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 0.84% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 421 | 295 |
| 2 | 50,421 | 425 | 297 |
| 3 | 50,846 | 428 | 300 |
| 4 | 51,274 | 432 | 302 |
| 5 | 51,705 | 435 | 305 |
| 6 | 52,141 | 439 | 307 |
| 7 | 52,580 | 443 | 310 |
| 8 | 53,022 | 446 | 313 |
| 9 | 53,469 | 450 | 315 |
| 10 | 53,919 | 454 | 318 |
| 11 | 54,373 | 458 | 320 |
| 12 | 54,831 | 462 | 323 |
| 13 | 55,293 | 466 | 326 |
| 14 | 55,758 | 469 | 329 |
| 15 | 56,228 | 473 | 331 |
| 16 | 56,701 | 477 | 334 |
| 17 | 57,179 | 481 | 337 |
| 18 | 57,660 | 485 | 340 |
| 19 | 58,146 | 490 | 343 |
| 20 | 58,635 | 494 | 346 |
| TOTAL | $9,129 | $6,390 |
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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