Compare Analysis of Canadian Imperial Bank USA with 3.76% 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 Month3.76%6.52x (National Avg. - 0.58%)$1,000Online Bank-SCENARIO
Year Rate
3.76%Annual
InterestAnnual Interest
(After Tax)1 50,000 1,880 1,316 2 51,880 1,951 1,365 3 53,831 2,024 1,417 4 55,855 2,100 1,470 5 57,955 2,179 1,525 6 60,134 2,261 1,583 7 62,395 2,346 1,642 8 64,741 2,434 1,704 9 67,175 2,526 1,768 10 69,701 2,621 1,835 11 72,322 2,719 1,904 12 75,041 2,822 1,975 13 77,863 2,928 2,049 14 80,790 3,038 2,126 15 83,828 3,152 2,206 16 86,980 3,270 2,289 17 90,250 3,393 2,375 18 93,644 3,521 2,465 19 97,165 3,653 2,557 20 100,818 3,791 2,654 TOTAL $54,609 $38,226