How does FDIC insured work for one checking, savings and multiple CD accounts?

Question

I and my wife joinly own one checking, one savings and few CD accounts in Chase bank. Each of these accounts have different account numbers. Does it mean that each of these accounts are insured up to 100K or combined balance on all of these accounts together are insured up to 100K?

Answer 1

The limit is $100,000 per insured bank.  If you want more insurance than this, you need to spread your money across several banks, not across several accounts.

Answer 2

Per social security number, insured up to 100K. Simple as that. No fussy-fussy with multiple accounts. Besides, where's the logic in creating a limit for the amount insured if the investor has the option of creating multiple accounts of 100k, thereby risking losing nothing? Hope you liked the answer.