The product CD 1-year Account from INFUZE with 0.50% APY and $10,000 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 $21,023. The interest earned would be $1,023 and the tax amount on the interest earned would be approximately $307.
Please note that this product is available in Missouri 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: 0.55% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 111 | 78 |
| 2 | 20,111 | 111 | 78 |
| 3 | 20,222 | 112 | 78 |
| 4 | 20,334 | 113 | 79 |
| 5 | 20,447 | 113 | 79 |
| 6 | 20,560 | 114 | 80 |
| 7 | 20,674 | 115 | 80 |
| 8 | 20,789 | 115 | 81 |
| 9 | 20,904 | 116 | 81 |
| 10 | 21,020 | 116 | 82 |
| TOTAL: | $1,136 | $795 |
| Rate: 0.50% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 100 | 70 |
| 2 | 20,100 | 101 | 70 |
| 3 | 20,201 | 101 | 71 |
| 4 | 20,302 | 102 | 71 |
| 5 | 20,403 | 102 | 71 |
| 6 | 20,505 | 103 | 72 |
| 7 | 20,608 | 103 | 72 |
| 8 | 20,711 | 104 | 72 |
| 9 | 20,814 | 104 | 73 |
| 10 | 20,918 | 105 | 73 |
| TOTAL: | $1,023 | $716 |
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? | ||
|---|---|---|---|---|
|
|
5.00% |
$50,000 |
Learn More | |
|
Last change: ↑0.25% on October 28. |
||||
|
|
5.00% |
$500 |
Learn More | |
|
Last change: ↑3.00% on August 7. |
||||
|
|
4.91% |
$25,000 |
Learn More | |
|
Last change: ↓0.09% on October 17. |
||||
|
|
4.90% |
$10,000 |
Learn More | |
|
Last change: ↓0.15% on September 6. |
||||
|
|
4.90% |
$500 |
Learn More | |
|
Last change: ↓0.05% on September 27. |
||||
Customer Reviews for Infuze
BrokenOne
May 26, 2022 |
I was a victim of International Fraud through a Canadian Business, this happened around December 23rd 2021. I have since had issues with Customer Service as well as lack of security on my existing accounts. I also still have not had any luck when I requested to speak with High Management as well as the President of Infuze. I also have had a very rude and unprofessional interaction with an Infuze employee, named Stephanie and I had Mastercard Corp on the line and that call was recorded and I do have the notes from the Mastercard Employee that heard how the chat went and how I was treated. Now when I send a message through there Online Banking System it seems they do not want to deal with me and they have now deactivated my Log In. I have been treated like trash and I have gotten NO where with any requests I have made.
I have tons of documentation to prove how I was victimized. I also have had numerous contact with Canadian Police Constables and there is an on going Fraud Case being investigated there in Canada. I'm also working with the Osage Beach Police Dept as well as there Detective.
I want an Official Complaint filed against Infuze for there handling of this situation and the rude employees I have encountered. I also demand to talk with the Board of Directors and the President of Infuze, in which I have asked for that before and was ignored.
I have a million reasons to be upset with Infuze but they still ignore my requests and truly does not care for there members as I am living proof.
I have also consulted with the local court systems as well as Private Attorneys. I was also threatened to have my Auto Loan revoked and this has NOTHING to do with the Auto at all, I called an attorney and I was going to file suit as Infuze was about to take an illegal action. And the employee that is apparently over Auto Loans is the employee that was very hateful to me via phone.
Stay AWAY from this Credit Union as you may endure the same pain as I am currently going through!
I feel like I deserve JUSTICE!
Is this review helpful? Yes:1 / No: 0
Add Your Review
or use your BestCashCow account