Compound Interest Calculator
Money Market Account from Hawaii National Bank with 0.05% APY and $25,000 minimum deposit



Use or Change These Amounts and Rates

The product Money Market Account from Hawaii National Bank with 0.05% APY and $25,000 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 $20,100. The interest earned would be $100 and the tax amount on the interest earned would be approximately $30.

Please note that this product is available in Hawaii and this analysis assumes a constant interest rate and doesn't take into account any fees associated with the savings account.

The Results for Hawaii National Bank

Savings Boost of
$-245 over 10 years
Cash Savings $20,000
Average Interest Earned $315

 
Hawaii National Bank Interest Earned $70

 

 

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:
0.22%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 45 31
2 20,045 45 31
3 20,089 45 31
4 20,134 45 31
5 20,179 45 31
6 20,224 45 32
7 20,269 45 32
8 20,314 45 32
9 20,360 45 32
10 20,405 46 32
TOTAL: $451 $315

Hawaii National Bank Scenario

Rate:
0.05%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 10 7
2 20,010 10 7
3 20,020 10 7
4 20,030 10 7
5 20,040 10 7
6 20,050 10 7
7 20,060 10 7
8 20,070 10 7
9 20,080 10 7
10 20,090 10 7
TOTAL: $100 $70

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?

Last change: ↑0.05% on August 24.
Warning: Early withdrawal penalty equals six months of interest.

Last change: ↑0.85% on August 31.

Last change: ↓0.45% on May 13.
6 Month CD.

Last change: ↑4.00% on November 24, 2023.



Customer Reviews for Hawaii National Bank


  • December 11, 2022

    King branch We were blown away by service at this regional bank .Judy and liberty were great and boss lady Kelly watched over us . Okay his was very large transaction with bank we never dealt with . We so impressed buying cd to say thank you .. unusual service from outbank

  • May 18, 2018

    Kapiolani branch : was helped by a sullen & rude teller on a Friday. The supervisor wasn’t much help either. And look at their rates ! Time for me to go elsewhere. Lols ....


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