Compound Interest Calculator
CD 4-year Account from Comerica Bank with 0.25% APY and $1 minimum deposit



Use or Change These Amounts and Rates

The product CD 4-year Account from Comerica Bank with 0.25% APY and $1 minimum deposit 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 $20,506. The interest earned would be $506 and the tax amount on the interest earned would be approximately $152.

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 Comerica Bank

Savings Boost of
$-836 over 10 years
Cash Savings $20,000
Average Interest Earned $1,190

 
Comerica Bank Interest Earned $354

 

 

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:
0.82%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 164 115
2 20,164 165 116
3 20,329 166 117
4 20,495 168 118
5 20,663 169 118
6 20,833 171 119
7 21,003 172 120
8 21,175 173 121
9 21,349 175 122
10 21,523 176 123
TOTAL: $1,700 $1,190

Comerica Bank Scenario

Rate:
0.25%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 50 35
2 20,050 50 35
3 20,100 50 35
4 20,150 50 35
5 20,201 51 35
6 20,251 51 35
7 20,302 51 36
8 20,353 51 36
9 20,404 51 36
10 20,455 51 36
TOTAL: $506 $354

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
October 28, 2025 0.25%


Featured CD Rates

ONLINE BANKS APY? MIN?

Last change: ↑1.66% on April 4.

Last change: ↑0.66% on February 4.
No Penalty CD.

Last change: ↓0.16% on September 18.
3 Month CD.

Last change: ↓0.05% on October 7.
Early Withdrawal Penalty is 6 months interest.

Last change: ↓0.10% on October 13.



Customer Reviews for Comerica Bank


  • October 18, 2016

    IF the Cd's our that high then way i'm i the last to find out what The apys are.


Add Your Review


or use your BestCashCow account

or