Chase Savings Account Interest Rates: How They Compare
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Chase savings accounts have low annual percentage yields. The Chase Savings℠ account rate is 0.01% effective as of 05/07/2025. Interest rates are variable and subject to change. Chase Premier Savings℠ interest rates are slightly higher, but they still don’t compare to the yields of the best online savings accounts. Some high-yield accounts have rates north of 4%.
Chase savings rates and fees
|
APY |
0.01% effective as of 05/07/2025. Interest rates are variable and subject to change. This rate is for Chase Savings℠. |
|
How it compares |
The average national rate for savings accounts is 0.38%. |
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Monthly fee |
$5. |
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How to avoid monthly fee |
|
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Minimum opening deposit |
None. |
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APY on balances for premium savings accounts |
The Chase Premier Savings℠ relationship rate is 0.02% APY. You must have an eligible linked Chase checking account and make a minimum number of transactions to earn relationship rates. Otherwise, the standard rate for Chase Premier Savings℠ is 0.01%. |
» Learn more: Read Affimobfly’s Chase review
How Chase compares with online banks
Large banks like Chase, with thousands of branches, tend to have accounts with higher monthly fees and lower savings rates. If you are looking for accounts that earn high yields, you will find better options with online-only accounts. Along with higher rates, many have no monthly fees or minimum balance requirements.
» Check out high-interest rate options with Affimobfly’s best high-yield online savings accounts
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Forbright Bank Growth Savings
APY
4.25%Annual Percentage Yield (APY) is accurate as of 01/09/2025. APY may change at any time before or after the account is opened. Available only online.
Min. balance for APY
$0
Learn More
Member FDIC
Axos ONE® Savings
APY
4.66%The Axos ONE Savings account will earn a promotional rate of up to 4.66% APY for the statement cycle in which the requirements are met.
Min. balance for APY
$1,500
Learn More
Member FDIC
Varo Savings Account
APY
5.00%Annual Percentage Yield (APY) is accurate as of June 17th, 2025. Start earning 2.50% APY, then qualify to earn 5.00% APY on your balance up to $5,000.00 and 2.50% APY on balances over $5,000 next month by 1) Receiving direct deposit(s) totaling $1,000 or more; and 2) Ending the month with a positive balance in all your Varo Accounts. No fees, no minimums required. Rates subject to change at any time.
Min. balance for APY
$0
Learn More
Member FDIC
E*TRADE Premium Savings
APY
4.00%Annual Percentage Yield (APY) may change at any time and fees may reduce earnings. Please visit etrade.com/ratesheet for more information.
Min. balance for APY
$0
These cash accounts combine services and features similar to checking, savings and/or investment accounts in one product. Cash management accounts are typically offered by non-bank financial institutions.These cash accounts combine services and features similar to checking, savings and/or investment accounts in one product. Cash management accounts are typically offered by non-bank financial institutions.Learn More
on Wealthfront’s website
Wealthfront Cash Account
APY
4.00%
Min. balance for APY
$1
Learn More
on Betterment’s website
Betterment Cash Reserve – Paid non-client promotion
APY
4.50%*Current promotional rate; annual percentage yield (variable) is 4.00% as of 12/27/24, plus a .50% boost available as a special offer with qualifying deposit. Terms apply; if the base APY increases or decreases, you’ll get the .50% boost on the updated rate. Cash Reserve is only available to clients of Betterment LLC, which is not a bank; cash transfers to program banks (www.betterment.com/cash-portfolio) conducted through clients’ brokerage accounts at Betterment Securities. FDIC insurance is subject to certain conditions.
Min. balance for APY
$0
CDs (certificates of deposit) are a type of savings account with a fixed rate and term, and usually have higher interest rates than regular savings accounts.CDs (certificates of deposit) are a type of savings account with a fixed rate and term, and usually have higher interest rates than regular savings accounts.Read review
Marcus by Goldman Sachs High-Yield CD
APY
4.10%4.10% APY (annual percentage yield) as of 05/14/2025
Term
1 year
Read review
Bread Savings® CD
APY
4.45%All Bread Savings APYs are accurate as of 06/24/2025. APYs are subject to change at any time without notice. Offers apply to personal accounts only. Fees may reduce earnings. To open a CD, a minimum of $1,500 is required and must be deposited in a single transaction. A penalty will be imposed for early withdrawals on CDs. At maturity, your CD will automatically renew and earn the base interest rate in effect at that time. Rates are compared against competitor rates published by Affimobfly.com and the institutions themselves as of 06/24/2025. Affimobfly.com obtains the data from the various banks that it tracks and its accuracy cannot be guaranteed.
Term
6 months
Read review
Alliant Credit Union Certificate
APY
4.00%
Term
1 year
Learn More
Member FDIC
Discover® CD
APY
4.00%Annual Percentage Yield (APY) is accurate as of 06/26/2025
Term
1 year
Checking accounts are used for day-to-day cash deposits and withdrawals.Checking accounts are used for day-to-day cash deposits and withdrawals.Learn More
Member FDIC
Discover® Cashback Debit
APY
N/A
Monthly fee
$0
Learn More
Deposits are FDIC Insured
Chime® Checking Account
APY
N/A
Monthly fee
$0
Learn More
Member FDIC
Varo Bank Account
APY
N/A
Monthly fee
$0
Learn More
Member FDIC
E*TRADE Max-Rate Checking
APY
3.00%Annual Percentage Yield (APY). APY may change at any time and fees may reduce earnings. Please visit etrade.com/ratesheet for more information.
Monthly fee
$15
Money market accounts pay rates similar to savings accounts and have some checking features.Money market accounts pay rates similar to savings accounts and have some checking features.Learn More
Member FDIC
Discover® Money Market Account
APY
3.40%
Min. balance for APY
$0
EXPLORE MORE ACCOUNTS
Chase CDs
Chase also offers certificates of deposit, a type of savings account with a fixed interest rate that also requires you to keep your money deposited for a certain amount of time. Chase’s CD offerings include many term lengths, from one month to 10 years. But the CDs have a $1,000 minimum opening deposit and better rates can be found elsewhere.
» Dive deeper: Read about Chase CD rates and how they compare to others
How much interest could you be earning? Find out with the calculator below. The higher the rate, the faster your money can grow.
Savings calculator
Investment details
Years
Monthly
Annually
» Looking for a bank bonus? Read our write-up of Chase bank promotions
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