Compare Analysis of Bell Bank with 3.07% APY.
This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.
PRODUCT
BANK
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
BANK TYPE
STATE
All calculations are for demonstration purposes only."
- 1LOCAL CD$50,00012 Month3.07%5.58x (National Avg. - 0.55%)$99,999Bank-SCENARIO
Year Rate
3.07%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,535 1,075 2 51,535 1,582 1,107 3 53,117 1,631 1,141 4 54,748 1,681 1,177 5 56,429 1,732 1,213 6 58,161 1,786 1,250 7 59,946 1,840 1,288 8 61,787 1,897 1,328 9 63,684 1,955 1,369 10 65,639 2,015 1,411 11 67,654 2,077 1,454 12 69,731 2,141 1,499 13 71,872 2,206 1,545 14 74,078 2,274 1,592 15 76,352 2,344 1,641 16 78,696 2,416 1,691 17 81,112 2,490 1,743 18 83,602 2,567 1,797 19 86,169 2,645 1,852 20 88,814 2,727 1,909 TOTAL $41,541 $29,079