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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| Year | Rate 0.43% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 213 | 149 |
| 2 | 50,213 | 213 | 149 |
| 3 | 50,426 | 214 | 150 |
| 4 | 50,640 | 215 | 151 |
| 5 | 50,855 | 216 | 151 |
| 6 | 51,072 | 217 | 152 |
| 7 | 51,289 | 218 | 153 |
| 8 | 51,507 | 219 | 153 |
| 9 | 51,726 | 220 | 154 |
| 10 | 51,945 | 221 | 155 |
| 11 | 52,166 | 222 | 155 |
| 12 | 52,388 | 223 | 156 |
| 13 | 52,610 | 224 | 157 |
| 14 | 52,834 | 225 | 157 |
| 15 | 53,059 | 225 | 158 |
| 16 | 53,284 | 226 | 159 |
| 17 | 53,511 | 227 | 159 |
| 18 | 53,738 | 228 | 160 |
| 19 | 53,966 | 229 | 161 |
| 20 | 54,196 | 230 | 161 |
| TOTAL | $4,426 | $3,098 |
All calculations are for demonstration purposes only.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
5.00% |
$50,000 |
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Last change: ↑0.25% on October 28. |
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|
|
5.00% |
$500 |
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Last change: ↑3.00% on August 7. |
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|
|
4.91% |
$25,000 |
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Last change: ↓0.09% on October 17. |
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|
|
4.90% |
$10,000 |
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Last change: ↓0.15% on September 6. |
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|
|
4.90% |
$500 |
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|
Last change: ↓0.05% on September 27. |
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