Is your CD working hard enough?
Keeping money in CDs can be great, because you can put money in and forget about it. But sometimes you can make more money by paying just a bit of attention. Use this calculator to see how long it will take you to come out ahead by switching to a higher-rate CD. There are almost always penalties for withdrawing early - find out if it's worth it.
Results
| By switching from your existing CD to the higher rate, you will be making money by month 21. |
Number of months to make money is based on daily compounding of interest.
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