Bank of America Paying 0.45% APY on 12 Month CDs

Bank of America, is offering 0.45% APY on CDs for the 12 month term with a minimum deposit of $10,000. The bank has decreased its CD rate from its previous 0.50% APY to 0.45%. However, this interest rate is better than other large banks which pay 0.30% on an average. The highest … [Read more...]

MetLife Offering 0.45% APY for 3 Month CDs

Compared to the average annual rate of 0.15% APY paid by thrifts and large banks, MetLife Bank, Barclays, OneWest Bank and AloStar Bank of Commerce offer better rates. The four banks pay 0.45% APY. Three offer it only to savers who meet their minimum deposit requirements. OneWest … [Read more...]