Compare Analysis of Jolt with 0.33% 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
    LOCAL MONEY MARKET
    $50,000
    N.A.
    0.33%
    1.44x (National Avg. - 0.23%)
    $25,000
    Credit Union
    -
     
    SCENARIO
    Year Rate
    0.33%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 163 114
    2 50,163 163 114
    3 50,326 164 114
    4 50,489 164 115
    5 50,653 165 115
    6 50,818 165 116
    7 50,983 166 116
    8 51,149 166 116
    9 51,315 167 117
    10 51,482 167 117
    11 51,649 168 118
    12 51,817 168 118
    13 51,985 169 118
    14 52,154 170 119
    15 52,324 170 119
    16 52,494 171 119
    17 52,664 171 120
    18 52,836 172 120
    19 53,007 172 121
    20 53,179 173 121
    TOTAL $3,352 $2,347