How interest is calculated can greatly affect your savings. The more often interest is compounded, or added to your account, the more you earn. This calculator demonstrates how compounding can affect your savings, and how interest on your interest really adds up!
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
UW Credit Union is a federally insured financial institution and a leading provider of a full range of consumer financial services. UW Credit Union serves the needs of more than 290,000 members, from lending and savings to checking and investments, through world-class technology systems, and a network of 29 branch locations. UW Credit Union operates as a not-for-profit, member-owned financial cooperative serving University of Wisconsin communities in the Madison, Milwaukee, Stevens Point, Green Bay, Oshkosh, Whitewater, and La Crosse areas.
Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
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