Compare Savings vs. CDs
Comparison of Deposit Account from ALTURA with 1.42% - April 2024


Long-Term Analysis of ALTURA with 1.42% 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.

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$
PRODUCT
BANK
APY
STATE
AMOUNT
TERM
BANK TYPE
VS.NAT.AV.
MIN
  • 1
    N.A.
    1.42%
    -
    $50,000
    N.A.
    Credit Union
    N.A.
    $50,000
     
    SCENARIO
    Year Rate
    1.42%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 710 497
    2 50,710 720 504
    3 51,430 730 511
    4 52,160 741 518
    5 52,901 751 526
    6 53,652 762 533
    7 54,414 773 541
    8 55,187 784 549
    9 55,970 795 556
    10 56,765 806 564
    11 57,571 818 572
    12 58,389 829 580
    13 59,218 841 589
    14 60,059 853 597
    15 60,912 865 605
    16 61,777 877 614
    17 62,654 890 623
    18 63,544 902 632
    19 64,446 915 641
    20 65,361 928 650
    TOTAL $16,289 $11,402

    All calculations are for demonstration purposes only.

    Featured CD Rates

    ONLINE BANKS APY? MIN?

    6 Month CD Special. Must be linked to a standard consumer or business checking account in which 12.6% of the total combined balance is maintained. Otherwise APY is 5.25%.

    Last change: ↑0.46% on December 15, 2023.
    3 Month CD.

    Last change: ↑0.60% on April 19.
    Warning: Early Withdrawal Penalty is 12 Months interest.

    Last change: ↑0.20% on September 8, 2023.
    6 Month CD.

    Last change: ↓0.05% on March 15.
    3 Month CD.