On this page13 sections
- Ratings and complaints
- Chase Bank vs. competitors
- Pricing
- Step by step
- Chase high-yield savings account
- Chase savings safety and legitimacy
- Chase savings fees and how to avoid them
- How Chase relationship rates work
- Complaints and how to avoid problems
- Who should skip Chase savings
- What customers say
- Alternatives
- FAQ
Chase does not offer a high-yield savings account. Its Chase Savings account paid 0.01% APY and Chase Premier Savings paid 0.02% at relationship rates on Chase's October 9, 2026 rate sheet, against about 3% to 4% at online banks. The accounts are safe, FDIC insured through JPMorgan Chase Bank, N.A., and handy for instant transfers to Chase checking, but $10,000 earns about $1 a year at 0.01%. If you want a better rate without leaving Chase, its relationship CD specials (3.50% to 4.00% on a 7-month term in October 2026) are the closest option; otherwise keep a small buffer at Chase and the rest of your savings elsewhere.
- Chase Savings rate
- 0.01% APY on all balances, as of October 9, 2026; variable, set by market1
- Chase Premier Savings rate
- 0.02% APY relationship rate, 0.01% standard rate, as of October 9, 20261
- Relationship rate rules
- Link Premier Savings to Chase Premier Plus, Sapphire, Private Client or J.P. Morgan checking and make at least 5 customer-initiated transactions a month from that checking account2
- Monthly fees
- Chase Savings $5, waived with a $300+ daily balance, $25+ monthly Autosave, a linked qualifying checking account or an owner under 25; Premier Savings $25, waived with $15,000+ daily balance or linked qualifying checking2
- Best Chase rate on cash
- Relationship CDs: 3.50% APY on a 7-month CD under $100,000 and 4.00% at $100,000+, 3.00% to 3.50% on 11 months; standard CD rate 0.01%; $1,000 minimum1
- Bank and insurance
- JPMorgan Chase Bank, N.A., FDIC certificate 628, regulated by the OCC; FDIC coverage up to $250,000 per depositor, per ownership category4
- CFPB complaints
- 9,289 checking or savings complaints about JPMorgan Chase from October 12, 2025 to October 12, 2026; top issue managing an account (5,324)5
Pros
- FDIC insured at the largest U.S. bank
- Instant transfers to and from Chase checking
- Fee easy to waive with $25 a month in Autosave or a linked checking account
- Branch and ATM access, with an ATM card on savings
- Relationship CD specials pay far more than savings
Cons
- 0.01% to 0.02% APY, a small fraction of online savings rates
- $5 or $25 monthly fee if you miss a waiver
- Premier relationship rate needs premium checking and 5 transactions a month
- Rates vary by ZIP code and can change at any time
- Heavy complaint volume about account management and closures
Best for: Chase checking customers who want a small emergency buffer they can move into checking instantly.
Skip it if: You are saving more than a few hundred dollars and want it to earn a competitive rate.
