Find out how much extra money you can earn by moving your bank money into an account that pays more.
This analysis is for demonstrative purposes only and may change should certain assumptions prove incorrect. Savings rates may change and CD rates may not be renewable for the length of the term of the analysis. The difference between the bank rate entered and the average rate may not remain constant throughout the term.
| Rate: 0.19% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 37 | 26 |
| 2 | 20,037 | 37 | 26 |
| 3 | 20,074 | 37 | 26 |
| 4 | 20,112 | 37 | 26 |
| 5 | 20,149 | 37 | 26 |
| 6 | 20,187 | 38 | 26 |
| 7 | 20,224 | 38 | 26 |
| 8 | 20,262 | 38 | 26 |
| 9 | 20,300 | 38 | 26 |
| 10 | 20,337 | 38 | 26 |
| TOTAL: | $375 | $263 |
| Rate: 2.60% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 520 | 364 |
| 2 | 20,520 | 534 | 373 |
| 3 | 21,054 | 547 | 383 |
| 4 | 21,601 | 562 | 393 |
| 5 | 22,163 | 576 | 403 |
| 6 | 22,739 | 591 | 414 |
| 7 | 23,330 | 607 | 425 |
| 8 | 23,937 | 622 | 436 |
| 9 | 24,559 | 639 | 447 |
| 10 | 25,197 | 655 | 459 |
| TOTAL: | $5,853 | $4,097 |
The accounts below offer some of the best rates in the country can be opened online, and are available nationally. As the calculator shows, changing accounts to earn a higher interest rate can really add up over time.