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Comparison of Deposit Account from PLATINUM with 0.15% - December 2022

Long-Term Analysis of PLATINUM with 0.15% 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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Amount

Type

Term

State

Product Name

PRODUCT

BANK

APY

STATE

AMOUNT

TERM

BANK TYPE

VS.NAT.AV.

MIN

LOCAL SAVINGS

PLATINUM

0.15%

$50,000

N.A.

Credit Union

1.50x (National Avg. - 0.10%)

$2,500

SCENARIO

Year	Rate 0.15%	Annual Interest	Annual Interest (After Tax)
1	50,000	75	53
2	50,075	75	53
3	50,150	75	53
4	50,225	75	53
5	50,301	75	53
6	50,376	76	53
7	50,452	76	53
8	50,527	76	53
9	50,603	76	53
10	50,679	76	53
11	50,755	76	53
12	50,831	76	53
13	50,907	76	53
14	50,984	76	54
15	51,060	77	54
16	51,137	77	54
17	51,214	77	54
18	51,290	77	54
19	51,367	77	54
20	51,444	77	54
	TOTAL	$1,522	$1,065

All calculations are for demonstration purposes only.

Compare Savings vs. CDs Comparison of Deposit Account from PLATINUM with 0.15% - December 2022

Long-Term Analysis of PLATINUM with 0.15% APY

Compare Savings vs. CDs
Comparison of Deposit Account from PLATINUM with 0.15% - December 2022