$titleTerm = "Special " Compare Analysis of Canadian Imperial Bank USA with 4.21% APY.


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.

  • 1
    ONLINE CD
    $50,000
    13 Month
    4.21%
    N.A.
    $1,000
    Online Bank
    -
     
    SCENARIO
    Year Rate
    4.21%
    Annual
    Interest
    Annual 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