A CD ladder can give you the higher interest of a Certificate of Deposit without tying your money up for many years. Use this Certificate of Deposit interest rate calculator to find out if CD laddering offers benefits for you.
See the Benefits of CD Laddering with a CD Interest Rate Calculator
Are you looking to maximize your savings? If so, consider a CD laddering strategy. With CD laddering, instead of opening one large CD with a long-term maturity date, you would open several smaller CDs that have staggered maturity dates. Often, this strategy allows you to earn a higher interest rate overall and have more frequent access to your funds. Find an example of CD laddering here.
See how it works with this CD laddering calculator. Enter the amount you'd like to save and how often you'd like access to your funds.
Earn more on what you save when you create a CD ladder. Start by opening a CD with Nationwide Bank. We will find a savings solution you can feel comfortable with as you watch your money grow.
Total to invest – Total amount to invest in your CD ladder.
Frequency of maturing CDs – How often do you want a CD to mature? For example, if you select 12 months, one of your CDs in your CD ladder will mature every year.
Interest is compounded – Interest earned on your CDs accumulate interest. Our calculator lets you choose the frequency that your CD interest is added to your account.
For more information, take a closer look at CD rates and other bank deposit rates provided by Nationwide.