Advertiser and Editorial Disclosures

Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). These offers do not represent all account options available. *APY (Annual Percentage Yield).
Rates / Annual Percentage Yield terms are current as of the date indicated. Rates are subject to change without notice and may not be the same at all branches. These quotes are from banks, credit unions, and thrifts, some of which have paid for a link to their website. Bank, thrift, and credit unions are member FDIC or NCUA. Contact the financial institution for the terms and conditions that may apply to you.

Editorial Disclosure: This content is not provided or commissioned by the bank advertiser. Opinions expressed here are the author’s alone, not those of the bank advertiser, and have not been reviewed, approved, or otherwise endorsed by the bank advertiser. This site may be compensated through the bank advertiser Affiliate Program.

Updated: Jan 30, 2025

CD Earnings Calculator

Use our CD earnings calculator to calculate how much interest return you'll get on your money before signing up for an account.
Contents

Understanding how much money you will earn from investing in a CD is the first step before signing up. Use MyBankTracker's CD Earnings Calculator to calculate your earnings based on how much you deposit.

CD Calculator Help

See the definitions below and get familiar with the terminology.

Compound Interval

Choose the frequency in which interest income is added to your CD.

Investment Term

This is the calculation period your CD is held for, which means every interest period, your funds will earn a percentage of interest. The longer time frame you choose, the more money you can earn.

Interest Rate

The published rate of interest that is paid to you based on your investment. Generally, longer term CDs yield higher rates than shorter term CDs.

Lock In The Highest CD Rates Before Interest Rates Crash Again

The Federal Reserve plans to continue dropping interest rates. To ensure that you continue to generate reliable returns for years to come, consider a CD now to lock in the highest available rates:

CDs
Savings
Checking
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