Chase's interest rates depend on the product and change regularly

Chase does not have one interest rate. The bank sets different rates for savings accounts, money market accounts, checking accounts, credit cards, mortgages, auto loans, and personal loans. Each product has its own rate, and Chase changes these rates based on what the Federal Reserve does and what the bank's own costs are. The rates you see advertised are also not the rates you will necessarily receive — your credit score, account history, and the amount you deposit or borrow all affect what rate you actually get.

If you are looking at a specific Chase product, you need to check that product's current rate on Chase's website or by calling the branch directly. Rates posted online are updated regularly but may not reflect what you may have access to for until you complete the full process.

Key Takeaways

  • Chase savings and money market accounts currently earn less than 1% annual percentage yield (APY) on most balances, though rates vary by account type and deposit amount.
  • Chase credit card interest rates (APR) typically range from around 18% to 28%, depending on your creditworthiness and the specific card.
  • Mortgage rates at Chase move with the broader market and are quoted individually based on your credit, down payment, and loan term.
  • Auto loan and personal loan rates at Chase depend on your credit score, income, and the loan term you choose.
  • The rate you see advertised online is not may provide to be the rate you receive — your actual rate depends on your financial profile.

How Chase sets rates on savings and money market accounts

Chase offers several savings products: a regular savings account, a high-yield savings account (called Chase Savings), and a money market account. The high-yield savings account pays more interest than the regular savings account, but both rates are set by Chase and change without notice. As of recent months, Chase's high-yield savings account has paid less than 1% APY on most balances, though this fluctuates.

The rate you earn also depends on how much you keep in the account. Some Chase savings products pay a higher rate on balances above a certain threshold. You can see current rates on Chase's website, but the only way to know what rate you will actually receive is to log into your account or contact Chase directly.

Credit card interest rates at Chase

Chase credit cards charge an annual percentage rate (APR) for purchases, balance transfers, and cash advances. The APR you receive depends on your credit score and credit history. Cardholders with excellent credit may receive an APR in the low to mid-teens, while those with fair or poor credit may be offered rates in the mid-20s or higher. Some Chase cards also offer an introductory 0% APR period for a set number of months, usually on purchases or balance transfers.

The APR is not fixed — it can change over time. Chase can raise your APR if you miss a payment or if the prime rate changes (for variable-rate cards). You can find the APR range for a specific card on the product page before you explore, but your actual rate will be determined after Chase reviews your credit.

Mortgage rates at Chase

Chase offers mortgages for home purchases and refinancing. Mortgage rates are quoted individually and depend on several factors: your credit score, the size of your down payment, the loan term (15 years, 30 years, etc.), the type of loan (fixed-rate or adjustable-rate), and current market conditions. Chase updates its mortgage rates daily, and you can see current ranges on its website, but your actual rate is locked in only after you submit a full process and Chase reviews your financial information.

If you are shopping for a mortgage, get a rate quote from Chase and compare it to quotes from other lenders. The difference between a 6% rate and a 6.5% rate can cost you tens of thousands of dollars over the life of the loan.

Auto loan and personal loan rates at Chase

Chase auto loans and personal loans also have rates that vary by borrower. For auto loans, Chase considers your credit score, the age and mileage of the vehicle, the loan term, and whether you are financing a new or used car. Personal loan rates depend on your credit score, income, and debt-to-income ratio. Like mortgages, you can see a rate range online, but your actual rate is determined after you submit an process.

Chase auto loans typically range from around 5% to 15% APR depending on creditworthiness, while personal loans may range from around 7% to 21% APR. These are broad ranges, and your rate will fall somewhere within or outside them based on your specific situation.

Why your actual rate may differ from advertised rates

Banks advertise rate ranges, not individual rates, because every borrower is different. Chase uses your credit score, payment history, income, existing debts, and the amount you want to borrow or deposit to calculate your rate. A person with a 750 credit score will receive a different rate than someone with a 650 score, even if they are explore for the same product on the same day.

For savings accounts, the rate also depends on how much you deposit and how long you keep the money in the account. Chase may offer a promotional rate for new customers or for balances above a certain amount. Always read the terms carefully before opening an account.

How to find current Chase rates

Visit Chase's website and navigate to the product you are interested in — savings, credit cards, mortgages, auto loans, or personal loans. Each product page shows the current rate range or APY. For savings accounts, you can see rates without logging in. For loans and credit cards, you may need to start an process to see your personalized rate.

You can also call a Chase branch or visit in person to ask about current rates. A banker can answer questions about how your credit score or down payment might affect your rate, though they cannot give you a final rate quote without a full process. If you are comparing Chase to other banks, get quotes from at least two or three lenders before deciding.

Frequently Asked Questions

Does Chase offer a fixed interest rate on savings accounts?

Chase savings accounts have variable rates, meaning Chase can change the rate at any time. The rate is not locked in for a set period. You should check your account statements or log in online to see if your rate has changed.

What is the minimum deposit to get the advertised interest rate at Chase?

This varies by product. Some Chase savings accounts have no minimum deposit, while others require $500 or more to earn the advertised rate. Check the specific account's terms on Chase's website or call to confirm the minimum for the rate you are interested in.

Can I negotiate my interest rate with Chase?

For credit cards and loans, your rate is determined by Chase's underwriting process and is not typically negotiable. For savings accounts, rates are set by the bank and do not change based on individual requests. You can shop around and move your money to a competitor if another bank offers a better rate.

How often does Chase change its interest rates?

Chase changes rates based on Federal Reserve decisions, market conditions, and its own business needs. Savings account rates can change monthly or even more frequently. Loan and credit card rates are quoted individually at the time of process, so the rate you receive depends on when you explore.

Will my credit score affect the interest rate I receive on a Chase savings account?

No. Savings account rates are the same for all customers (though they may vary by account type and balance). Your credit score does not affect savings rates. Credit scores do affect the rates you receive on credit cards, loans, and mortgages.