The product CD 4-year Account from Beal Bank USA with 3.45% APY and $1,000 minimum deposit and a tax rate of 30 compounded annually, with an initial amount of $20,000, after 10 years would have grown your savings to approximately $28,076. The interest earned would be $8,076 and the tax amount on the interest earned would be approximately $2,423.
Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.
This analysis is for demonstrative purposes only and may change should certain assumptions prove incorrect. Savings rates may change and CD rates may not be renewable for the length of the term of the analysis. The difference between the bank rate entered and the average rate may not remain constant throughout the term.
| Rate: 0.82% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 163 | 114 |
| 2 | 20,163 | 165 | 115 |
| 3 | 20,328 | 166 | 116 |
| 4 | 20,494 | 167 | 117 |
| 5 | 20,661 | 169 | 118 |
| 6 | 20,829 | 170 | 119 |
| 7 | 20,999 | 171 | 120 |
| 8 | 21,171 | 173 | 121 |
| 9 | 21,344 | 174 | 122 |
| 10 | 21,518 | 176 | 123 |
| TOTAL: | $1,693 | $1,185 |
| Rate: 3.45% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 690 | 483 |
| 2 | 20,690 | 714 | 500 |
| 3 | 21,404 | 738 | 517 |
| 4 | 22,142 | 764 | 535 |
| 5 | 22,906 | 790 | 553 |
| 6 | 23,696 | 818 | 572 |
| 7 | 24,514 | 846 | 592 |
| 8 | 25,360 | 875 | 612 |
| 9 | 26,235 | 905 | 634 |
| 10 | 27,140 | 936 | 655 |
| TOTAL: | $8,076 | $5,653 |
The accounts below offer some of the best rates in the country can be opened online, and are available nationally. As the calculator shows, changing accounts to earn a higher interest rate can really add up over time.
| Date | APY |
|---|---|
| April 4, 2025 | 3.45% |
| August 31, 2024 | 3.80% |
| August 16, 2024 | 3.85% |
| August 20, 2023 | 3.95% |
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.55% |
$50,000 |
Learn More | |
|
Last change: ↓0.10% on February 9. |
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|
|
4.55% |
$1,000 |
Learn More | |
|
Last change: ↓0.50% on October 1, 2024. |
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|
|
4.50% |
$500 |
Learn More | |
|
Last change: ↑0.20% on January 18. |
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|
|
4.50% |
$1,500 |
Learn More | |
|
Last change: ↓0.15% on January 25. |
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|
|
4.50% |
$50,000 |
Learn More | |
|
Last change: ↑0.20% on April 9. |
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Customer Reviews for Beal Bank USA
george
February 9, 2021 |
The wonderful assistants at Beal Bank are wonderful. Rebeca took great care of me and made sure all my concerns were addressed.
Is this review helpful? Yes:0 / No: 0
henry
July 2, 2019 |
I recently bought a Beal Bank cd through my stock broker. It matured about a week ago. I never received any interest on it.
Is this review helpful? Yes:7 / No: 0
alextcp1@gmail.com
December 11, 2018 |
Good service.
Is this review helpful? Yes:0 / No: 2
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