Compare Analysis of Bread Savings, a division of Bread Financial with 3.80% 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.
- 1ONLINE CD$50,00018 Month3.80%6.60x (National Avg. - 0.58%)$1,500Online Bank-SCENARIO
Year Rate
3.80%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,900 1,330 2 51,900 1,972 1,381 3 53,872 2,047 1,433 4 55,919 2,125 1,487 5 58,044 2,206 1,544 6 60,250 2,289 1,603 7 62,539 2,376 1,664 8 64,916 2,467 1,727 9 67,383 2,561 1,792 10 69,943 2,658 1,860 11 72,601 2,759 1,931 12 75,360 2,864 2,005 13 78,224 2,972 2,081 14 81,196 3,085 2,160 15 84,282 3,203 2,242 16 87,484 3,324 2,327 17 90,809 3,451 2,416 18 94,259 3,582 2,507 19 97,841 3,718 2,603 20 101,559 3,859 2,701 TOTAL $55,419 $38,793