Compare Savings vs. CDs
Comparison of Deposit Account from ADVANCIAL with 4.96% - November 2024


Long-Term Analysis of ADVANCIAL with 4.96% APY

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

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$
PRODUCT
BANK
APY
STATE
AMOUNT
TERM
BANK TYPE
VS.NAT.AV.
MIN
  • 1
    LOCAL CD
    4.96%
    -
    $50,000
    36 Month
    Credit Union
    6.61x (National Avg. - 0.75%)
    $25,000
     
    SCENARIO
    Year Rate
    4.96%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,480 1,736
    2 52,480 2,603 1,822
    3 55,083 2,732 1,912
    4 57,815 2,868 2,007
    5 60,683 3,010 2,107
    6 63,693 3,159 2,211
    7 66,852 3,316 2,321
    8 70,168 3,480 2,436
    9 73,648 3,653 2,557
    10 77,301 3,834 2,684
    11 81,135 4,024 2,817
    12 85,159 4,224 2,957
    13 89,383 4,433 3,103
    14 93,817 4,653 3,257
    15 98,470 4,884 3,419
    16 103,354 5,126 3,588
    17 108,480 5,381 3,766
    18 113,861 5,648 3,953
    19 119,509 5,928 4,149
    20 125,436 6,222 4,355
    TOTAL $81,658 $57,160

    All calculations are for demonstration purposes only.

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