Compound Interest Calculator
CD Account from SPIRIT FINANCIAL with 0.50% 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 SPIRIT FINANCIAL

Savings Boost of
$472 over 10 years
Cash Savings $20,000
Average Interest Earned $244

 
SPIRIT FINANCIAL Interest Earned $716

 

 

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:
0.17%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 35 24
2 20,035 35 24
3 20,069 35 24
4 20,104 35 24
5 20,139 35 24
6 20,174 35 24
7 20,208 35 24
8 20,243 35 25
9 20,278 35 25
10 20,314 35 25
TOTAL: $349 $244

SPIRIT FINANCIAL Scenario

Rate:
0.50%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 100 70
2 20,100 101 70
3 20,201 101 71
4 20,302 102 71
5 20,403 102 71
6 20,505 103 72
7 20,608 103 72
8 20,711 104 72
9 20,814 104 73
10 20,918 105 73
TOTAL: $1,023 $716

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

Advertiser Disclosure
ONLINE BANKS APY? MIN?

13-Month Online CD - Take your savings to the next level with our 13-month online CD special!

12-Month

High-yield savings with long-term rate security. Member FDIC.

12-Month

Start earning 5.75% APY with a high-yield CD that supports a greener economy. Easy signup. FDIC-insured.

9-Month

Take your savings to the next level with our 13-month online CD special!

13-Month

7-Month CD Special - Take your savings to the next level with our 7-month online CD special!

6-Month