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We’re readY TO GIVE
your money wings.
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If rates go up, yours can too
Tie down a great rate without getting tied down. With Arvest’s 14-Month Rate Boost CD™, you get a guaranteed rate that starts earning interest on day one, plus unexpected flexibility to fit your needs. Even better, if rates go higher, you can boost your rate higher.
14-Month Rate Boost CD
Apply Online for a 14-Month Rate Boost CD*
Tier Amount | Interest | APY |
---|---|---|
$1,000–$94,999 | 5.15% | 5.25% |
$95,000 & Above | 5.20% | 5.30% |

Lock in a great rate without getting locked in
Arvest's 7-Month No-Penalty CD lets you lock in a great rate without locking up your money. Get a guaranteed interest rate while being able to make withdrawals without penalty. Enjoy all the benefits of a traditional CD without the disadvantages of losing access to your money.
7-Month No-Penalty CD
Apply Online for a 7-Month No-Penalty CD*
Tier Amount | Interest | APY |
---|---|---|
$1,000 – $94,999 | 4.91% | 5.00% |
$95,000 & Above | 4.96% | 5.05% |

Open a CD Today
It's easy and convenient to open a CD. You can open most accounts either:
- Online for Arvest's 7-Month No-Penalty CD or 14-Month Rate Boost CD
- In person at your local Arvest branch
- By phone at (855) 316-5232
We also offer additional CD options. Please visit with an Arvest associate to learn more.
Learn More About CDs
14-Month Rate Boost CD
$1,000 minimum opening balance required. Annual Percentage Yields (APY) valid as of 9/25/2023 for the following balance tiers: under $95,000: 5.25% APY; $95,000 and above: 5.30%. A penalty fee will be assessed for early withdrawal; fees could reduce earnings on the account. Other rates and terms available, ask an associate for details.
You may increase your interest rate one time during the term of this time deposit to the current rate available for a 14-month CD for the remainder of the existing term by contacting an Arvest Bank associate in person or by phone. The new APY will be effective for the remainder of the term. One-time rate increase option available for new 14-month CDs.
7-Month No-Penalty CD
$1,000 minimum opening balance required. Annual Percentage Yields (APY) valid as of 9/25/2023 for the following balance tiers: Under $95,000: 5.00%; $95,000 and above: 5.05%; other rates and terms available. With a No-Penalty CD, you may withdraw the total balance and interest earned, without a penalty, beginning seven days after the date of deposit. No withdrawals are permitted during the first six days following the date of deposit. Other rates and terms available, ask an associate for details.
* Additional CD terms available. Please visit your local Arvest branch location if you'd like to:
- Fund a 7-month or 14-month CD with cash or a check
- Fund a 7-month or 14-month CD in an amount of $95,000 or more
- Open any CD other than the 7-month or 14-month specials