Compound Interest Calculator
CD 3-year Account from TOGETHER with 0.99% APY and $10,000 minimum deposit

Use or Change These Amounts and Rates

Cash Savings

Product:

Average Rate (%):

TOGETHER Rate (%):

Compound Interest Period:

Tax Rate:

Please leave this field blank

The product CD 3-year Account from TOGETHER with 0.99% 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 $22,071. The interest earned would be $2,071 and the tax amount on the interest earned would be approximately $621.

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

The Results for TOGETHER

Savings Boost of
$357 over 10 years

Cash Savings $20,000

Average Interest Earned $1,092

TOGETHER Interest Earned $1,449

Compare

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: 0.75%	Annual Interest	Annual Interest (After Tax)
1	20,000	151	106
2	20,151	152	106
3	20,303	153	107
4	20,456	154	108
5	20,610	155	109
6	20,765	157	110
7	20,922	158	110
8	21,080	159	111
9	21,239	160	112
10	21,399	161	113
	TOTAL:	$1,560	$1,092

TOGETHER Scenario

	Rate: 0.99%	Annual Interest	Annual Interest (After Tax)
1	20,000	198	139
2	20,198	200	140
3	20,398	202	141
4	20,600	204	143
5	20,804	206	144
6	21,010	208	146
7	21,218	210	147
8	21,428	212	148
9	21,640	214	150
10	21,854	216	151
	TOTAL:	$2,071	$1,449

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.

Featured CD Rates

ONLINE BANKS	APY^?	MIN^?
Brilliant Bank, a division of Equity Bank	4.60%	$1,000	Learn More
Last change: ↓0.50% on October 1, 2024.
My e-Banc, a division of Bradesco BAC Florida Bank	4.55%	$50,000	Learn More
Last change: ↓0.10% on February 9. 6 Month Jumbo CD.
Brilliant Bank, a division of Equity Bank	4.55%	$1,000	Learn More
Last change: ↓0.50% on October 1, 2024.
ableBanking, a division of Northeast Bank	4.50%	$500	Learn More
Last change: ↑0.20% on January 18.
Bread Savings, a division of Bread Financial	4.50%	$1,500	Learn More
Last change: ↓0.15% on January 25.

Compound Interest Calculator CD 3-year Account from TOGETHER with 0.99% APY and $10,000 minimum deposit