MetLife Bank CD Rates – 12 Month CD Rate at 2.25%

MetLife Bank is offering one the highest bank CD rates and yields available these days for a 12 month certificate of deposit.The current annual percentage yield (APY) is 2.25 percent, one of the best CD yields around.

To earn the 2.25% APY you must deposit a minimum of $25,000 in one transaction. The CD deposit must be new money only, money not currently held at MetLife Bank.

You can deposit less than $25,000 into a MetLife Bank Certificate of deposit and still earn a great yield. The minimum opening deposit is $2,000 and CD account balances of $2,000 and $14,999 earn an APY of 1.25 percent. Certificate of deposit account balances between $15,000 and $24,999 earn an APY of 1.75 percent.

MetLife Bank certificate of deposits are FDIC insured up to $250,000 per ownership category, effective through December 31, 2013. Starting Janurary 1, 2010 FDIC insurance will return to up to $100,000 per depositor for all account categories except Traditional and Roth IRAs (and other certain retirement accounts), which will remain at $250,000 per depositor.

You have to mention offer code SALLY10 to receive their advertised APY. You can sign up on online her MetLife Bank SAlly10 Certificate of Deposit Offer or call MetLife Bank at 1-800-607-0328.