ummm… most savings account compound daily, not annually.
So, $217.07
and, 4.75% > 4.25% :fyi:
Pricing
No minimum balance, no monthly service fee
$1 per withdrawal in excess of 4 per monthOther Features and Services
Free M&T Web Banking
Free account access at over 1,600 M&T Bank ATMs2
Four free withdrawals, including telephone transfers, per month
Plus - Direct Deposit, Electronic Statements, Easy Save
This product is not available for non-personal accountsInterest Rates
Interest is compounded daily and paid monthly.
M&T Bank online savings is not an intro rate… from personal experience