Arvest Bank Review 2022
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Our articles, interactive tools, and hypothetical examples contain information to help you conduct research but are not intended to serve as investment advice, and we cannot guarantee that this information is applicable or accurate to your personal circumstances. Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional.
Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
Higher yields and savings accounts that charge no fees can be found at other banks.
Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
More competitive CD rates elsewhere, but Arvest does offer tiered rates, allowing customers who deposit more the ability to earn higher APYs.
Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
Higher yields can be found elsewhere, but Arvest Bank does offer tiered rates, providing savers willing to deposit more money the ability to earn higher yields.
Arvest Bank charges Free Blue Checking customers a $2 fee to use an out-of-network ATM, in addition to any fees charged by the ATM owner.
Arvest Bank’s $17 overdraft fee is substantially lower than the of $33.58.
Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. .
Advertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.Our articles, interactive tools, and hypothetical examples contain information to help you conduct research but are not intended to serve as investment advice, and we cannot guarantee that this information is applicable or accurate to your personal circumstances. Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional.
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The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.Editorial disclosure
All reviews are prepared by our staff. Opinions expressed are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including any rates, terms and fees associated with financial products, presented in the review is accurate as of the date of publication. Arvest BankArvest Bank Review 2022
Matthew Goldberg is a consumer banking reporter at Bankrate. Matthew has been in financial services for more than a decade, in banking and insurance. Updated November 10, 2022 Bankrate logoThe Bankrate promise
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At a glance
3.5 Bankrate Score CDs Checking Savings MMA About Bankrate Score Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.Overview
Arvest Bank is best for consumers in Arkansas, Kansas, Oklahoma and Missouri who like working with a smaller bank and having a local branch, but it doesn’t offer the best rates.Highlights
Highly Rated App Low Fees Compare offers Advertiser DisclosureAdvertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
How We Make Money
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. Member FDIC Savings Account 3.00 % APY Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Min. balance for APY Offer detailsCapital One
Member FDIC Savings Account Details 3.00 % APY Min balance for APY It only takes about 5 minutes to open a fee-free account. Member FDIC Savings Account 3.00 % APY Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Min. balance for APY Offer detailsCapital One
Member FDIC Savings Account Details 3.00 % APY Min balance for APY It only takes about 5 minutes to open a fee-free account. Member FDIC Savings Account 3.60 % APY Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Min. balance for APY Offer detailsBask Bank
Member FDIC Savings Account Details 3.60 % APY Min balance for APY 0 Monthly Acct Fees. No Balance Cap to Earn APY.Overall
Arvest Bank is a regional bank based in Bentonville, Arkansas, that offers accounts to residents of Arkansas, Kansas, Oklahoma and Missouri.Pros
Reasonable minimum-deposit amounts mean most accounts are accessible to a broad range of consumers. The bank provides a mobile app that earns positive reviews by iOS and Android users. The bank’s overdraft fee is significantly lower than the average fee.Cons
Higher APYs can be found elsewhere. Customer phone support isn't available Sundays. There is a fee to use an out-of-network ATM.Arvest Bank bank products
Savings CD Money Market Checking 2.6 Bankrate ScoreArvest Bank savings overview
The Arvest Bank Savings Account earns less than the national average yield for savings accounts. It requires $100 to open, and a $100 minimum daily balance or a $500 average daily balance to avoid the $2 monthly maintenance fee.Higher yields and savings accounts that charge no fees can be found at other banks.
Pros
The Arvest Bank Savings Account has a reasonable minimum deposit.Cons
Higher yields can be found elsewhere — especially at online banks. A $2 monthly fee applies unless monthly minimum balance requirements are met. Compare Offer Advertiser DisclosureAdvertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
How We Make Money
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. Member FDIC Savings Account 3.00 % APY Info Bankrate Savings rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Min balance for APY Offer details Offer detailsCapital One
Member FDIC Savings Account Details 3.00 % APY Min balance for APY It only takes about 5 minutes to open a fee-free account. 2.7 Bankrate ScoreArvest Bank CD overview
Arvest Bank offers only three terms of CDs: six months, and one and two years. A $1,000 minimum deposit is required to open an Arvest Bank CD.More competitive CD rates elsewhere, but Arvest does offer tiered rates, allowing customers who deposit more the ability to earn higher APYs.
Pros
The minimum balance is reasonable compared with some banks. Rates increase with account balance.Cons
Arvest Bank’s rates overall are low. A minimum balance of $95,000 is required to earn the highest possible rates. Compare Offer Advertiser DisclosureAdvertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
How We Make Money
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. Member FDIC CD 4.10 % APY Info Bankrate CD rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. Min. deposit Term Offer details Offer detailsCapital One
Member FDIC CD Details 4.10 % APY Min. deposit Term Get peace of mind with fixed rates and guaranteed returns. 2.3 Bankrate ScoreArvest Bank money market overview
The Arvest Bank money market account requires only $100 to open, but a $2,500 balance must be maintained to avoid the $10 monthly maintenance fee.Higher yields can be found elsewhere, but Arvest Bank does offer tiered rates, providing savers willing to deposit more money the ability to earn higher yields.
Pros
A $100 deposit is all that is needed to open an account.Cons
A$10 monthly fee applies on account balances that fall below $2,500. Higher rates can be found elsewhere. 4.9 Bankrate ScoreArvest Bank checking overview
Arvest Bank requires a minimum $50 deposit to open the Free Blue Checking account, the account evaluated for this review. The account charges no monthly service fee.Arvest Bank charges Free Blue Checking customers a $2 fee to use an out-of-network ATM, in addition to any fees charged by the ATM owner.
Arvest Bank’s $17 overdraft fee is substantially lower than the of $33.58.
Pros
Arvest’s overdraft fee is significantly lower than the average fee nationally. Free Blue Checking charges no monthly maintenance fee.Cons
There’s a $2 fee to use an out-of-network ATM. Compare Offer Advertiser DisclosureAdvertiser Disclosure
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
How We Make Money
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. Member FDIC Checking Account 2.50 % APY Info Bankrate Checking rating = 5/5 Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services. To open To avoid fees Offer details Offer detailsSoFi
Member FDIC Checking Account Details 2.50 % APY To open To avoid feesBank experience
Arvest Bank is a Bentonville, Arkansas-based regional bank with more than 240 branches in Arkansas, Kansas, Oklahoma and Missouri. Accounts can be opened online but only by residents in the four states the bank serves. The bank’s ATM network isn’t extensive, but its website and app offer surprisingly good technology for a smaller bank. Arvest customers have access to highly rated apps for both Android and iOS, the option to use multiple mobile wallets and some useful budgeting tools.About Arvest Bank
Arvest Bank is a regional bank in Arkansas, Kansas, Oklahoma and Missouri that operates more than 240 branches. It provides money market accounts, savings accounts, certificates of deposit and checking accounts. Its mobile banking app earns high scores in Apple's App Store and the Google Play store.Review methodology
With so many financial institutions to choose from, it can be hard to know who to trust. Bankrate’s ever-growing list of bank and credit union reviews is updated regularly. Our editorial team analyzes and reviews each institution across deposit products such as savings accounts, checking accounts, certificates of deposit (CDs) and money market accounts (MMAs). Banks are rated by important factors such as offered interest rates, fees, minimum balance requirements, access to funds and more.We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. .