Compare Savings vs. CDs
Comparison of Deposit Account from Frost Bank with 4.28% - May 2024


Long-Term Analysis of Frost Bank with 4.28% 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
    4.28%
    -
    $50,000
    6 Month
    Bank
    10.73x (National Avg. - 0.40%)
    $1,000
     
    SCENARIO
    Year Rate
    4.28%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,140 1,498
    2 52,140 2,232 1,562
    3 54,372 2,327 1,629
    4 56,699 2,427 1,699
    5 59,125 2,531 1,771
    6 61,656 2,639 1,847
    7 64,295 2,752 1,926
    8 67,047 2,870 2,009
    9 69,916 2,992 2,095
    10 72,909 3,120 2,184
    11 76,029 3,254 2,278
    12 79,283 3,393 2,375
    13 82,677 3,539 2,477
    14 86,215 3,690 2,583
    15 89,905 3,848 2,694
    16 93,753 4,013 2,809
    17 97,766 4,184 2,929
    18 101,950 4,363 3,054
    19 106,313 4,550 3,185
    20 110,864 4,745 3,321
    TOTAL $65,609 $45,926

    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.