Chase Bank CD Rates June 2025: Why Most Savers Are Getting it Wrong

If you walk into a Chase branch right now, or more likely, pull up the app while sitting on your couch, you’re going to see something that looks like a mistake. One screen might tell you the interest rate is a measly 0.01%. Then, you click a different tab, and suddenly you’re seeing 3.00% or 4.00%. It’s confusing. Honestly, it’s enough to make you want to just leave the money in a shoebox.

But there is a logic to the chase bank cd rates june 2025 madness.

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The biggest thing to understand about Chase is that they don't really want your money unless you’re already a "customer" in their eyes. By June 2025, the Federal Reserve has already started its dance of small rate cuts. We saw them hold steady at 4.25% to 4.5% for the first half of the year, which has kept CD rates from falling off a cliff, but it also means the "glory days" of 5% yields are mostly in the rearview mirror.

The Great Divide: Standard vs. Relationship Rates

Chase is basically two different banks depending on whether you have a checking account with them.

If you just have a random $5,000 and you want to open a CD without being a Chase checking customer, you’re going to get the "Standard" rate. As of June 2025, that rate is almost universally 0.01% APY. That isn't a typo. It is literally one cent for every hundred dollars. You’d probably find more money under your car seat.

The "Relationship" rates are where things actually happen. To get these, you have to link your CD to a qualifying Chase checking account.

Important Reality Check: Even with a relationship rate, not every term is a winner. Chase uses "Featured Terms" to lure you in. If you pick a random 7-month CD, you might still get a low rate. But if you pick the 3-month or 6-month special, the numbers jump significantly.

Breaking Down Chase Bank CD Rates June 2025

Let's look at what the actual numbers look like this month. Keep in mind, these fluctuate based on your zip code, but for most of the country, here is the breakdown for balances between $1,000 and $99,999:

• 3-Month CD (Featured): This is often their "hook." In June 2025, you're looking at roughly 3.50% to 4.00% APY if you have a relationship account.
• 6-Month CD: Usually sits around 3.00% to 3.10% APY.
• 12-Month CD: Interestingly, longer isn't always better here. The 1-year rate often trails the shorter "specials," hovering around 1.75% to 2.00% APY.
• The "Dead Zones": If you look at a 9-month or an 11-month term, the rate often craters back down to 0.50%.

Why does a 3-month CD pay more than a 12-month one? It’s called an inverted yield curve, but in plain English, it just means the bank expects interest rates to keep falling. They’re happy to pay you a high rate for 90 days, but they don't want to be stuck paying you that much for a whole year if they think the market rate will be lower by then.

Is $1,000 the Magic Number?

Yeah, basically. The minimum to even start this game is $1,000. If you have $100,000 or more, you might see a tiny bump of 0.05% or so, but Chase isn't exactly rolling out the red carpet for "jumbo" deposits anymore. The gap between a small saver and a big one has narrowed significantly.

The Strategy: How to Actually Use Chase Right Now

Most people make the mistake of just picking a number of months that sounds good. "Oh, I'll be buying a car in 9 months, let me get a 9-month CD."

Don't do that. At Chase, the 9-month rate is garbage. You would be much better off opening a 6-month CD at 3.10%, letting it mature, and then putting it into a 3-month CD. It’s a little more work, but the math doesn't lie.

Watching the Federal Reserve

By mid-2025, the FOMC (Federal Open Market Committee) has been very vocal about "risk management." They’ve been trimming rates by 25 basis points here and there to make sure the labor market doesn't stall out. When Jerome Powell speaks, the big banks listen.

If you think the Fed is going to cut rates again in the fall of 2025, locking in a 6-month CD in June is a smart move. You're "pinning" that rate down before the next meeting happens.

The Hidden Penalty Trap

Life happens. Maybe your water heater explodes or you decide you actually need that money for a last-minute trip. Chase is pretty strict about early withdrawals.

• For terms under 6 months: You lose 90 days of interest.
• For terms 6 to 24 months: You lose 180 days of interest.

If you put money in a 6-month CD and pull it out after two months, you don't just lose the interest you earned—you might actually lose part of your original deposit (the principal) because the penalty is larger than the interest you’ve made so far. Kinda brutal, right?

Comparing the Big Guys

I get it. You like Chase because there’s a branch on every corner and the app is easy. But honestly, if you look at online-only banks like Ally or Marcus by Goldman Sachs in June 2025, they are still offering 4.00% or higher on almost every term, not just the "special" ones.

Chase is for people who want the convenience of having their checking, savings, and CDs all in one place. You’re paying for that convenience with a slightly lower interest rate.

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Actionable Next Steps

If you’ve decided to stick with Chase, here is your playbook for June:

1. Check your link: Verify your CD will be linked to your Chase checking account before you sign. If it isn't, you're getting 0.01%, which is basically giving the bank a free loan.
2. Hunt for the Specials: Look specifically for the 3-month or 6-month "Featured" terms. Ignore the rest.
3. Mind the Grace Period: When your CD matures, you only have 10 days to move your money or change the term. If you do nothing, Chase will automatically renew you into the same term—but at whatever the current rate is then, which could be much lower.
4. The Ladder Option: If you have $4,000, consider doing four $1,000 CDs with staggered dates (3, 6, 9, and 12 months). It keeps your cash more liquid while still grabbing those higher relationship rates where they exist.

The bottom line? The chase bank cd rates june 2025 environment is all about being picky. If you aren't paying attention to the specific "Featured" months, you’re leaving money on the table.