Compound Interest Calculator
Savings Account from JOVIA FINANCIAL with 3.87% APY and $10 minimum deposit



Use or Change These Amounts and Rates

The product Savings Account from JOVIA FINANCIAL with 3.87% APY and $10 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 $29,237. The interest earned would be $9,237 and the tax amount on the interest earned would be approximately $2,771.

Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for JOVIA FINANCIAL

Savings Boost of
$6,146 over 10 years
Cash Savings $20,000
Average Interest Earned $320

 
JOVIA FINANCIAL Interest Earned $6,466

 

 

See comparison detail table

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.

Comparison Detail Table Close X

Average Rate Scenario

Rate:
0.23%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 45 32
2 20,045 45 32
3 20,091 45 32
4 20,136 46 32
5 20,181 46 32
6 20,227 46 32
7 20,273 46 32
8 20,319 46 32
9 20,364 46 32
10 20,410 46 32
TOTAL: $457 $320

JOVIA FINANCIAL Scenario

Rate:
3.87%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 774 542
2 20,774 804 563
3 21,578 835 585
4 22,413 867 607
5 23,280 901 631
6 24,181 936 655
7 25,117 972 680
8 26,089 1,010 707
9 27,099 1,049 734
10 28,148 1,089 763
TOTAL: $9,237 $6,466

Take Action

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.


Recent Rate Changes



Date APY
November 11, 2024 3.87%


Featured CD Rates

ONLINE BANKS APY? MIN?

Last change: ↑0.25% on October 28.
6 Month Jumbo CD.

Last change: ↓0.09% on October 17.
3 Month CD.

Last change: ↓0.15% on September 6.

Last change: ↓0.05% on September 27.

Last change: ↑0.20% on October 28.
Early Withdrawal Penalty is 3 months interest.



Customer Reviews for Jovia Financial


  • April 25, 2021 |

    It has some of the most inept, cold workers. They do not return calls. You have trouble using payments or transactions by phone as they charge you. For months during COVID no hand sanitizer was present in the branches, but now there are signs telling youl they want you to clean yout hands before touching anything. They are not accommodating at all. It is run like an amateur establishment and they change personal like you change shirts.

  • December 26, 2019 |

    BAD, AND BAD BANK.. 3 WEEKS AGO LOST BANK CARD AND CONTACTED CUSTOMER SERVICE, THERE RESPONDS WAS " THEY CAN`T CANCEL BANK CARD ON THEIR END AND WILL BE CONTACTED BY HEADQUATHERS.. I WAS NEVER CONTACTED BY HEADQUATHERS. FAST FORWARD.. HOW COME I WAS ABLE TO PLACE AN ORDER ONLINE USING MY LOST BANK CARD INFO TODAY 12/26/2019. I AM LEAVING JOVIA ASAP.


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