금융 compoundSavings Account Interest Calculator

Savings Account Interest Calculator

Calculate how much interest you will earn on your savings account. Compare high-yield savings accounts with compound interest growth.

예시 계산

기본값: principal: 1,000 | rate: 4 | years: 5

최종 금액

$1,221

총 투자액

$1,000

이자 수익

+$221

수익률+22.1%

직접 숫자를 입력해보세요

High-yield savings accounts offer a safe way to grow your money while keeping it accessible. This calculator helps you compare different savings account rates and see how your balance will grow over time.

팁

1Compare rates from online banks — they typically offer higher APY than traditional banks.
2Check if the quoted rate is APR or APY — APY accounts for compounding and is the true return.
3Keep your emergency fund in a high-yield savings account for easy access and growth.
4Watch for introductory rates that may drop after a few months.
5Consider money market accounts as an alternative with potentially higher rates.

자주 묻는 질문

What is a good savings account interest rate?

As of recent data, competitive high-yield savings accounts offer 4-5% APY. Rates vary with the Federal Reserve's rate decisions. Traditional bank savings accounts may offer only 0.01-0.5%.

Is savings account interest taxable?

Yes, interest earned on savings accounts is considered taxable income. Your bank will send you a 1099-INT form if you earn more than $10 in interest during the year.

How often does savings account interest compound?

Most savings accounts compound interest daily or monthly. Daily compounding yields slightly more than monthly compounding at the same stated rate.