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Brighthouse Fixed Rate Annuity — Brighthouse Financial
Brighthouse Financial
Best available rate
5.35%
7-yr guarantee · 7-yr surrender schedule · $100,000+ premium
Highest current rate across the available 3-year, 5-year, and 7-year guarantee terms.
View all rates and terms ↓10%
Free W/D
50
Available jurisdictions
Rates as of October 9, 2026. CANNEX via AdvisorWorld; confirm rates and state availability before purchase.
Product analyzer
Run numbers for Brighthouse Fixed Rate Annuity
guaranteed rates, terms, state availability, surrender details, and contract facts stay scoped to this Brighthouse Financial product.
Live product data
Rates as of October 9, 2026, from AdvisorWorld and CANNEX.
5-year guaranteed rate
5.25% guaranteed for 5 years
A 3/5/7-year multi-year guaranteed annuity from an A-rated Brighthouse, with an annual free-withdrawal allowance and a tiered rate uplift at the higher premium band, available in 50 jurisdictions outside New York.
Best fit
Buyers who want a flat fixed-rate lock for 3, 5, or 7 years from an A-rated carrier, value an annual free-withdrawal cushion, can deposit at the higher premium band to earn the band rate uplift, and don't need a market-value-adjusted variant of the same contract.
Available guarantee terms
3, 5, and 7 years
AM Best
A Excellent
Available surrender terms
3, 5, and 7 years
Free withdrawal
10%/yr
Availability
50 jurisdictions (excl. New York)
Product analyst notes
How to think about this contract
Why it can stand out
- The same contract gives the buyer three guaranteed-term lengths — 3, 5, and 7 years — so a buyer can match the lock to their planning horizon without switching carriers.
- An annual free-withdrawal allowance is on top of the term commitment, so a portion of the contract value stays accessible every year without triggering surrender charges.
- Higher premium tiers earn an explicit rate uplift over the base band on every term, so larger deposits are paid more for the same lock — and the band breakpoints are visible in the live feed rather than hidden in a brochure.
- Brighthouse is rated A by A.M. Best, so the structural promise is backed by an A-rated carrier across the entire 50-jurisdiction footprint.
What to confirm
- This contract is the non-MVA version of the contract — there is a separate Brighthouse Fixed Rate Annuity with MVA filing that posts higher headline rates on the same term menu. A buyer who can tolerate a market-value adjustment on early surrender (a positive or negative reset based on prevailing rates) may earn a better lock on the with-MVA filing for what is otherwise a similar contract.
- The seven-year surrender ladder is long for a 3-year buyer, since surrender-charge years exceed the guarantee term on the shorter elections — a buyer choosing the 3-year term should be sure they will let it run to maturity or be ready to use only the annual free-withdrawal allowance until surrender charges burn off.
- The contract is not available in New York or Puerto Rico — 50 jurisdictions are on the current list (49 states plus DC). NY buyers will not find this product through Brighthouse and there is no separate NY-variant filing currently mapped.
- There is no premium bonus, no death-benefit roll-up, and no GLWB income rider on this contract — the death benefit is the standard contract value. Buyers prioritising legacy step-ups or a contractually guaranteed lifetime-income rate should evaluate those features on a different product.
Not ideal for
Buyers chasing a higher headline rate who can tolerate an MVA (use the with-MVA variant instead), buyers who want a shorter surrender commitment than 7 years on the short-term elections, buyers who need a GLWB income rider or a death-benefit roll-up, and residents of New York or Puerto Rico.
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Guaranteed Rates by Term
CANNEX identifies each state, MVA, and liquidity-rider version below. Compound-equivalent annual rates are the primary comparison measure; the carrier's quoted simple-interest rate remains visible beneath each value.
| Contract version | Term | Surrender term | Rate effective | Published rate |
|---|---|---|---|---|
| Most states · No MVA · No liquidity rider · Published version 1 | 3-Year | 3-Year schedule | Oct 1, 2026 | 4.9%Compound annual rate |
| Most states · No MVA · No liquidity rider · Published version 1 | 5-Year | 5-Year schedule | Oct 1, 2026 | 5.25%Compound annual rate |
| Most states · No MVA · No liquidity rider · Published version 1 | 7-Year | 7-Year schedule | Oct 1, 2026 | 5.35%Compound annual rate |
| Most states · No MVA · No liquidity rider · Published version 2 | 3-Year | 3-Year schedule | Oct 1, 2026 | 4.75%Compound annual rate |
| Most states · No MVA · No liquidity rider · Published version 2 | 5-Year | 5-Year schedule | Oct 1, 2026 | 5.1%Compound annual rate |
| Most states · No MVA · No liquidity rider · Published version 2 | 7-Year | 7-Year schedule | Oct 1, 2026 | 5.2%Compound annual rate |
Key Features
Free withdrawal
10%/yrAnnual amount that may be available without surrender charges, subject to contract terms.
Surrender waivers
3Nursing home waiver, RMD waiver, Terminal illness waiver
Death benefit
Standard Death BenefitBeneficiary value depends on contract terms, withdrawals, and rider elections.
Annuitization options
Joint life, Single lifePublished payout options from the normalized contract facts.
Fund types
Non-qualified, QualifiedAvailability can vary by state and product terms.
Surrender Schedule
7-Year Version
Yr 1
7%
Yr 2
7%
Yr 3
7%
Yr 4
6%
Yr 5
5%
Yr 6
4%
Yr 7
3%
After
0%
Nursing home waiver, RMD waiver, Terminal illness waiver
Carrier Ratings
Free Comparison Report
Get a Brighthouse Fixed Rate Annuity rate report
See how Brighthouse Fixed Rate Annuity compares for your age, state, premium, and income goals alongside other Brighthouse Financial MYGA options.
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