Compound Interest Calculator
CD Account from U.S. Bank National Association with 0.40% 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 U.S. Bank National Association

Savings Boost of
$-464 over 10 years
Cash Savings $20,000
Average Interest Earned $1,034

 
U.S. Bank National Association Interest Earned $570

 

 

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:
0.72%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 143 100
2 20,143 144 101
3 20,287 145 102
4 20,432 146 102
5 20,578 147 103
6 20,725 148 104
7 20,873 149 104
8 21,023 150 105
9 21,173 151 106
10 21,324 152 107
TOTAL: $1,477 $1,034

U.S. Bank National Association Scenario

Rate:
0.40%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 80 56
2 20,080 80 56
3 20,160 81 56
4 20,241 81 57
5 20,322 81 57
6 20,403 82 57
7 20,485 82 57
8 20,567 82 58
9 20,649 83 58
10 20,732 83 58
TOTAL: $815 $570

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.