Slim Pickings for January 2009 High Yield CDs

Submitted by theStockMasters... on Sat, 01/31/2009 - 19:04

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High Yield CD News

cd-rates CD Rates are way down, the current environment is horrible for people who are trying to stay in cash. National CD rates are so disgustingly low that you are better off just keeping your cash under your mattress. Try searching Bankaholic.com for CD rates in your area, but the Masters found one decent national opportunity, let's get to it.

The only decent 'High Yield' CD offer is from MetLife this week, and if you want their best deal, you have to give your cash away for 2 Years.

Here's the Ad, 24-MONTH sounds much better than saying "give me your cash for 2 years" but for those of you who like CDs, this is you best offer for the time being, here's the link and ad:

http://www.metlifebank.com/CD.do?UISCode=0000000&promo=NPW35

A Certificate of Deposit (CD) helps you attain your financial goals by offering an easy way to earn interest at a higher rate. Your interest
rate is guaranteed for the term of your CD. Plus, you choose the savings term that’s best for you.

MetLife Bank CDs offer:

Competitive interest rates
A choice of terms from 3 to 60 months
Minimum deposits as low as $2,000
The opportunity to earn a higher interest rate with Jumbo Certificates of Deposit for CD deposits of $100,000 or more
FDIC insurance (How much FDIC insurance can I get?)

Apply for a CD or Jumbo CD Now

CD Rates & Terms (as of 01/26/09)

All rates are Annual Percentage Yield (APY*)

Term	$2,000- $14,999	$15,000- $24,999	$25,000- $49,999	$50,000- $99,999	$100,000+
3 Months	0.15%	1.45%	2.10%	2.20%	2.30%
6 Months	0.75%	1.45%	2.20%	2.30%	2.40%
9 Months	0.75%	1.90%	2.30%	2.40%	2.50%
12 Months	1.15%	2.25%	2.40%	2.45%	2.50%
18 Months	1.25%	2.45%	2.60%	2.70%	2.75%
24 Months	1.35%	2.75%	2.85%	2.95%	3.00%
36 Months	1.55%	2.85%	2.95%	3.05%	3.10%
48 Months	1.75%	2.85%	2.95%	3.05%	3.10%
60 Months	1.90%	2.85%	2.95%	3.05%	3.10%