Chase Bank vs. competitors
| Company | Savings APY | Monthly fee | Minimum to open | Branches | Next step |
|---|---|---|---|---|---|
| Chase Savings | 0.01% (Oct. 9, 2026) | $5, or $0 with a waiver | Not published | Yes, nationwide | |
| American Express High Yield Savings | 3.10% (Oct. 2026) | $0 | $0 | No | Read review |
| Marcus by Goldman Sachs | About 3.40% to 3.50% (Oct. 2026) | $0 | $0 | No | Read review |
| EverBank Performance Savings | 4.20% for new accounts (Oct. 9, 2026) | $0 | $0 | Limited, savings is run online | Read review |
High-yield savings accounts we reviewed
-
Chase Bank This review BestGuide rating: 3.8 out of 5. Set by our editorial team from published factors such as cost, credentials, reputation, customer experience, services and guarantees. Verified partners are scored on our partner verification program and can be listed first; they are always labeled BestGuide Partner. Best for: Chase checking customers who want a small emergency buffer they can move into checking instantly. -
CIT Bank Platinum Savings BestGuide rating: 4.6 out of 5. Set by our editorial team from published factors such as cost, credentials, reputation, customer experience, services and guarantees. Verified partners are scored on our partner verification program and can be listed first; they are always labeled BestGuide Partner. Best for: Savers who will keep at least $5,000 in the account at all times and want a no-fee online account backed by a large bank. -
Openbank High Yield Savings BestGuide rating: 4.5 out of 5. Set by our editorial team from published factors such as cost, credentials, reputation, customer experience, services and guarantees. Verified partners are scored on our partner verification program and can be listed first; they are always labeled BestGuide Partner. Best for: Savers who want a high, fee free rate on cash they move in and out by transfer, and who are comfortable banking only through an app. -
American Express BestGuide rating: 4.1 out of 5. Set by our editorial team from published factors such as cost, credentials, reputation, customer experience, services and guarantees. Verified partners are scored on our partner verification program and can be listed first; they are always labeled BestGuide Partner. Best for: Savers who want a no-fee online savings account from a large, familiar bank with round-the-clock phone support. -
Marcus by Goldman Sachs BestGuide rating: 4.3 out of 5. Set by our editorial team from published factors such as cost, credentials, reputation, customer experience, services and guarantees. Verified partners are scored on our partner verification program and can be listed first; they are always labeled BestGuide Partner. Best for: Savers who want a simple, fee-free place for an emergency fund or CD ladder at a large FDIC-insured bank.
Chase Bank pricing at a glance
Chase savings accounts, fee schedule effective June 14, 2026 and rate sheet as of October 9, 20261
| Account | APY | Monthly fee | How to pay $0 |
|---|---|---|---|
| Chase Savings | 0.01% | $5 | $300+ daily balance, $25+ monthly Autosave, linked qualifying checking, or owner under 25 |
| Chase Premier Savings | 0.01% standard, 0.02% relationship | $25 | $15,000+ daily balance or linked qualifying checking |
| Chase Private Client Savings | 0.01% standard, 0.02% relationship | $0 | Requires Chase Private Client Checking |
| Chase CD, 7 months (relationship) | 3.50% under $100,000, 4.00% at $100,000+ | None | $1,000 minimum; linked Chase checking for the relationship rate |
| Chase CD, standard rate | 0.01% | None | $1,000 minimum |
Rates shown are from Chase's published rate sheet and vary by ZIP code; enter yours on chase.com. New and converted savings accounts are not charged the monthly fee for at least the first two statement periods. Savings accounts have no debit card or checks; an ATM card is available.
Chase Bank, step by step
Open online or in a branch
Apply on chase.com, in the Chase Mobile app or at a branch. Chase does not publish a minimum opening deposit for Chase Savings.
Link Chase checking
Linking a qualifying checking account waives the monthly fee and, for Premier Savings, earns the 0.02% relationship rate if you also make 5 transactions a month.
Set up Autosave
Automatic transfers of $25 or more a month from Chase checking waive the $5 fee on Chase Savings.
Move money instantly
Transfers between Chase checking and savings post right away, and savings can serve as overdraft backup for checking.
Consider a CD for a better rate
If you want more than 0.02% at Chase, a relationship CD special locks a fixed rate for a set term, with a penalty for early withdrawal.
Chase high-yield savings account
No. Chase offers Chase Savings, Chase Premier Savings and, for Chase Private Client members, Chase Private Client Savings. On Chase’s rate sheet dated October 9, 2026, Chase Savings paid 0.01% APY (annual percentage yield). The yearly return on a deposit including compounding, the standard number for comparing savings accounts. Compare high-yield savings accounts on every balance tier, and Premier Savings and Private Client Savings paid 0.02% at relationship rates (0.01% standard). Online savings accounts paid roughly 3% to 4% at the same time, for example about 3.10% at American Express and 4.20% for new EverBank accounts.
