bank rates

Metlife Bank Certificate of Deposit (CD) Rates

If you have had a good savings record then you might be on a look out for the best investment opportunity. Many a times we have spare funds which are just kept unused. Now there is a good opportunity to invest your savings in a Certificate of Deposit Account. Metlife Bank has become one of the top commercial banks in the United States. It is offering great rates on the savings products.

You can open a traditional Certificate of Deposit (CD) Account with $2,000 and start earning the following interest rates:

Deposited for 3 months; a balance between $2,000-$14,999.99 earns 0.35% APY, & a balance of $100,000+ earns 2.45% APY.
Deposited for 6 months; a balance between $2,000 – $14,999.99 earns 1.35% APY, & a balance of $100,000+ earns 2.95% APY.
Deposited for 9 months; a balance between $2,000 – $14,999.99 earns 1.75% APY, & a balance of $100,000+ earns 3.00% APY.
Deposited for 12 months; a balance between $2,000 – $14,999.99 earns 2.40% APY, & a balance of $100,000+ earns 3.50% APY.
Deposited for 18 months; a balance between $2,000 – $14,999.99 earns 2.55% APY, & a balance of $100,000+ earns 3.75% APY.
Deposited for 24 months; a balance between $2,000 – $14,999.99 earns 2.50% APY, & a balance of $100,000+ earns 4.00% APY.
Deposited for 36 months; a balance between $2,000 – $14,999.99 earns 2.70% APY, & a balance of $100,000+ earns 4.10% APY.
Deposited for 48 months; a balance between $2,000 – $14,999.99 earns 2.90% APY, & a balance of $100,000+ earns 4.25% APY.
Deposited for 60 months; a balance between $2,000 – $14,999.99 earns 3.05% APY, & a balance of $100,000+ earns 4.50% APY.
*Rates are effective as of 06/02/08.
 
Features:
@ Interest is compounded daily and credited monthly.
@ You can manage your account via Free Online Banking
@ Your funds are insured by FDIC.
@ A penalty may be imposed on early withdrawal.

To actually see the benefit on your investment you can use the CD Calculator on Metlife Bank’s website. You may select any term for your CD that suits your needs. To get started you may visit their site and apply for an account online now or call at 1-866-BankMet. 100,000 customers are already benefitting from its services, now you can be the next one!

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