Compare Savings vs. CDs
Comparison of Deposit Account from Legacy Bank with 0.76% - November 2024


Long-Term Analysis of Legacy Bank with 0.76% 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
    0.76%
    -
    $50,000
    60 Month
    Bank
    0.83x (National Avg. - 0.92%)
    $500
     
    SCENARIO
    Year Rate
    0.76%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 382 267
    2 50,382 384 269
    3 50,766 387 271
    4 51,153 390 273
    5 51,544 393 275
    6 51,937 396 277
    7 52,333 399 280
    8 52,732 402 282
    9 53,135 405 284
    10 53,540 409 286
    11 53,949 412 288
    12 54,360 415 290
    13 54,775 418 293
    14 55,193 421 295
    15 55,614 424 297
    16 56,038 428 299
    17 56,466 431 302
    18 56,897 434 304
    19 57,331 437 306
    20 57,768 441 309
    TOTAL $8,209 $5,746

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

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    6 Month Jumbo CD.

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    3 Month CD.

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    Early Withdrawal Penalty is 3 months interest.

    Last change: ↓0.50% on October 1.