View Single Post
  #97 (permalink)  
Old 05-05-2005, 02:52 PM
eddiehcruz eddiehcruz is offline
$ Saving Second Grader
 
Join Date: Mar 2005
Posts: 10
Points: 100.00
Donate
Default Re: ING Direct vs Emigrant Direct Bank

Quote:
Originally Posted by KTEACH
Has anyone had any experience with METLIFE Bank? I realize they have a $5000 minimum to get the 3.05% but they are offering a $50 sign up bonus. They also limit withdrawls to 6 per statement period (nopt sure how long that is). I'm looking for a place to hold some $$ but not as restricted as a CD.

i just opened up a metlife acct today. pay special attention to all of the conditions:

min of $5k, if it drops below that, only 1% return.
limit of checks drawn on the acct (3 per mo, i think)
if bal falls below $1500, another fee.

i'll leave it in for 90 days (just enough to get the 50) and then put it back in emigrant or maybe buy i-bonds like the prev poster suggested.
Reply With Quote