Compare Analysis of TotalDirect, a division of City National Bank of Florida with 5.66% 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
    $50,000
    3 Month
    5.66%
    2.78x (National Avg. - 2.04%)
    $25,000
    Online Bank
    -
     
    SCENARIO
    Year Rate
    5.66%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 2,830 1,981
    2 52,830 2,990 2,093
    3 55,820 3,159 2,212
    4 58,980 3,338 2,337
    5 62,318 3,527 2,469
    6 65,845 3,727 2,609
    7 69,572 3,938 2,756
    8 73,510 4,161 2,912
    9 77,670 4,396 3,077
    10 82,066 4,645 3,251
    11 86,711 4,908 3,436
    12 91,619 5,186 3,630
    13 96,805 5,479 3,835
    14 102,284 5,789 4,052
    15 108,073 6,117 4,282
    16 114,190 6,463 4,524
    17 120,653 6,829 4,780
    18 127,482 7,216 5,051
    19 134,698 7,624 5,337
    20 142,322 8,055 5,639
    TOTAL $100,377 $70,264