If your CD is closed during the grace period, it won't earn interest on or after the maturity date.For the renewal term, your CD will earn interest for the term and amount at the CD standard rate unless you qualify for the CD relationship rate.Once your CD renews, any reference to the maturity date means the last day of the new term. We'll notify you 15 days prior to the maturity date and would recommend discussing your options with your Chase banker.Īutomatically renewable CD: An automatically renewable CD will renew on the maturity date for the same term unless we notify you otherwise, or you change or close the account. On the maturity date or during the grace period, you can change the term of your CD, make additional deposits (for non-retirement CDs only) or withdraw your CD principal without paying an early withdrawal penalty. The grace period is the 10 days after the maturity date for CDs with a term of 14 days or longer. with rates from 2 percent to 4 percent for customers with Chase checking accounts, depending on the size of the deposit the top rate requires a minimum of 100,000. Perhaps more important than the rates is the minimum opening. The maturity date is the last day of your CD’s term. First Republic Bank’s CDs come with 11 terms, and the APYs range between 0.01 and 5.00 APY.
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