Compound Interest Calculator
Money Market Account from GREENSTATE with 1.85% 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 GREENSTATE

Savings Boost of
$2,517 over 10 years
Cash Savings $20,000
Average Interest Earned $300

 
GREENSTATE Interest Earned $2,817

 

 

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:
0.21%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 42 30
2 20,042 42 30
3 20,085 43 30
4 20,127 43 30
5 20,170 43 30
6 20,213 43 30
7 20,256 43 30
8 20,299 43 30
9 20,342 43 30
10 20,385 43 30
TOTAL: $428 $300

GREENSTATE Scenario

Rate:
1.85%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 370 259
2 20,370 377 264
3 20,747 384 269
4 21,131 391 274
5 21,522 398 279
6 21,920 406 284
7 22,325 413 289
8 22,738 421 294
9 23,159 428 300
10 23,587 436 305
TOTAL: $4,024 $2,817

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.