Compare Savings vs. CDs
Comparison of Deposit Account from Asian Bank with 1.68% - May 2024


Long-Term Analysis of Asian Bank with 1.68% 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
    LOCAL CD
    1.68%
    -
    $50,000
    15 Month
    Bank
    N.A.
    $10,000
     
    SCENARIO
    Year Rate
    1.68%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 840 588
    2 50,840 854 598
    3 51,694 868 608
    4 52,563 883 618
    5 53,446 898 629
    6 54,344 913 639
    7 55,256 928 650
    8 56,185 944 661
    9 57,129 960 672
    10 58,088 976 683
    11 59,064 992 695
    12 60,057 1,009 706
    13 61,066 1,026 718
    14 62,091 1,043 730
    15 63,135 1,061 742
    16 64,195 1,078 755
    17 65,274 1,097 768
    18 66,370 1,115 781
    19 67,485 1,134 794
    20 68,619 1,153 807
    TOTAL $19,772 $13,840

    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.