bank vs. Chime

As of July 15, 2025 Chase Bank offers an APY of 0.01% for its Chase Savings℠ account, compared to Chime's 3.75% APY for its Chime Savings Account account.

Chime yields $374 more than Chase Bank on a $10,000 balance after one year. Chase Bank pays $1, while Chime pays $375 - an APY advantage for Chime.

Chase Bank

Strengths

  • Chase Bank has a higher BBB rating of A- compared to Chime's B-.
  • Chase Savings℠ has no minimum deposit requirement.
  • Chase Bank offers a mobile app with a 4.8 App Store rating.

Potential Drawbacks

  • Chase Savings℠ has a low APY of 0.01%, unchanged from 30 days ago.
  • Chase Bank charges a $5 maintenance fee unless conditions are met.

Chime

Strengths

  • Chime Savings Account offers a competitive APY of 3.75%, unchanged from 30 days ago.
  • Chime has no maintenance fees, making it cost-effective.

Potential Drawbacks

  • Chime's BBB rating is lower at B-, indicating less trustworthiness.
  • Chime requires a direct deposit of $200 to earn the highest APY.
Summary: Chase Bank offers a traditional savings account with a low APY of 0.01% and an A- BBB rating, while Chime provides a high-yield savings account with a 3.75% APY, but requires a direct deposit. Chime's BBB rating is lower at B-. Both banks have strong app ratings, but Chase charges a maintenance fee unless conditions are met.

Compare Chase Bank's vs Chime's Savings Accounts

Chase BankChime
ProductChase Savings℠vsChime Savings Account
APY
0.01% (as of 7/15/2025)1.25% - 3.75% (as of 7/15/2025)
Bundled Account
NoYes
FDIC-insured
YesYes
Online OnlyNoYes
Compound Frequency
MonthlyDaily
Minimum Deposit$0$0
Minimum Balance for APY$0$0.01
Maintenance Fee$5$0
Direct Deposit Required
NoYes. You need to receive a qualifying direct deposit of $200 or more within the preceding 34 days
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.Chime® is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. To open a savings account you must first open a checking account. To qualify for Chime+ with the 3.75% APY, you must have a Chime Checking account and receive a direct deposit of at least $200. Otherwise, the APY is 1.25%.
Visit BankChase Savings℠Chime Savings Account
App Store Rating4.8/54.8/5
Google Play Rating4.5/54.7/5
BBB RatingA-B-

Comparative Historical APY Insights (Last 5 Months)

Chase BankChime
ProductChase Savings℠vsChime Savings Account
Latest APY0.01 %3.75 %
TrendSidewaysRising
Slope (bps/mo)-0.043.2
Rate Changes / Mo0.000.18
Days Since Last Change166107
High (-5 m)0.01 %3.75 %
Low (-5 m)0.01 %2.00 %
Draw-down from High0.0 %0.0 %
Volatility (CV)0.0000.268
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 167 days.
Low (-5 m)
Lowest APY in the last 167 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.

Calculate Savings Growth for Chase Bank vs Chime

All calculations are based on APY.

Chase Bank

APY: 0.01%

Total savings breakdown:

  • Interest earned: $0.1 (0.01%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $1,000 (99.99%)

Your total balance

$1,000.10

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

Total balance: $1,000.1

Earnings: $0.1

Bank Details

Chime

APY: 3.75%

Total savings breakdown:

  • Interest earned: $37.5 (3.61%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $1,000 (96.39%)

Your total balance

$1,037.50

Effective APY: 3.75% (based on your deposit and contributions)

Total balance: $1,037.5

Earnings: $37.5

Bank Details

After 1 year Chase Bank would earn you $37.4 less than Chime.

More Comparisons

Compare Chase Bank's APY of 0.01% with other banks
Compare Chime's APY of 3.75% with other banks