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Calculate your savings over time

Our high yield savings calculator is designed with transparency in mind to help you achieve your financial goals. With this interactive tool, you can see how your savings could grow over time based on different deposit amounts. Add more funds today, and estimate the interest you could earn to help maximize your savings.

High Yield Savings Calculator

Estimate how much interest you could earn with a Laurel Road High Yield Savings account compared to the national average APY for other savings accounts.

Initial Deposit Amount
$
Monthly Deposit Amount
$
Save for 10 Years
1 Yr
10 Yr

Interest You Could Earn

Your Total Contributions $0
Potential Future Balance $0
Potential Interest Earned $0
Laurel Road (3.80% APY)
National Average (0.38% APY)

This calculator is for illustrative purposes only. Calculations are estimates of expected interest earned and actual results may vary, based on various factors such as leap years, timing of deposits, rounding, and variation in interest rates. Calculated values assume that principal and interest remain on deposit and are rounded to the nearest dollar.

All APYs are subject to change at any time before or after account opening. Laurel Road Annual Percentage Yield (APY) as of 06/22/25. National average APY reported by reported by the FDIC as of 06/22/25.

Benefits of a Laurel Road High Yield Savings Account

A Laurel Road High Yield Savings Account comes with benefits such as:

  • No monthly fees
  • FDIC insured deposits up to $250,0001
  • No minimum balance to open
  • $0 costs to open

Get more details on Laurel Road High Yield Savings here.

How do I deposit money into my Laurel Road account?

There are several ways to add money to your Laurel Road savings or checking account:

  • Start a transfer from your other bank account to your new Laurel Road account by using your Routing Number and Account Number.
  • Send a domestic wire transfer from another bank. This is the best option for making large transfers. Reach out to your other bank to initiate a wire transfer to your Laurel Road account.
  • Set up direct deposit. Visit our Direct Deposit page to learn more about how to enroll.
  • Make a mobile check deposit. With the Laurel Road Mobile Banking app, you can deposit a check by simply taking a picture.
  • Send us a check by US mail. For deposits into a checking account, mail the check and a deposit slip.

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