Compare Savings vs. CDs
Comparison of Deposit Account from UNITED STATES SENATE with 5.28% - November 2024


Long-Term Analysis of UNITED STATES SENATE with 5.28% 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
    5.28%
    -
    $50,000
    24 Month
    Credit Union
    8.04x (National Avg. - 0.66%)
    $200,000
     
    SCENARIO
    Year Rate
    5.28%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,640 1,848
    2 52,640 2,779 1,946
    3 55,419 2,926 2,048
    4 58,346 3,081 2,156
    5 61,426 3,243 2,270
    6 64,669 3,415 2,390
    7 68,084 3,595 2,516
    8 71,679 3,785 2,649
    9 75,464 3,984 2,789
    10 79,448 4,195 2,936
    11 83,643 4,416 3,091
    12 88,059 4,650 3,255
    13 92,709 4,895 3,427
    14 97,604 5,153 3,607
    15 102,757 5,426 3,798
    16 108,183 5,712 3,998
    17 113,895 6,014 4,210
    18 119,908 6,331 4,432
    19 126,240 6,665 4,666
    20 132,905 7,017 4,912
    TOTAL $89,922 $62,946

    All calculations are for demonstration purposes only.

    Featured CD Rates

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