CDs

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A secure way to get closer to your goals with competitive rates

A High Yield or Jumbo Certificate of Deposit (CD) helps you attain your financial goals by offering an easy way to earn interest at a higher rate. Your interest rate is guaranteed for the term of your CD. Plus, you choose the savings term that’s best for you.

MetLife Bank CDs offer:

  • Competitive interest rates
  • A choice of terms from 3 to 60 months
  • Minimum deposits as low as $2,000
  • The opportunity to earn a higher interest rate with Jumbo Certificates of Deposit for CD deposits of $100,000 or more
  • FDIC insurance (How much FDIC insurance can I get?)

Apply for a CD or Jumbo CD Now

CD Rates & Terms(as of 04/26/12)

All rates are Annual Percentage Yield (APY*)

Term $2,000- $14,999 $15,000- $24,999 $25,000- $49,999 $50,000- $99,999 $100,000+
3 Months0.25%0.35%0.45%0.50%0.50%
6 Months0.35%0.55%0.65%0.70%0.70%
9 Months0.40%0.65%0.70%0.80%0.80%
12 Months0.85%0.95%1.05%1.05%1.05%
18 Months1.12%1.12%1.12%1.12%1.12%
24 Months1.17%1.17%1.17%1.17%1.17%
36 Months1.30%1.30%1.30%1.30%1.30%
48 Months1.40%1.40%1.40%1.40%1.40%
60 Months1.50%1.50%1.50%1.50%1.50%
  • Or call us at 1-866-BankMet (1-866-226-5638) or
  • Download an application you can print and return by mail with your initial deposit
 

Customer Service

CD FAQs

 
What is the difference between a MetLife Bank Certificate of Deposit (CD) and a Money Market Account?

MetLife Bank agrees to pay you a fixed interest rate (based on the amount of your deposit) over a specific period of time. This interest rate will not change during that time period. Withdrawing money from the CD prior to the maturity date will result in an early withdrawal penalty. A Money Market Account allows you ongoing access to your money at any time. Some withdrawal limitations may apply. You can access your Money Market Account by check, ATM withdrawal, online transfer or by phone. (See detailed disclosure.) The interest rate earned on a Money Market Account is not guaranteed to remain the same, so it could increase or decrease at any time without notice.

 
What is the difference between a MetLife Bank Certificate of Deposit (CD) and a Jumbo CD?

A MetLife Bank CD can be opened with an initial deposit as low as $2,000. A Jumbo CD requires a $100,000 minimum deposit and may also earn a higher interest rate.

 
Can I withdraw money from a MetLife Bank CD if I have an emergency?

Yes, you can withdraw money from your CD account. However, you will be assessed an early withdrawal penalty on the amount of principal that you withdraw prematurely. The penalty is equal to 3 or 6 months of the interest that has been paid or will be paid (based on the term).

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