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 0.72% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 359 | 251 |
| 2 | 50,359 | 362 | 253 |
| 3 | 50,721 | 364 | 255 |
| 4 | 51,085 | 367 | 257 |
| 5 | 51,452 | 369 | 259 |
| 6 | 51,821 | 372 | 260 |
| 7 | 52,193 | 375 | 262 |
| 8 | 52,568 | 377 | 264 |
| 9 | 52,945 | 380 | 266 |
| 10 | 53,325 | 383 | 268 |
| 11 | 53,708 | 386 | 270 |
| 12 | 54,094 | 388 | 272 |
| 13 | 54,482 | 391 | 274 |
| 14 | 54,873 | 394 | 276 |
| 15 | 55,267 | 397 | 278 |
| 16 | 55,664 | 400 | 280 |
| 17 | 56,064 | 403 | 282 |
| 18 | 56,466 | 405 | 284 |
| 19 | 56,872 | 408 | 286 |
| 20 | 57,280 | 411 | 288 |
| TOTAL | $7,692 | $5,384 |
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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|
|
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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|
|
4.80% |
$50,000 |
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|
Last change: ↑0.20% on October 28. |
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