Met Life Bank 3 Month CD Rates

Met Life Bank is offering very competitive CD rates and CD yields for their 3 month certificate of deposit. The rates and yields are tiered to the CD deposit amount. The higher the balance the higher the rate and yield.

The current CD yield as of October 9, 2009 is 1.00 percent for account deposits between $2,000 and $14,999.

For certificate of deposit account deposits between $15,000 and $24,999 the current annual percentage yield (APY) is 1.25 percent. For CD account balances $25,000 an over the current APY is 1.50 percent.

The minimum opening deposit amount is $2,000. Interest compounded daily, credited monthly. The overall return on investment will be higher with a certificate of deposit that has interested compounded daily. Some banks compound interest on a monthly or annual basis.

You can apply online to open a certificate of deposit with Met Life Bank or by calling 1-866-BankMet (1-866-226-5638). Online Certificate of Deposit Application.

Met Life Bank is the banking division of the insurance company Met Life.  Met Life Bank has been insured by the Federal Deposit Insurance Corporation (FDIC) since February 1999. The bank’s FDIC Cert number is 35055.