Compare Savings vs. CDs
Comparison of Deposit Account from Virtualbank, a division of First Horizon Bank with 3.41% - October 2026


Long-Term Analysis of Virtualbank, a division of First Horizon Bank with 3.41% 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
    ONLINE CD
    3.41%
    -
    $50,000
    24 Month
    Online Bank
    5.13x (National Avg. - 0.67%)
    $10,000
     
    SCENARIO
    Year Rate
    3.41%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,705 1,194
    2 51,705 1,763 1,234
    3 53,468 1,823 1,276
    4 55,291 1,885 1,320
    5 57,177 1,950 1,365
    6 59,127 2,016 1,411
    7 61,143 2,085 1,459
    8 63,228 2,156 1,509
    9 65,384 2,230 1,561
    10 67,613 2,306 1,614
    11 69,919 2,384 1,669
    12 72,303 2,466 1,726
    13 74,769 2,550 1,785
    14 77,318 2,637 1,846
    15 79,955 2,726 1,909
    16 82,681 2,819 1,974
    17 85,501 2,916 2,041
    18 88,416 3,015 2,111
    19 91,431 3,118 2,182
    20 94,549 3,224 2,257
    TOTAL $47,773 $33,441

    All calculations are for demonstration purposes only.

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    Advertiser Disclosure
    ONLINE BANKS APY? MIN?

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    12-Month

    Last change: ↑0.05% on October 8.
    Early Withdrawal Penalty is 730 days interest.

    Last change: ↑0.10% on October 8.
    Early Withdrawal Penalty is 365 days interest.

    Last change: ↑0.05% on October 8.
    Early Withdrawal Penalty is 365 days interest.

    Last change: ↑0.40% on October 11.
    Early Withdrawal Penalty is 180 days interest.