Compare Savings vs. CDs
Comparison of Deposit Account from FAMILY ADVANTAGE with 0.29% - November 2024


Long-Term Analysis of FAMILY ADVANTAGE with 0.29% 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
    0.29%
    -
    $50,000
    18 Month
    Credit Union
    0.50x (National Avg. - 0.58%)
    $100,000
     
    SCENARIO
    Year Rate
    0.29%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 146 102
    2 50,146 146 102
    3 50,291 146 102
    4 50,438 147 103
    5 50,585 147 103
    6 50,732 148 103
    7 50,879 148 104
    8 51,027 148 104
    9 51,176 149 104
    10 51,325 149 105
    11 51,474 150 105
    12 51,624 150 105
    13 51,774 151 105
    14 51,925 151 106
    15 52,076 152 106
    16 52,228 152 106
    17 52,380 152 107
    18 52,532 153 107
    19 52,685 153 107
    20 52,838 154 108
    TOTAL $2,992 $2,094

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

    Last change: ↑0.25% on October 28.
    6 Month Jumbo CD.

    Last change: ↓0.09% on October 17.
    3 Month CD.

    Last change: ↓0.15% on September 6.

    Last change: ↓0.05% on September 27.

    Last change: ↑0.20% on October 28.
    Early Withdrawal Penalty is 3 months interest.