Compound Interest Calculator
CD Account from GENISYS with 3.89% 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 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 GENISYS

Savings Boost of
$5,332 over 10 years
Cash Savings $20,000
Average Interest Earned $1,173

 
GENISYS Interest Earned $6,505

 

 

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:
0.81%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 162 113
2 20,162 163 114
3 20,325 164 115
4 20,489 166 116
5 20,654 167 117
6 20,821 168 118
7 20,989 170 119
8 21,159 171 120
9 21,330 172 121
10 21,502 174 122
TOTAL: $1,676 $1,173

GENISYS Scenario

Rate:
3.89%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 778 545
2 20,778 808 566
3 21,586 840 588
4 22,426 872 611
5 23,298 906 634
6 24,205 942 659
7 25,146 978 685
8 26,124 1,016 711
9 27,141 1,056 739
10 28,196 1,097 768
TOTAL: $9,293 $6,505

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.

 

Featured CD Rates

ONLINE BANKS APY? MIN?

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.

Last change: ↑0.20% on September 8, 2023.

Last change: ↓0.05% on March 15.

Last change: ↑0.09% on March 12.