The product CD 4-year Account from CapStar Bank with 1.51% 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 $23,234. The interest earned would be $3,234 and the tax amount on the interest earned would be approximately $970.
Please note that this product is available in Tennessee and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.
Our records indicate that this institution has been acquired by Old National Bank.
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: 0.81% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 163 | 114 |
| 2 | 20,163 | 164 | 115 |
| 3 | 20,327 | 165 | 116 |
| 4 | 20,492 | 167 | 117 |
| 5 | 20,658 | 168 | 118 |
| 6 | 20,826 | 169 | 119 |
| 7 | 20,996 | 171 | 119 |
| 8 | 21,166 | 172 | 120 |
| 9 | 21,338 | 173 | 121 |
| 10 | 21,512 | 175 | 122 |
| TOTAL: | $1,687 | $1,181 |
| Rate: 1.51% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 302 | 211 |
| 2 | 20,302 | 307 | 215 |
| 3 | 20,609 | 311 | 218 |
| 4 | 20,920 | 316 | 221 |
| 5 | 21,236 | 321 | 224 |
| 6 | 21,556 | 326 | 228 |
| 7 | 21,882 | 330 | 231 |
| 8 | 22,212 | 335 | 235 |
| 9 | 22,548 | 340 | 238 |
| 10 | 22,888 | 346 | 242 |
| TOTAL: | $3,234 | $2,264 |
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.
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.91% |
$25,000 |
Learn More | |
|
Last change: ↓0.09% on October 17. |
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|
|
4.90% |
$10,000 |
Learn More | |
|
Last change: ↓0.15% on September 6. |
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|
|
4.80% |
$50,000 |
Learn More | |
|
Last change: ↓0.09% on December 7. |
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|
|
4.75% |
$50,000 |
Learn More | |
|
Last change: ↑0.25% on November 25. |
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|
|
4.70% |
$1,000 |
Learn More | |
|
Last change: ↑0.70% on December 7. |
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Customer Reviews for CapStar Bank
Rharrell
June 22, 2019
Worst customer service I Haven ever experienced. No one could tell me anything. Kept interrupting when trying to explain my problem . Wanting to wrap it up quickly. Lost my bank card . Was told I would be charged a fee to have it cancelled. They had no idea what the fee was. Waste of time and very unprofessional operators in a okforeign country.
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