Comments on: Yet Another Leader In 12-Month CD Rates

By: Annoyed with Opening Process

Annoyed with Opening Process — Fri, 02 Oct 2009 23:48:49 +0000

We have also been trying to open an account. After their website crashed several times, we were finally able, yesterday, to fill out their questionnaire. We then got an error message, and were told to call MetLife to complete the process. During the first call, my partner gave the rep the confirmation number and error code, and was transferred to someone who put her on hold for 30 minutes before hanging up on her. The second call ended when she was transferred to a message stating that the system was overloaded. I too am very disappointed in MetLife.

I wondered why such a good rate stayed up for so long; now I know. It is almost impossible to open a CD there.

By: DealMaven

DealMaven — Tue, 29 Sep 2009 21:29:31 +0000

We just called First Choice Bank of Cerritos and they said that the 12-month CD earns a 2.22% APY with a $2,500 minimum deposit. The 2.43% APY is available on a 24-month CD with a $5,000 minimum deposit.

Those are good rates, but they’re only available if you can walk into the bank and apply in person.

We generally limit our tips on good deposit rates to those that are available nationwide. But if you live in the Los Angeles County/Orange County area, go for it!

By: Paul

Paul — Tue, 29 Sep 2009 20:22:39 +0000

I have been callin Metlife Bank for teh last two days. I just wanted to know, how to open an account in the family trust name as the online application is only for individual or joint.
Finally after holding for 15 minutes, the operator came on, saying that she can only take my phone # to have some obene call me. I senr them an e-mail, no response yet. I got frustrated and lookd for alternate. First Choice Bank in Cerritos CA has one year CD for 2.43%. I am very disappointed with Metlife. If this is the service befre I open an account. You can imagine what would it be after I am customer.

By: Renee

Renee — Tue, 29 Sep 2009 13:47:37 +0000

Does Metlife have online banking? Can I access my CD info online?

By: BB

BB — Tue, 22 Sep 2009 15:58:33 +0000

Dianne – I am in the same situation. The 2.25 is only for NEW money. It says so in the fine print that the money has to come from a source other than Metlifebank. Otherwise the 12 mos. rate is 2%.

By: Dianne Bowman

Dianne Bowman — Tue, 22 Sep 2009 02:17:47 +0000

Hi – I just called MetLife today to roll over our cd for another year. I was told it was 2.00 and I see where it’s still 2.25 today. What’s up?

Dianne Bowman

By: DealMaven

DealMaven — Mon, 21 Sep 2009 13:37:06 +0000

The 2.25% is still available. If you click on “MetLife” at the top of the second paragraph it will take you right to the page where you can apply. In MetLife’s CD listing, the regular rate is 2.0%, but the 2.25% special is still available.

By: Charlie

Charlie — Sun, 20 Sep 2009 01:00:15 +0000

It seems to be down to 2% now, on 9/19 at 9PM ET.