Compound Interest Calculator
Savings Account from ALLIANT with 1.20% 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.

Featured Savings

BANK APY? Vs. Nat'l Av. MIN?
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Use or Change these Amounts And Rates

The Results for ALLIANT

Savings Boost of
$1,584 over 10 years
Cash Savings $20,000
Average Interest Earned $190

 
ALLIANT Interest Earned $1,774

 

 

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:
0.14%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 27 19
2 20,027 27 19
3 20,054 27 19
4 20,081 27 19
5 20,108 27 19
6 20,135 27 19
7 20,163 27 19
8 20,190 27 19
9 20,217 27 19
10 20,244 27 19
TOTAL: $272 $190

ALLIANT Scenario

Rate:
1.20%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 240 168
2 20,240 243 170
3 20,483 246 172
4 20,729 249 174
5 20,977 252 176
6 21,229 255 178
7 21,484 258 180
8 21,742 261 183
9 22,003 264 185
10 22,267 267 187
TOTAL: $2,534 $1,774

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.