Checking Calculator

Benefits Checking Calculator

Use this calculator to help determine how much interest you could earn each month with our free, high interest Benefits Checking account. By meeting a few simple requirements, you could be earning a high rate of interest on your average daily balance.

Average Daily Balance

This is the sum of each of the daily balances in a month divided by the number of days in the month. To keep this simple, on average how much is kept in your account on a daily basis.

Monthly Earnings

This is the estimated amount of interest you would earn on a monthly basis based on the average daily balance inputed above. It’s important to remember that these scenarios are hypothetical and that future interest rates can’t be predicted with certainty.

Annual Earnings

This is the estimated amount of interest you would earn on an annual basis based on the average daily balance inputed above. It’s important to remember that these scenarios are hypothetical and that future interest rates can’t be predicted with certainty.

Rate

The published interest rate for this checking account. Make sure to enter the actual interest rate, not the annual percentage yield (APY). It is important to remember that these scenarios are hypothetical and that future interest rates can’t be predicted with certainty.

APY

APY stands for annual percentage yield. This is the effective annual interest rate earned for this checking account.

Please Note: Information and interactive calculators are available to you only as self-help tools for your independent use and are not intended to provide investment or tax 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.

Information and interactive calculators are available to you only as self-help tools for your independent use and are not intended to provide investment or tax 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.