Compound Interest Calculator
Money Market Account from KeyBank National Association with 0.25% APY and $5,000 minimum deposit



Use or Change These Amounts and Rates

The product Money Market Account from KeyBank National Association with 0.25% APY and $5,000 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 $20,506. The interest earned would be $506 and the tax amount on the interest earned would be approximately $152.

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

The Results for KeyBank National Association

Savings Boost of
$47 over 10 years
Cash Savings $20,000
Average Interest Earned $307

 
KeyBank National Association Interest Earned $354

 

 

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 43 30
2 20,043 43 30
3 20,087 44 31
4 20,130 44 31
5 20,174 44 31
6 20,218 44 31
7 20,262 44 31
8 20,306 44 31
9 20,350 44 31
10 20,394 44 31
TOTAL: $438 $307

KeyBank National Association Scenario

Rate:
0.25%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 50 35
2 20,050 50 35
3 20,100 50 35
4 20,150 50 35
5 20,201 51 35
6 20,251 51 35
7 20,302 51 36
8 20,353 51 36
9 20,404 51 36
10 20,455 51 36
TOTAL: $506 $354

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.


Recent Rate Changes



Date APY
February 21, 2024 0.25%


Featured CD Rates

ONLINE BANKS APY? MIN?

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%.

Last change: ↓0.15% on May 13.
3 Month CD.

Last change: ↑0.09% on March 12.
6 Month Jumbo CD.

Last change: ↓0.05% on May 9.

Last change: ↓0.36% on March 12.
Early Withdrawal Penalty is 3 months interest.



Customer Reviews for KeyBank National Association


  • March 28, 2023 |

    On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous.

  • December 25, 2017

    Try to transfer your money if you havent used your account in a while. You cant because its frozen.


Add Your Review


or use your BestCashCow account

or