Compare Savings vs. CDs
Comparison of Deposit Account from REDSTONE with 3.45% - April 2025


Long-Term Analysis of IncredibleBank with 3.79% APY and REDSTONE with 3.45% 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
    3.79%
    -
    $50,000
    6 Month
    Bank
    9.33x (National Avg. - 0.41%)
    $1,000
     
    SCENARIO
    Year Rate
    3.79%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,895 1,327
    2 51,895 1,967 1,377
    3 53,862 2,041 1,429
    4 55,903 2,119 1,483
    5 58,022 2,199 1,539
    6 60,221 2,282 1,598
    7 62,503 2,369 1,658
    8 64,872 2,459 1,721
    9 67,331 2,552 1,786
    10 69,883 2,649 1,854
    11 72,531 2,749 1,924
    12 75,280 2,853 1,997
    13 78,133 2,961 2,073
    14 81,095 3,073 2,151
    15 84,168 3,190 2,233
    16 87,358 3,311 2,318
    17 90,669 3,436 2,405
    18 94,105 3,567 2,497
    19 97,672 3,702 2,591
    20 101,374 3,842 2,689
    TOTAL $55,216 $38,651
  • 2
    LOCAL CD
    3.45%
    -
    $50,000
    60 Month
    Credit Union
    3.76x (National Avg. - 0.92%)
    $100,000
     
    SCENARIO
    Year Rate
    3.45%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,725 1,208
    2 51,725 1,785 1,249
    3 53,510 1,846 1,292
    4 55,356 1,910 1,337
    5 57,265 1,976 1,383
    6 59,241 2,044 1,431
    7 61,285 2,114 1,480
    8 63,399 2,187 1,531
    9 65,586 2,263 1,584
    10 67,849 2,341 1,639
    11 70,190 2,422 1,695
    12 72,612 2,505 1,754
    13 75,117 2,592 1,814
    14 77,708 2,681 1,877
    15 80,389 2,773 1,941
    16 83,162 2,869 2,008
    17 86,032 2,968 2,078
    18 89,000 3,070 2,149
    19 92,070 3,176 2,223
    20 95,247 3,286 2,300
    TOTAL $48,533 $33,973

    All calculations are for demonstration purposes only.

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