Savings and compound interest
See how your savings or term deposit grow with compound interest and a fixed monthly deposit. In SRD, USD or EUR.
Free, no account. Everything happens in your own browser, nothing is sent to us.
Year by year
Interest on savings may be taxable, and SRD inflation can be higher than the interest rate. Compare your bank's terms.
Interest, inflation and currency
- Compound interest: interest is added to your balance and then earns interest itself. The longer you save, the bigger the effect.
- Real return: subtract inflation from the interest rate. If prices rise faster than your interest, your savings buy less later.
- SRD, USD or EUR: saving in dollars or euros protects against a falling SRD, but the rate is usually lower.
- Term deposit: a higher rate for a fixed period. Taking the money out early usually costs interest or a penalty.
- Ask your bank for the rate after fees and whether tax is withheld.
A helpful tool, not tax or legal advice. Check important amounts.