Compound Interest Calculator
CD 18-month Account from Wintrust Bank, National Association with 0.15% APY and $10,000 minimum deposit



Use or Change These Amounts and Rates

The product CD 18-month Account from Wintrust Bank, National Association with 0.15% 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 $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 Illinois and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for Wintrust Bank, National Association

Savings Boost of
$-107 over 10 years
Cash Savings $20,000
Average Interest Earned $318

 
Wintrust Bank, National Association Interest Earned $211

 

 

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 20,090 45 32
4 20,135 45 32
5 20,181 45 32
6 20,226 46 32
7 20,272 46 32
8 20,317 46 32
9 20,363 46 32
10 20,409 46 32
TOTAL: $455 $318

Wintrust Bank, National Association Scenario

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

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.



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Customer Reviews for Wintrust Bank, National Association


  • February 21, 2019 |

    Please read this for all small business owners.
    Do NOT use wintrust for any small business loans.
    They drained me for over 2 months, and I constantly had to contact them to see what is up.
    We were told at one time the check would be cut the following week, and then then asked for more items.
    Please don't get your business in trouble waiting on them.
    I am leaving this bank after 12 years. I put up with their old on-line banking which is about a decade behind and really messed up and not working many times without their staffs knowledge.
    They are a small bank that merged, and they all don't work well with each other if you walk into a branch that is not yours.
    They seem many years behind and not a big city bank like they claim.


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