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Personal Savings Account Details

Effective June 2021

 

Arvest Bank Accounts Money Market Savings Cool Blue
Description Earn better interest rates with higher balances. A basic savings account that earns interest on your balance. A great savings account for those under the age of 18.
Minimum to Open $100 $100 $50
Earns Interest

Tiered rates; interest earned on daily collected balance and paid monthly

  • $0 - $2,499.99
  • $2,500 - $9,999.99
  • $10,000 - $99,999.99
  • $100,000 - $249,999.99
  • $250,000 - $4,999,999.99
  • $5,000,000 and up
Interest earned on daily collected balance of $100 or greater and paid quarterly Interest earned on daily collected balance and paid quarterly
Statements Monthly Quarterly Quarterly
Transactions Up to 6 withdrawals per month ($10 for each withdrawal after 6) Up to 6 withdrawals per month ($5 for each withdrawal after 6) Up to 6 withdrawals per month ($5 for each withdrawal after 6)
Monthly Service Charge $10 $2 $0
Balance to Waive Monthly Service Charge $2,500 minimum daily balance $100 minimum daily balance or average daily balance of $500 N/A

Additional Information

Balance Requirements

Money Market Account - Avoid minimum balance requirements when a Money Market account is held in conjunction with Preferred Club Checking.

e.Statements

All Savings Accounts - To receive an electronic statement you must be enrolled in Online Banking.

Mobile Banking, Mobile Alerts and Mobile Check Deposit

Savings & Money Market Accounts - Consult your wireless internet provider about applicable fees for required data plans.