Compare Analysis of Jolt with 0.28% 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
    LOCAL MONEY MARKET
    Jolt
    $50,000
    N.A.
    0.28%
    1.18x (National Avg. - 0.23%)
    $2,500
    Credit Union
    -
     
    SCENARIO
    Year Rate
    0.28%    		 Annual
    Interest    		 Annual Interest
    (After Tax)
    1 50,000 138 96
    2 50,138 138 97
    3 50,275 138 97
    4 50,414 139 97
    5 50,552 139 97
    6 50,691 139 98
    7 50,831 140 98
    8 50,970 140 98
    9 51,111 141 98
    10 51,251 141 99
    11 51,392 141 99
    12 51,533 142 99
    13 51,675 142 99
    14 51,817 142 100
    15 51,960 143 100
    16 52,103 143 100
    17 52,246 144 101
    18 52,390 144 101
    19 52,534 144 101
    20 52,678 145 101
    TOTAL $2,823 $1,976