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 1.50% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 748 | 523 |
| 2 | 50,748 | 759 | 531 |
| 3 | 51,506 | 770 | 539 |
| 4 | 52,276 | 782 | 547 |
| 5 | 53,058 | 793 | 555 |
| 6 | 53,851 | 805 | 564 |
| 7 | 54,656 | 817 | 572 |
| 8 | 55,473 | 829 | 581 |
| 9 | 56,302 | 842 | 589 |
| 10 | 57,144 | 854 | 598 |
| 11 | 57,998 | 867 | 607 |
| 12 | 58,866 | 880 | 616 |
| 13 | 59,746 | 893 | 625 |
| 14 | 60,639 | 907 | 635 |
| 15 | 61,545 | 920 | 644 |
| 16 | 62,465 | 934 | 654 |
| 17 | 63,399 | 948 | 663 |
| 18 | 64,347 | 962 | 673 |
| 19 | 65,309 | 976 | 683 |
| 20 | 66,285 | 991 | 694 |
| TOTAL | $17,276 | $12,094 |
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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