Compound Interest Calculator
CD 3-year Account from Popular Direct with 4.50% APY and $10,000 minimum deposit
Use or Change These Amounts and Rates
The product CD 3-year Account from Popular Direct with 4.50% APY and $10,000 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 $31,059. The interest earned would be $11,059 and the tax amount on the interest earned would be approximately $3,318.
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 Popular Direct
Savings Boost of
$6,643 over 10 years
$6,643 over 10 years
Cash Savings
$20,000
Average Interest Earned
$1,098
Popular Direct Interest Earned
$7,742
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: 0.76% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 152 | 106 |
| 2 | 20,152 | 153 | 107 |
| 3 | 20,304 | 154 | 108 |
| 4 | 20,458 | 155 | 109 |
| 5 | 20,613 | 156 | 109 |
| 6 | 20,770 | 157 | 110 |
| 7 | 20,927 | 159 | 111 |
| 8 | 21,086 | 160 | 112 |
| 9 | 21,245 | 161 | 113 |
| 10 | 21,407 | 162 | 114 |
| TOTAL: | $1,569 | $1,098 |
Popular Direct Scenario
| Rate: 4.50% |
Annual Interest |
Annual Interest (After Tax) |
|
|---|---|---|---|
| 1 | 20,000 | 900 | 630 |
| 2 | 20,900 | 941 | 658 |
| 3 | 21,841 | 983 | 688 |
| 4 | 22,823 | 1,027 | 719 |
| 5 | 23,850 | 1,073 | 751 |
| 6 | 24,924 | 1,122 | 785 |
| 7 | 26,045 | 1,172 | 820 |
| 8 | 27,217 | 1,225 | 857 |
| 9 | 28,442 | 1,280 | 896 |
| 10 | 29,722 | 1,337 | 936 |
| TOTAL: | $11,059 | $7,742 |
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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 |
|---|---|
| August 6, 2026 | 4.50% |
| March 5, 2026 | 3.85% |
| December 15, 2025 | 3.30% |
| November 3, 2025 | 3.45% |
| September 22, 2025 | 3.70% |
| September 17, 2025 | 3.80% |
| September 3, 2025 | 3.90% |
| August 16, 2025 | 4.10% |
| May 22, 2025 | 4.15% |
| May 10, 2025 | 4.00% |
| February 25, 2025 | 4.10% |
| February 3, 2025 | 4.15% |
| January 18, 2025 | 4.10% |
| January 7, 2025 | 4.15% |
| January 6, 2025 | 4.25% |
| November 19, 2024 | 3.40% |
| October 29, 2024 | 3.50% |
| October 1, 2024 | 3.65% |
| September 18, 2024 | 3.95% |
| August 16, 2024 | 4.15% |
| June 13, 2024 | 4.50% |
| January 19, 2024 | 4.55% |
| January 9, 2024 | 4.65% |
| December 27, 2023 | 4.75% |
| December 19, 2023 | 4.85% |
| October 24, 2023 | 5.00% |
| August 20, 2023 | 4.75% |
Featured CD Rates
Advertiser Disclosure| ONLINE BANKS | APY? | MIN? | ||
|---|---|---|---|---|
|
|
4.35% | $100,000 |
Learn More on the North American Savings Bank, F.S.B. website |
|
|
Take your savings to the next level with our 12-month online CD special! 12-Month |
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|
|
4.50% |
$500 |
Learn More | |
|
Last change: ↑0.45% on April 27. |
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4.50% |
$500 |
Learn More | |
|
Last change: ↑0.43% on April 27. |
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|
|
4.50% |
$10,000 |
Learn More | |
|
Last change: ↑0.65% on August 6. |
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|
|
4.50% |
$10,000 |
Learn More | |
|
Last change: ↑1.20% on August 6. |
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Customer Reviews for Popular Direct (38)
1.8 out of 5 based on 23 ratings
Neil
December 18, 2023 |
I submitted a CD application 18 months 5.50 APY over a week ago and my application was declined no reason was given, I have the funds in another bank for transfer, credit score over 800. I think the reason is because the interest is coming down and they are not willing to offer those rates. At the time of application, the rates were still being offer but it took Popular Direct over a week to review, remember I'm not borrowing money, I'm depositing money, what a joke
Is this review helpful? Yes:24 / No: 1
Tad Wright
November 17, 2023 |
terrible bank - save yourself the aggrevation and even take a few pennies less if necessary
Is this review helpful? Yes:14 / No: 1
Frank M
July 3, 2023 |
1-year rate of 5.35% is good, but the early withdrawal penalties are absurd. Unless you know you won't need the money in less than 1-year (no loss of job, divorce, cancer, etc.), buying a 1-year CD with a 270 day early withdrawal penalty is a bad idea. I will gladly take a little less for a lower fee. Forbright at 5.30% is a much better idea here.
Is this review helpful? Yes:13 / No: 0
jacko
June 25, 2023 |
A complete waste of time
Is this review helpful? Yes:9 / No: 0
Good luck
June 18, 2023 |
impossible to get money back after cd maturity. couldn't even transfer it to their savings acct.
Is this review helpful? Yes:16 / No: 0
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