Updated: Oct 03, 2024

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.
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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

The Federal Reserve plans to drop interest rates very soon. 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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