Compound Interest Calculator
Money Market Account from U.S. Bank National Association with 3.85% 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
$6,192 over 10 years
Cash Savings $20,000
Average Interest Earned $234

 
U.S. Bank National Association Interest Earned $6,426

 

 

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 33 23
2 20,033 33 23
3 20,066 33 23
4 20,100 33 23
5 20,133 33 23
6 20,167 33 23
7 20,200 34 23
8 20,234 34 24
9 20,267 34 24
10 20,301 34 24
TOTAL: $334 $234

U.S. Bank National Association Scenario

Rate:
3.85%
Annual
Interest
Annual Interest
(After Tax)
1 20,000 770 539
2 20,770 800 560
3 21,570 830 581
4 22,400 862 604
5 23,262 896 627
6 24,158 930 651
7 25,088 966 676
8 26,054 1,003 702
9 27,057 1,042 729
10 28,099 1,082 757
TOTAL: $9,181 $6,426

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?

Start earning 5.65% APY with a high-yield CD that supports a greener economy. Easy signup. FDIC-insured.

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

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

Guaranteed returns. No account fees. Member FDIC.

Guaranteed returns. No account fees. Member FDIC.