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Metlife Bank CD Rates: Best 1 Year CD Rate at 1.29%, Account Balances of $25,000+
 

Metlife Bank CD Rates: Best 1 Year CD Rate at 1.29%, Account Balances of $25,000+

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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




















































































Term $2,000- $14,999 $15,000- $24,999 $25,000- $49,999 $50,000- $99,999 $100,000+
3 Months 0.25% 0.35% 0.45% 0.50% 0.50%
6 Months 0.35% 0.55% 0.65% 0.70% 0.70%
9 Months 0.40% 0.65% 0.70% 0.80% 0.80%
12 Months 0.90% 1.10% 1.30% 1.30% 1.30%
18 Months 1.15% 1.25% 1.35% 1.35% 1.35%
24 Months 1.05% 1.40% 1.55% 1.55% 1.55%
36 Months 1.50% 1.75% 1.90% 1.90% 1.90%
48 Months 1.50% 1.75% 1.90% 1.90% 1.90%
60 Months 1.50% 1.75% 1.90% 1.90% 1.90%

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.


Author: James Martin
June 27th, 2011