CD Calculator
Calculate your Certificate of Deposit returns and APY
CD Information
$
%
Maturity Value
$0
Principal
$0
Interest Earned
$0
APY (Annual Percentage Yield)
0%
CD Term
-
Maturity Date
-
Understanding Certificates of Deposit
A Certificate of Deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time. In exchange for leaving your money untouched, the bank pays you interest at a guaranteed rate.
APY vs APR: APY (Annual Percentage Yield) accounts for compound interest, while APR does not. APY gives you a more accurate picture of your actual returns.