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|MetLife Bank, NA issues all the CDs (Certificates of Deposit), IRAs, Money Market and High Yielding Savings Accounts with competitive rates. The MetLife Bank, NA is a subsidiary of MetLife, Inc., which extends in scope with the launch of retail banking business. The CDs and other savings account products from this company are FDIC insured accounts and have the flexibility to access money when the clients need it. Customers can choose from a wide array of CD products and terms to meet their specific savings needs and goals. Most of the CDs or deposit accounts from this company have specific terms, ranging from 3 to 60 months i.e. up to 5 years.
MetLife Bank also offers a commonly known Certificate of Deposit like other financial institutes, for example High Yield or Jumbo CD. This kind of CD helps the customers to attain their financial goals by offering an easy way to earn higher interest rate. The following are some of the MetLife Bank CDs characteristic features.
- Competitive interest rates
- Favorable terms from 3 to 60 months
- Can starts with a minimum deposits as low as $2,000
- High chance of earning a higher interest rate with Jumbo CD for the deposits with $100,000 and above
|The customer service center form MetLife Bank, NA is there to help the customers regarding the CD products and other related enquiries. The MetLife Bank customer service center can be reached through mail, by phone, in person and Email. The FAQs link available on the home page of their official website can also obtain answers for some of the frequently asked questions about the CDs. The general customer service phone number for MetLife Bank is 1-866-BankMet (1-866-226-5638).
MetLife CD Rates
MetLife is truly a community base financial institution. The varieties of financial products from MetLife and its subsidiaries or associates are well adjusted according to the needs of the customers. To cite an example, they offer competitive rates for savings, money market and CDs to the customers. At the meantime they offer with low interest rates and try to keep stable for the customers for a variety of home loans and mortgage products. The MetLife current CD rates along with some of the IRA CD for specific amounts with the terms are given below in the table.
All the rates given above in the table are based on APY (Annual Percentage Yield). The online CD calculator from MetLife can help the customers to determine the CD rates. They also have a facility to lock the rate even if the interest rates go down during the chosen term.
Term & Product
|Rates for various amounts deposited|| || || || |
|CD ||$2000-$14,999 ||$15,000-24,999 $25,000-$49,999 $50,000-$99,999 $100000 and above|
|3 Months ||0.25% ||0.65% ||0.70% ||0.75% ||0.75%|
|6 Months ||0.40% ||0.75% ||0.85% ||0.90% ||0.90%|
|9 Months ||0.65% ||0.95% ||1.00% ||1.10% ||1.10%|
|1 year ||1.00% ||1.15% ||1.25% ||1.25% ||1.25%|
|18 Months ||1.15% ||1.40% ||1.65% ||1.65% ||1.65%|
|2 Years ||1.05% ||1.40% ||1.55% ||1.55% ||1.55%|
|36 Months ||1.50% ||1.75% ||1.90% ||1.90% ||1.90%|
|4 Years ||1.50% ||1.75% ||1.90% ||1.90% ||1.90%|
|60 Months ||1.50% ||1.75% ||1.90% ||1.90% ||1.90%|
|IRA CD ||$2,000 - $14,999 ||$15,000 - $24,999 ||$25,000 - $49,999 ||$50,000 and above || |
|3 Months ||0.25% ||0.65% ||0.70% ||0.75% || |
|6 Months ||0.40% ||0.75% ||0.85% ||0.90% || |
|1 Year ||1.00% ||1.15% ||1.25% ||1.25% || |
|2 Years ||1.05% ||1.40% ||1.55% ||1.55% || |
|5 Years ||1.50% ||1.75% ||1.90% ||1.90% || |
MetLife CD Promotion
The MetLife Bank is offering a 24-month CD promotion at 3.75% APY for a minimum deposit of $25,000. They also offer a 12-Month CD at 4.15% APY with a minimum deposit as low as $15,000. Most of the MetLife Bank CDs, IRAs, Savings, and Money Market accounts have the facility for free online banking account access.
For further information about MetLife Bank CD rates, promotion and ratings, customers can stop at a nearby local branch office or log in to their authentic website.