Compare Analysis of Canadian Imperial Bank USA with 4.21% 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$50,00013 Month4.21%N.A.$1,000Online Bank-SCENARIO
Year Rate
4.21%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,105 1,474 2 52,105 2,194 1,536 3 54,299 2,286 1,600 4 56,585 2,382 1,668 5 58,967 2,483 1,738 6 61,449 2,587 1,811 7 64,036 2,696 1,887 8 66,732 2,809 1,967 9 69,542 2,928 2,049 10 72,469 3,051 2,136 11 75,520 3,179 2,226 12 78,700 3,313 2,319 13 82,013 3,453 2,417 14 85,466 3,598 2,519 15 89,064 3,750 2,625 16 92,813 3,907 2,735 17 96,721 4,072 2,850 18 100,793 4,243 2,970 19 105,036 4,422 3,095 20 109,458 4,608 3,226 TOTAL $64,066 $44,847