Chase Bank vs. Upgrade
Compare rates, requirements, and features side-by-side to find the best option for you.
Chase Bank
Chase Savings℠
0.01%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessShow Fine Print & Trends Hide Details
Chase Bank
Chase Savings℠
Upgrade
Premier Savings
3.05%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Upgrade
Premier Savings
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Chase Bank vs. Upgrade Savings Calculator
Upgrade earns $1,823.9 more than Chase Bank.
Chase Bank
Chase Savings℠
Savings Breakdown
- Interest Earned+$5.70(0.0%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$18,005.70
Upgrade
Premier Savings
Savings Breakdown
- Interest Earned+$1,829.60(9.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,829.60
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Chase Bank vs. Upgrade
Why Chase Bank?
No distinct advantages found vs Upgrade.
Why Upgrade?
- ✓Higher potential APY (3.05% vs 0.01%) on all balances
- ✓No checking account or direct deposit required
— Key Feature Differences —
Better Returns at $10,000
UpgradeUpgrade's Premier Savings earns more on smaller deposits (approx. $305 vs $1/yr).
Better Returns at $25,000
UpgradeUpgrade's Premier Savings pulls ahead with larger amounts (approx. $763 vs $3/yr).
Best for Simplicity
UpgradeUpgrade's Premier Savings offers 3.05% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Upgrade's Premier Savings pays $304 more interest on a $10,000 balance than Chase Bank's Chase Savings℠.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Upgrade offers a clear advantage with its Premier Savings account, boasting an APY of 3.05%, significantly higher than Chase Bank's Chase Savings℠, which yields only 0.01%. Upgrade's account is online-only, requires a minimum balance of $1,000, and has no maintenance fees, making it a straightforward choice for savers. In contrast, Chase's account has a $5 maintenance fee that can be waived under certain conditions. Overall, Upgrade's higher APY and lack of direct deposit requirements position it as the more attractive option for those looking to maximize their savings.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Stop Losing Interest
See who beats both Chase Bank and Upgrade.
| Feature | Chase Bank | Upgrade |
|---|---|---|
| APY | 0.01% Verified: 12/10/2025 Stable (90d) | 3.05% Verified: 12/10/2025 ↘︎ 0.97%90d Change |
| Product Name | Chase Savings℠ | Premier Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $1,000 |
| Monthly Fee | $5 | $0 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.8 Android4.6 | iOS4.9 Android4.5 |
| BBB Rating | A- | A+ |
| Important Notes | 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 |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Chase Bank | Upgrade |
|---|---|---|
| Chase Savings℠ | Premier Savings | |
Current APY | 0.01% | 3.05% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.0 | -10.6 |
Days Since Change | 315 | 39 |
10-Month High | 0.01% | 4.14% |
10-Month Low | 0.01% | 3.05% |
Adjustments / Mo | 0.00 | 0.28 |
Volatility Score | 0.000 | 0.105 |
How to read these metrics(Click to expand)
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