Chemical Bank Promotional Cd Rates: Everything You Need To Know

6Month CD Rate Offer (Nationwide)


If you’re looking to invest your money in a safe and secure way, you might want to consider a certificate of deposit (CD). A CD is a type of savings account that typically offers higher interest rates than traditional savings accounts. Chemical Bank is one of the banks that offer CD rates that can help you reach your financial goals.

What are CD Rates?

CD rates are the interest rates that banks pay on their certificates of deposit. These rates can vary depending on the term of the CD, the amount of the deposit, and the bank offering the CD. The longer the term of the CD, the higher the interest rate tends to be.

Promotional CD Rates

Chemical Bank offers promotional CD rates that are higher than their regular CD rates. These rates are usually offered for a limited time only and are designed to attract new customers. They can be a great way to maximize your earnings on your savings.

How to Open a Chemical Bank Promotional CD

To open a Chemical Bank promotional CD, you will need to visit a branch or apply online. You will need to provide personal information such as your name, address, and social security number. You will also need to provide information about the CD, such as the term and the amount of your deposit. Once your application is approved, you can fund your CD and start earning interest.

Benefits of Chemical Bank Promotional CD Rates

Chemical Bank promotional CD rates offer several benefits, including:

  • Higher interest rates than traditional savings accounts
  • Guaranteed returns
  • FDIC insurance up to $250,000 per depositor
  • Flexible terms, ranging from 3 months to 5 years

Things to Consider Before Opening a CD

Before opening a CD, there are a few things to consider:

  • The term of the CD – you won’t be able to access your funds without penalty until the CD matures
  • The interest rate – make sure you compare rates from different banks to ensure you’re getting the best deal
  • The minimum deposit – some banks require a minimum deposit to open a CD
  • The penalties for early withdrawal – if you need to access your funds before the CD matures, you may incur a penalty


If you’re looking for a safe and secure way to invest your money, a Chemical Bank promotional CD may be a great option for you. With higher interest rates and guaranteed returns, you can maximize your earnings on your savings. Just make sure to consider the term of the CD, the interest rate, and any penalties before opening a CD.