CD Rates Special
Guaranteed rates. Maximum flexibility.
If you’re looking for CD options that offer competitive market rates, but don’t want to give up access to your cash or lock in today’s rates when rates may go up tomorrow, Arvest is ready to help. These CDs offer the return you want with the flexibility and accessibility to your money when you need it. We've made these CD options easy and convenient, with the ability to open most accounts online or at any of our 200+ banking locations.
7-Month No-Penalty CD
Lock in a great rate without getting locked in. Our 7-month No-Penalty CD lets you lock in a great rate without locking up your money. Get a guaranteed and competitive interest rate while being able to make withdrawals without penalty after the first six days. All the benefits of a traditional CD without the disadvantages of losing access to your money.
| Tier Amount | Interest | APY |
|---|---|---|
| $1,000 – $94,999 | 4.91% | 5.00% |
| $95,000 & Above | 4.96% | 5.05% |
Apply Online for a 7-Month No-Penalty CD*
14-Month Rate Boost CD™
Lock in a great rate today without locking down your rate forever. If interest rates rise, we’ll give your rate a one-time boost. Just ask! Boost the performance of your investment with our rate boost CD.
| Tier Amount | Interest | APY |
|---|---|---|
| $1,000 – $94,999 | 5.15% | 5.25% |
| $95,000 & Above | 5.20% | 5.30% |
Visit Us Today To Open A CD
Give Us a Call
(855) 316-5232
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.
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.
* 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
