Compound Interest Calculator
CD Account from Alliant Bank with 0.94% APY

Small differences in savings or CD rates may seem trivial. But, earning more in your savings and CD accounts can lead to much larger account balances balances over time when you examine the difference in compound interest over time. Use our calculator on the right below to see how much larger your accounts can be by moving to higher earning savings and CD rates.

Use or Change these Amounts And Rates

The Results for Alliant Bank

Savings Boost of
$439 over 10 years
Cash Savings $20,000
Average Interest Earned $934

 
Alliant Bank Interest Earned $1,373

 

 

See comparison detail table

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.

Comparison Detail Table Close X

Average Rate Scenario

Rate:
0.65%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 130 91
2 20,130 130 91
3 20,260 131 92
4 20,391 132 92
5 20,523 133 93
6 20,656 134 94
7 20,790 135 94
8 20,925 136 95
9 21,061 136 96
10 21,197 137 96
TOTAL: $1,334 $934

Alliant Bank Scenario

Rate:
0.94%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 188 132
2 20,188 190 133
3 20,378 192 134
4 20,569 193 135
5 20,763 195 137
6 20,958 197 138
7 21,155 199 139
8 21,354 201 141
9 21,554 203 142
10 21,757 205 143
TOTAL: $1,962 $1,373

Take Action

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.