The Forbes Advisor editorial team is independent and objective. Early withdrawal penalties range from 90 days’ interest to 365 days’ interest, depending on the CD term. Like most banks, Chase charges a penalty for withdrawing funds before the CD’s maturity date. You also have the option to add funds, change CD terms or withdraw funds (without penalty) during the 10-day grace period following maturity.
Interest earned on Chase CDs compounds daily, with the option to receive interest payments monthly, quarterly, semiannually, annually or at maturity.Ĭhase CDs renew automatically. Chase CDs have a $1,000 minimum opening deposit. All standard rate CDs currently earn 0.01% interest, regardless of term length or CD balance. Relationship rates are specifically for customers with a linked Chase personal checking account. Chase Bank offers both standard and relationship interest rates on its CD accounts.
