www.metlifebank.com

Sounds similar to ING and others when it comes to the rate, but the nice part about this is that you can access it with its own checks or an ATM card, PLUS they rebate ATM fees!

$5000 acct min. to get the stated interest rate,
$1500 balance to avoid fees.
0.95% interest if balance is 0-$5000

Monthly Service Charge $15. $0 if minimum balance is maintained
Other Features Interest compounded daily, credited monthly
ATM card access
Reimbursements on non-MetLife Bank ATM surcharges (up to $5 per statement cycle)
Free first order of checks
Limited monthly check writing access (limit three checks)

$50 BONUS DISCUSSED ON PAGE 2 OF THIS THREAD



it has been listed in the online banking FAQ for nearly a year, but no one has done a thread on them?? any significant downsides?

It is rare to get a MMA with checks that pays this much with a balance this low.
Have they had a good long rate history or is this a teaser?

this bank looks good...
but i have a few questions:

does anyone know if there is a minimum balance?
and if there's a closing fee? if the rate drops (they have a promo code for you when u sign up), i'd move back to my old bank....

other than that, is there a minimum?

The minimums for metlife seem high. Why not just use ING or Virtualbank, both which have no minimums, and offer 2.00% and 2.15% APR respectively?

Is check writing really that important when you could 1) get either a free checking account anywhere and ACH in and out, or 2) get Presidential 2.75% APR checking with direct deposit?

No mention of online access on their website. If they had ACH pull/push like ING then it would be a good deal (with check writing plus ATM).

If their bank is anything like dealing with their dental insurance, I would stay away at all costs!

RagingBull said:

<< is there FDIC? >>

its a bank isnt it?

crumpobumpodumpo

DeGlass said:mention code CP126 for $50 ($5000 min, 90 days)
18005040745According to the CSR I just spoke with, the $50 promotion ended on July 31.