Compound Interest Calculator
CD Account from Clear Sky Accounts with 0.90% APY



Use or Change These Amounts and Rates

The product CD Account from Clear Sky Accounts with 0.90% APY and a tax rate of 30 compounded annually, with an initial amount of $20,000, after 10 years would have grown your savings to approximately $21,875. The interest earned would be $1,875 and the tax amount on the interest earned would be approximately $562.

Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account

The Results for Clear Sky Accounts

Savings Boost of
$371 over 10 years
Cash Savings $20,000
Average Interest Earned $942

 
Clear Sky Accounts Interest Earned $1,312

 

 

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 20,000 131 91
2 20,131 131 92
3 20,262 132 93
4 20,394 133 93
5 20,528 134 94
6 20,662 135 94
7 20,797 136 95
8 20,932 137 96
9 21,069 138 96
10 21,207 138 97
TOTAL: $1,345 $942

Clear Sky Accounts Scenario

Rate:
0.90%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 180 126
2 20,180 182 127
3 20,362 183 128
4 20,545 185 129
5 20,730 187 131
6 20,916 188 132
7 21,105 190 133
8 21,295 192 134
9 21,486 193 135
10 21,680 195 137
TOTAL: $1,875 $1,312

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.


Recent Rate Changes



Date APY
August 19, 2023 0.90%


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.



Customer Reviews for Clear Sky Accounts


  • May 26, 2017

    Online Savings Rates

    Before009

  • May 23, 2016

    Online Savings Rates

    Always a great customer service experience, but the use of a key fob to produce an ID in order to login became a real pain so I had to close the account.


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