Compare Savings vs. CDs
Comparison of Deposit Account from PLUS with 1.50% - May 2024


Long-Term Analysis of PLUS with 1.50% 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.

You May Choose More Savings or CD Products From Among these Popular Products to Compare

 
$
PRODUCT
BANK
APY
STATE
AMOUNT
TERM
BANK TYPE
VS.NAT.AV.
MIN
  • 1
    LOCAL CD
    1.50%
    -
    $50,000
    36 Month
    Credit Union
    1.72x (National Avg. - 0.87%)
    $10,000
     
    SCENARIO
    Year Rate
    1.50%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 748 523
    2 50,748 759 531
    3 51,506 770 539
    4 52,276 782 547
    5 53,058 793 555
    6 53,851 805 564
    7 54,656 817 572
    8 55,473 829 581
    9 56,302 842 589
    10 57,144 854 598
    11 57,998 867 607
    12 58,866 880 616
    13 59,746 893 625
    14 60,639 907 635
    15 61,545 920 644
    16 62,465 934 654
    17 63,399 948 663
    18 64,347 962 673
    19 65,309 976 683
    20 66,285 991 694
    TOTAL $17,276 $12,094

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

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

    Last change: ↑0.09% on March 12.
    6 Month Jumbo CD.