Compare Analysis of Mypoint with 0.89% 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.
- 1LOCAL CD$50,00013 Month0.89%N.A.$1,000Credit Union-SCENARIO
Year Rate
0.89%Annual
InterestAnnual Interest
(After Tax)1 50,000 445 312 2 50,445 449 314 3 50,894 453 317 4 51,347 457 320 5 51,804 461 323 6 52,265 465 326 7 52,730 469 329 8 53,199 473 331 9 53,673 478 334 10 54,151 482 337 11 54,633 486 340 12 55,119 491 343 13 55,609 495 346 14 56,104 499 350 15 56,604 504 353 16 57,107 508 356 17 57,616 513 359 18 58,128 517 362 19 58,646 522 365 20 59,168 527 369 TOTAL $9,694 $6,786