Chase CD Rates (Certificate of deposits)

It has been a while since we have covered a bank as large as Chase, so lets take a look and see what deals they have and how Chase CD rates compare to the national average right now. As of right now, Chase has 6-Month CD’s at 0.25% which is not too great, but that is a minimum deposit of $1000 dollars. Moving on to the odd month term of 7 months at $10,000 minimum investment, the rate is 0.75% which is above the national average.

Currently in the US as of October 17 2009, the national rates on Bank CD’s are as follows. CD (Certificates of Deposit) rates – 3 Month with a minimum investment of $1000-$10,000 is 0.595%. For 60 month CD rates the average is 2.4%.

These rates are worse than the previous week, and large banks are usually the last to give the best CD rates. If you are looking for a bank that can beat the national average then finding a small local bank is going to be your best bet. They will many times run specials in specific regions for locals only. If you bank with Chase, and the rate you see above isn’t tempting enough for you at this point, then you may want to wait until they have some special rates which will most likely occur after the new year.

If there are any Bank specials from Chase we will keep you posted and post them here.