Top Question:
Do you have free checking?
Best Answer:
We offer a simple way to qualify for monthly service charge waivers on our Essential Checking, Plus Checking and Select Checking accounts by meeting combined personal deposit account balance relationship requirements or through direct deposits into the account as well as discounts on certain accounts for owners 62 or older. Additionally, our Bright Solutions account offers fee waivers for any account owner age 22 and under. Specific waiver and discount details are:
- Essential checking – Waive the $5 monthly fee ($2.50 for account owners 62+) by maintaining $5,000 in combined personal deposit balances (checking, savings, money market, CDs or IRAs), or by having $3,000 in ACH credits (direct deposits) into the account per statement cycle.
- Plus checking – Waive the $10 monthly fee ($5 for account owners 62+) by maintaining $20,000 in combined personal deposit balances (checking, savings, money market, CDs or IRAs), or by having $7,000 in ACH credits (direct deposits) into the account per statement cycle.
- Select checking – Waive the $15 monthly fee ($7.50 for account owners 62+) by maintaining $40,000 in combined personal deposit balances (checking, savings, money market, CDs or IRAs), or by having $10,000 in ACH credits (direct deposits) into the account per statement cycle, or by having $100,000 in Arvest Wealth Management total relationship (investments, insurance or qualifying managed trust).
- Bright Solutions – $3 monthly service charge is waived for account owners age 22 and under. A $2 paper statement fee applies unless enrolled in free online statements.
