MetLife Bank Offering 12-Month CD at 4.15% APY

Rate information contained on this page may have changed. Please find latest cd rates.

MetLife Bank is offering a 12-Month Certificate of Deposit (CD) at 4.15% APY.

MetLife Bank is offering a 12-Month Certificate of Deposit (CD) at 4.15% APY. The rate is competitive when compared to the best 1 year (12 month) cd rates on the BestCashCow rate table. The minimum deposit to receive this rate is $15,000.

You can apply online or via phone. If you use the online application you open the account online and fund the account via an ACH transaction. They will send you a signature card to mail back but the account can be opened before this is done. I was also told that they do a soft pull on your credit to make sure there is no fraud. Presumably this will not impact your credit score.

MetLife Bank is a subsidiary of MetLife, Inc, a company best known for their insurance products (annuities, car insurance, homeowners insurance, etc.). The bank has more than 100,000 customers and is one of the top 150 commercial banks in the United States, with more than $4.5 billion in customer deposits (as of 10/1/07).

Bauer Financial gives MetLife bank a rating of 3 1/2 stars out of 5 (good) for safety and soundness.

Compare the best online 1-year CD rates here.

Today's Highest Online CD Rates

Bank Product Term Interest Rate (APY)
First Foundation Bank 1-Year 4.60% APY with $2,500 minimum
Canadian Imperial Bank USA 1-Year 4.56% APY with $25,000 minimum
TotalDirect, a division of City National Bank of Florida 1-Year 4.50% APY with $25,000 minimum
Navy Federal Credit Union 3-Year 4.05% APY with $100,000 minimum
Sallie Mae Bank 3-Year 4.00% APY with $2,500 minimum
Colorado Federal Savings Bank 3-Year 3.95% APY with $5,000 minimum
Synchrony Bank 5-Year 4.00% APY with no minimum
M.Y. Safra Bank 5-Year 3.90% APY with $500 minimum
Sallie Mae Bank 5-Year 3.85% APY with $2,500 minimum

See More Online CD Rates →

Comments

  • James M. Frado, Sr.

    December 02, 2011

    Confusion- The MetLife ad states an offering of 4.15%
    APY on a 12 month CD. Yet your chart shows only at 1% ? Which is correct. I would be interested in the
    4.15% & presently have a CD with Met.
    Jim Frado
    Fra1sr@aol.com

  • Sol

    December 03, 2011

    This is an old article from 2008. I wish the rate on a 12-month CD was still over 4%. Current rate is 1% APY.

  • Darryl

    March 06, 2012

    How much yield will the cd give a person with 15,000 deposit?

  • «
  • Page 1 of 1
  • »
Add your Comment

or use your BestCashCow account

or