At 0.01%, $10,000 earns about $1 in a year. At 3.50%, the same balance earns about $350. Chase sets rates by market, so check the rate for your ZIP code on chase.com.
Chase savings safety and legitimacy
Yes. Chase deposits are held at JPMorgan Chase Bank, N.A., an FDIC member bank (certificate 628) supervised by the Office of the Comptroller of the Currency. Deposits are insured up to $250,000 per depositor, per ownership category. Safety is not the issue with Chase savings; the rate is.
Chase draws a high volume of complaints because it is so large. Consumers filed 9,289 checking or savings complaints about JPMorgan Chase with the CFPB from October 2025 to October 2026, most about managing or closing accounts. The BBB rates the parent company A- and it is not accredited. In December 2024 the CFPB sued Chase and two other banks over Zelle fraud; the case was dismissed in March 2025 without a finding against the banks.
Chase savings fees and how to avoid them
From Chase’s fee schedule effective June 14, 2026:
- Chase Savings: $5 a month, waived with a $300+ balance at the start of each day, $25+ a month in Autosave or other repeating transfers from Chase checking, a linked qualifying checking account, a linked Chase College Checking account enrolled in Overdraft Protection, or an owner under 25.
- Chase Premier Savings: $25 a month, waived with a $15,000+ balance at the start of each day or a linked Chase Premier Plus, Sapphire, Private Client or J.P. Morgan checking account. It has no Chase fee at non-Chase ATMs.
- Chase Private Client Savings: no monthly fee, but you need Chase Private Client Checking.
New accounts are not charged the monthly fee for at least the first two statement periods. Savings accounts have no debit card or check writing; an ATM card is available.
How Chase relationship rates work
Premier Savings earns the relationship rate when you link it to a J.P. Morgan Private Client Checking Plus, J.P. Morgan Classic Checking, Chase Private Client Checking, Chase Sapphire Checking or Chase Premier Plus Checking account and make at least five customer-initiated transactions a month with that checking account. The relationship rate then applies for the next statement period. In October 2026 that rate was 0.02%, only 0.01 point above the standard rate.
Relationship rates matter more for CDs. With almost any linked Chase checking account, including Total Checking and Secure Checking, the 7-month CD paid 3.50% APY under $100,000 and 4.00% at $100,000 or more, and the 11-month CD paid 3.00% to 3.50%. Standard CD rates were 0.01%. CDs need $1,000 to open, and early withdrawal costs 90 days of interest on terms under 6 months, 180 days for 6 to 23 months and 365 days for 24 months or more.
What customers say about Chase Bank
Recurring themes across the review sites and complaint records listed above, not individual quotes.
Common praise
- Instant transfers between Chase checking and savings
- Branches and ATMs nearly everywhere
- Highly rated mobile app with Autosave
- Size and FDIC insurance
Common complaints
- Savings rate of 0.01% to 0.02%
- Monthly fees when a waiver is missed
- Accounts frozen or closed during reviews, a top CFPB issue
- Hard to reach support and slow fraud disputes
Complaints and how to avoid problems
The top CFPB issues for Chase checking and savings in the last 12 months were managing an account (5,324), closing an account (1,386), problems with a company charging your account (1,369) and opening an account (603). Trustpilot reviews of Chase focus on support, frozen or closed accounts and fees.
- Set up $25 a month in Autosave or link a qualifying checking account so the $5 fee never posts.
- Do not let a large balance sit at 0.01%; move savings beyond your buffer to a higher-yield account or a CD.
- Turn on alerts for every transfer in and out of savings.
- If a dispute stalls, file with the CFPB at consumerfinance.gov/complaint or the OCC at helpwithmybank.gov.
