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 Bank and AloStar Bank of Commerce mandate $1,000 deposit at least, while MetLife requires $25,000.