Compare Savings vs. CDs
Comparison of Deposit Account from Today's Bank with 0.75% - November 2024


Long-Term Analysis of Today's Bank with 0.75% 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
    0.75%
    -
    $50,000
    48 Month
    Bank
    0.92x (National Avg. - 0.81%)
    $100,000
     
    SCENARIO
    Year Rate
    0.75%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 374 262
    2 50,374 377 264
    3 50,751 380 266
    4 51,130 382 268
    5 51,513 385 270
    6 51,898 388 272
    7 52,286 391 274
    8 52,677 394 276
    9 53,072 397 278
    10 53,468 400 280
    11 53,868 403 282
    12 54,271 406 284
    13 54,677 409 286
    14 55,086 412 288
    15 55,498 415 291
    16 55,913 418 293
    17 56,332 421 295
    18 56,753 425 297
    19 57,178 428 299
    20 57,605 431 302
    TOTAL $8,036 $5,625

    All calculations are for demonstration purposes only.

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