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 1.13% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 563 | 394 |
| 2 | 50,563 | 569 | 399 |
| 3 | 51,132 | 576 | 403 |
| 4 | 51,708 | 582 | 408 |
| 5 | 52,290 | 589 | 412 |
| 6 | 52,879 | 595 | 417 |
| 7 | 53,475 | 602 | 421 |
| 8 | 54,077 | 609 | 426 |
| 9 | 54,686 | 616 | 431 |
| 10 | 55,301 | 623 | 436 |
| 11 | 55,924 | 630 | 441 |
| 12 | 56,554 | 637 | 446 |
| 13 | 57,191 | 644 | 451 |
| 14 | 57,834 | 651 | 456 |
| 15 | 58,486 | 659 | 461 |
| 16 | 59,144 | 666 | 466 |
| 17 | 59,810 | 673 | 471 |
| 18 | 60,484 | 681 | 477 |
| 19 | 61,165 | 689 | 482 |
| 20 | 61,853 | 696 | 488 |
| TOTAL | $12,550 | $8,785 |
All calculations are for demonstration purposes only.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
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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|
|
4.80% |
$50,000 |
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|
Last change: ↓0.09% on December 7. |
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|
|
4.75% |
$50,000 |
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|
Last change: ↑0.25% on November 25. |
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|
|
4.70% |
$1,000 |
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|
Last change: ↑0.70% on December 7. |
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