Who should skip Chase savings
Chase savings is a poor home for an emergency fund or any money you are building over time. If you keep $20,000 at 0.01%, you earn about $2 a year; at 3.50% you would earn about $700. It also makes little sense to pay $25 a month for Premier Savings, since its relationship rate is only 0.02%. Keep a small buffer at Chase for overdraft protection and instant transfers, and hold the rest at an FDIC-insured online bank, in Chase relationship CDs, or in Treasury bills.
Alternatives to Chase Bank
-
American Express
A no-fee online account from another large bank that paid about 3.10% in October 2026.
-
Marcus by Goldman Sachs
Better if you want a no-fee online savings account plus no-penalty CDs.
-
Chase relationship CDs
Better if you want to stay at Chase and can lock money up for 7 or 11 months; early withdrawal costs 90 to 365 days of interest.
-
Treasury bills through TreasuryDirect
A public option from $100, in terms of 4 to 52 weeks, with interest free of state and local income tax.
Chase Bank reviews
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Frequently asked questions
Does Chase offer a high-yield savings rate?
No. Chase Savings paid 0.01% APY and Premier Savings paid up to 0.02% in October 2026. Online banks paid roughly 3% to 4% at the same time.
What is the Chase savings interest rate?
On Chase's October 9, 2026 rate sheet, Chase Savings paid 0.01% APY on all balances. Premier Savings paid 0.02% with relationship rates and 0.01% without. Rates vary by ZIP code.
How do I get the Chase Premier relationship rate?
Link Premier Savings to Chase Premier Plus, Sapphire, Private Client or J.P. Morgan checking and make at least five customer-initiated transactions a month from that checking account.
How much is $10,000 worth in a Chase savings account after a year?
At 0.01% APY, about $10,001. At an online savings rate of 3.50%, it would be about $10,350.
How do I avoid the Chase Savings fee?
Keep $300 or more at the start of each day, set up $25 or more a month in Autosave from Chase checking, link a qualifying checking account, or be under 25. Otherwise the fee is $5 a month.
Is money in Chase savings FDIC insured?
Yes. JPMorgan Chase Bank, N.A. is an FDIC member (certificate 628), and deposits are insured up to $250,000 per depositor, per ownership category.
Does Chase have better rates on CDs?
Yes, on select terms with a linked Chase checking account. In October 2026 the 7-month relationship CD paid 3.50% to 4.00% APY and the 11-month paid 3.00% to 3.50%. Other terms paid 0.02% to 2.00%, and standard rates were 0.01%.
Is there a limit on Chase savings withdrawals?
Chase's current fee schedule does not list a savings withdrawal fee. Savings accounts have no debit card or checks, but you can transfer online, use an ATM card or withdraw in a branch.
Is Chase Premier Savings worth it?
Usually not for the rate. Its relationship rate is 0.02%, and the $25 monthly fee applies unless you keep $15,000 or link premium checking. Its perks, such as no Chase fee at other banks' ATMs, matter more than the interest.
What is a better alternative to Chase savings?
An FDIC-insured online savings account, such as American Express, Marcus or EverBank, paid about 3% to 4% in October 2026 with no monthly fee. Treasury bills are another option for money you will not need for a few months.
Sources (8)
Facts on this page come from company websites, government agencies and regulators, checked on the dates shown. Editorial standards
- Chase: Consumer Deposit Rates rate sheet, effective October 9, 2026 (PDF) (accessed October 12, 2026)
- Chase: Additional Banking Services and Fees for Personal Accounts (PDF, effective 6/14/2026) (accessed October 12, 2026)
- Chase: Savings accounts (accessed October 12, 2026)
- FDIC BankFind: JPMorgan Chase Bank, N.A. (cert 628) (accessed October 11, 2026)
- CFPB: Consumer complaint database, JPMorgan Chase checking or savings (accessed October 12, 2026)
- BBB: JPMorgan Chase & Co. business profile (accessed October 12, 2026)
- Trustpilot: Chase reviews (accessed October 12, 2026)
- Crowdfund Insider: CFPB drops Zelle fraud lawsuit against major U.S. banks (accessed October 11, 2026)
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