Compare Analysis of Charles Schwab Bank, SSB with 4.53% 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
    Charles Schwab Bank, SSB
    $50,000
    3 Month
    4.53%
    2.04x (National Avg. - 2.22%)
    $1,000
    Bank
    -
     
    SCENARIO
    Year Rate
    4.53%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,265 1,586
    2 52,265 2,368 1,657
    3 54,633 2,475 1,732
    4 57,107 2,587 1,811
    5 59,694 2,704 1,893
    6 62,399 2,827 1,979
    7 65,225 2,955 2,068
    8 68,180 3,089 2,162
    9 71,268 3,228 2,260
    10 74,497 3,375 2,362
    11 77,872 3,528 2,469
    12 81,399 3,687 2,581
    13 85,087 3,854 2,698
    14 88,941 4,029 2,820
    15 92,970 4,212 2,948
    16 97,182 4,402 3,082
    17 101,584 4,602 3,221
    18 106,186 4,810 3,367
    19 110,996 5,028 3,520
    20 116,024 5,256 3,679
    TOTAL $71,280 $49,896