Compare Analysis of Canadian Imperial Bank USA with 4.43% 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.

  • 1
    ONLINE CD
    Canadian Imperial Bank USA
    $50,000
    12 Month
    4.43%
    8.03x (National Avg. - 0.55%)
    $1,000
    Online Bank
    -
     
    SCENARIO
    Year Rate
    4.43%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,215 1,551
    2 52,215 2,313 1,619
    3 54,528 2,416 1,691
    4 56,944 2,523 1,766
    5 59,466 2,634 1,844
    6 62,101 2,751 1,926
    7 64,852 2,873 2,011
    8 67,725 3,000 2,100
    9 70,725 3,133 2,193
    10 73,858 3,272 2,290
    11 77,130 3,417 2,392
    12 80,547 3,568 2,498
    13 84,115 3,726 2,608
    14 87,841 3,891 2,724
    15 91,733 4,064 2,845
    16 95,796 4,244 2,971
    17 100,040 4,432 3,102
    18 104,472 4,628 3,240
    19 109,100 4,833 3,383
    20 113,933 5,047 3,533
    TOTAL $68,980 $48,286