Savings Account Interest Calculator

How much interest will my savings earn?

Compare savings accounts and see how much interest your deposits earn over time.

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How this calculator works

APY is converted to a monthly rate; each month interest is added and your deposit is made.

Frequently asked questions

Is a higher APY always better?

Usually — but check that the account is government-insured, has no fees, and the rate isn’t a short promotion.

Learn more

Results are estimates based on the numbers you enter and simplified assumptions. They are not financial advice. See our disclaimer.

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