Compound Interest Calculator
CD Account from FIVE STAR with 1.31% 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 FIVE STAR

Savings Boost of
$927 over 10 years
Cash Savings $20,000
Average Interest Earned $1,019

 
FIVE STAR Interest Earned $1,946

 

 

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:
0.71%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 141 99
2 20,141 142 99
3 20,283 143 100
4 20,426 144 101
5 20,570 145 102
6 20,715 146 102
7 20,861 147 103
8 21,008 148 104
9 21,156 149 104
10 21,305 150 105
TOTAL: $1,456 $1,019

FIVE STAR Scenario

Rate:
1.31%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 262 183
2 20,262 265 186
3 20,527 269 188
4 20,796 272 191
5 21,069 276 193
6 21,345 280 196
7 21,624 283 198
8 21,908 287 201
9 22,195 291 204
10 22,485 295 206
TOTAL: $2,780 $1,946

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.