The product CD 18-month Account from First Hawaiian Bank with 0.12% APY and $500 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 $20,241. The interest earned would be $241 and the tax amount on the interest earned would be approximately $72.
Please note that this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.
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: 0.22% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 44 | 31 |
| 2 | 20,044 | 44 | 31 |
| 3 | 20,088 | 44 | 31 |
| 4 | 20,133 | 44 | 31 |
| 5 | 20,177 | 45 | 31 |
| 6 | 20,222 | 45 | 31 |
| 7 | 20,267 | 45 | 31 |
| 8 | 20,311 | 45 | 31 |
| 9 | 20,356 | 45 | 31 |
| 10 | 20,401 | 45 | 32 |
| TOTAL: | $446 | $312 |
| Rate: 0.12% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 24 | 17 |
| 2 | 20,024 | 24 | 17 |
| 3 | 20,048 | 24 | 17 |
| 4 | 20,072 | 24 | 17 |
| 5 | 20,096 | 24 | 17 |
| 6 | 20,120 | 24 | 17 |
| 7 | 20,144 | 24 | 17 |
| 8 | 20,169 | 24 | 17 |
| 9 | 20,193 | 24 | 17 |
| 10 | 20,217 | 24 | 17 |
| TOTAL: | $241 | $169 |
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.
| Date | APY |
|---|---|
| January 5, 2024 | 0.12% |
| January 5, 2024 | 1.00% |
| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
6.00% |
$5,000 |
Learn More | |
|
5 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%. |
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|
|
5.51% |
$25,000 |
Learn More | |
|
Last change: ↓0.15% on May 13. |
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|
|
5.46% |
$1,000 |
Learn More | |
|
Last change: ↓0.05% on May 9. |
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|
|
5.45% |
$50,000 |
Learn More | |
|
Last change: ↓0.04% on July 5. |
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|
|
5.40% |
$500 |
Learn More | |
|
Last change: ↑0.90% on May 7. |
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Customer Reviews for First Hawaiian Bank
me joe
April 25, 2022
broke the machine, braddah
Is this review helpful? Yes:0 / No: 0
kabuauauatao@gmail.com
September 27, 2019
Hi Team,
I am got a problem with one of your ATM machine located in one of the Hotel adjacent to APCSS training college. I withdraw a cash of $180.00 from the machine and somehow the money got stuck and gone back to the machine again. I just want to know how can i get my money back.
Thanks.
Is this review helpful? Yes:0 / No: 0
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