Metlife Bank CD Rates: Best 1 Year CD Rate at 1.29%, Account Balances of $25,000+
Metlife Bank, the banking arm of the insurance company Metlife, is offering one of the best CD rates available for a 12 month certificate of deposit. CD interest ratesare tiered on Metlife's CDs. 12 month bank CD rates are as follows. 1 yearCD rate 1.29%, CD yield1.30% for account balances of $25,000 or more. 1 year CDs with account balances of $2,000 to $9,999 earn a CD rate and CD yield of 0.90%. 1 year CDs with account balances of $10,000 to $14,999 earn a rate 1.09% with a CD yield of 1.10%.
Metlife Bank's other CD rates are competitive but you can find higher CD rates at banks for comparable CD terms. To give you an idea, Metlife's 3 month CD rate is only 0.25% for account balances of $2,000 to $9,999. Ally Bank's CD rates on 3 month certificates of deposit are almost double at 0.49%. In addition the minimum opening CD account balance is $0 at Ally.
If you have a larger deposit amount to open a CD at Metlife the bank is offering a 3 rate and yield of 0.35% for account balances of $10,000 to $24,999.
CD Yields from MetLife Bank
These CD yields are as of 5/11/11, for a list of more current CD rates at Metlife Bank and to open a CD account go to CD Account Application.
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