The product CD 3-year Account from Hawaii National Bank with 0.15% APY and $100,000 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 $20,302. The interest earned would be $302 and the tax amount on the interest earned would be approximately $91.
Please note that this product is available in Hawaii and 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: 0.75% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 150 | 105 |
| 2 | 20,150 | 151 | 106 |
| 3 | 20,302 | 152 | 107 |
| 4 | 20,454 | 154 | 108 |
| 5 | 20,608 | 155 | 108 |
| 6 | 20,762 | 156 | 109 |
| 7 | 20,918 | 157 | 110 |
| 8 | 21,075 | 158 | 111 |
| 9 | 21,234 | 159 | 112 |
| 10 | 21,393 | 161 | 112 |
| TOTAL: | $1,554 | $1,088 |
| Rate: 0.15% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 30 | 21 |
| 2 | 20,030 | 30 | 21 |
| 3 | 20,060 | 30 | 21 |
| 4 | 20,090 | 30 | 21 |
| 5 | 20,120 | 30 | 21 |
| 6 | 20,150 | 30 | 21 |
| 7 | 20,181 | 30 | 21 |
| 8 | 20,211 | 30 | 21 |
| 9 | 20,241 | 30 | 21 |
| 10 | 20,272 | 30 | 21 |
| TOTAL: | $302 | $211 |
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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|
|
4.80% |
$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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|
|
4.65% |
$1,500 |
Learn More | |
|
Last change: ↓0.05% on December 4. |
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Customer Reviews for Hawaii National Bank
Cahotelguy
December 11, 2022
King branch We were blown away by service at this regional bank .Judy and liberty were great and boss lady Kelly watched over us . Okay his was very large transaction with bank we never dealt with . We so impressed buying cd to say thank you .. unusual service from outbank
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BIGdogs195566
May 18, 2018
Kapiolani branch : was helped by a sullen & rude teller on a Friday. The supervisor wasn’t much help either. And look at their rates ! Time for me to go elsewhere. Lols ....
Is this review helpful? Yes:0 / No: 0
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