Compare Analysis of Canadian Imperial Bank USA with 5.11% APY

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

$
PRODUCT
BANK
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
BANK TYPE
STATE

All calculations are for demonstration purposes only.

  • 1
    ONLINE CD
    Canadian Imperial Bank USA
    $50,000
    9 Month
    5.11%
    N.A.
    $25,000
    Online Bank
    -
     
    SCENARIO
    Year Rate
    5.11%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 2,555 1,789
    2 52,555 2,686 1,880
    3 55,241 2,823 1,976
    4 58,063 2,967 2,077
    5 61,030 3,119 2,183
    6 64,149 3,278 2,295
    7 67,427 3,446 2,412
    8 70,873 3,622 2,535
    9 74,494 3,807 2,665
    10 78,301 4,001 2,801
    11 82,302 4,206 2,944
    12 86,508 4,421 3,094
    13 90,928 4,646 3,253
    14 95,575 4,884 3,419
    15 100,458 5,133 3,593
    16 105,592 5,396 3,777
    17 110,988 5,671 3,970
    18 116,659 5,961 4,173
    19 122,620 6,266 4,386
    20 128,886 6,586 4,610
    TOTAL $85,472 $59,831