Compound Interest Calculator
CD Account from Metro City Bank with 0.33% 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 Metro City Bank

Savings Boost of
$-541 over 10 years
Cash Savings $20,000
Average Interest Earned $1,010

 
Metro City Bank Interest Earned $469

 

 

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:
0.70%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 140 98
2 20,140 141 99
3 20,281 142 99
4 20,422 143 100
5 20,565 144 101
6 20,709 145 101
7 20,854 146 102
8 20,999 147 103
9 21,146 148 103
10 21,294 149 104
TOTAL: $1,443 $1,010

Metro City Bank Scenario

Rate:
0.33%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 66 46
2 20,066 66 46
3 20,132 66 47
4 20,199 67 47
5 20,265 67 47
6 20,332 67 47
7 20,399 67 47
8 20,467 68 47
9 20,534 68 47
10 20,602 68 48
TOTAL: $670 $469

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.