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 1.48% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 740 | 518 |
| 2 | 50,740 | 751 | 526 |
| 3 | 51,491 | 762 | 533 |
| 4 | 52,253 | 773 | 541 |
| 5 | 53,026 | 785 | 549 |
| 6 | 53,811 | 796 | 557 |
| 7 | 54,608 | 808 | 566 |
| 8 | 55,416 | 820 | 574 |
| 9 | 56,236 | 832 | 583 |
| 10 | 57,068 | 845 | 591 |
| 11 | 57,913 | 857 | 600 |
| 12 | 58,770 | 870 | 609 |
| 13 | 59,640 | 883 | 618 |
| 14 | 60,522 | 896 | 627 |
| 15 | 61,418 | 909 | 636 |
| 16 | 62,327 | 922 | 646 |
| 17 | 63,250 | 936 | 655 |
| 18 | 64,186 | 950 | 665 |
| 19 | 65,136 | 964 | 675 |
| 20 | 66,100 | 978 | 685 |
| TOTAL | $17,078 | $11,954 |
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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