Best 6-Month CD Rates in Oklahoma

4.0
Bankrate Score

Bank or Credit Union Name: Popular Direct

Minimum Amount: $10,000

APY / Rate: 4.50%

Pros:

  • Highly competitive rate of interest
  • 24/7 access to the account
  • Maximum insurance coverage as permitted by FDIC
  • Excellent customer service

Rules:

  • Open a CD account with minimum $10000 balance
  • Penalty on premature withdrawal
  • Interest is accrued on a daily basis
4.0
Bankrate Score

Bank or Credit Union Name: Bask Bank

Minimum Amount: $1000

APY / Rate: 4.45%

Pros:

  • Interest accrued on daily balance
  • Fixed terms and rates
  • Insured up to FDIC limits
  • Customizing option available with terms ranging from 6 months to 24 months

Rules:

  • New customers need to open a new account with Bask Bank to open a CD account and existing customers can add a CD to their existing account.
  • A minimum of $1000 must be deposited within 10 business days of opening the account.
  • Interest is calculated and accrued daily.
  • Early withdrawal penalty:
    1. 90 days of simple interest based on the principal amount withdrawn for terms 6 months to 1 year
    2. 180 days of simple interest based on the principal amount withdrawn for the term greater than 1 year

Best 12-Month CD Rates in Oklahoma

4.0
Bankrate Score
BMO Harris Bank

Bank or Credit Union Name: BMO Harris

Minimum Amount: $1000

APY / Rate: 5.00%

Pros:

  • High-interest rates on CD accounts
  • Access through mobile, online, and telephone
  • FDIC insured to the maximum limited by law
  • No monthly maintenance fee

Rules:

  • A CD can be opened instantly
  • The amount can be withdrawn early by paying an early withdrawal penalty amount
  • 10 calendar days grace period post maturity post which the CD is auto-renewed.
4.0
Bankrate Score

Bank or Credit Union Name: First Internet Bank of Indiana

Minimum Amount: $1000

APY / Rate: 4.75%

Pros:

  • The high-interest rate on CDs
  • No maintenance fees
  • 3 months to 60-month CD term option

Rules:

  • Interest on CD is compounded every month
  • An early withdrawal penalty is charged on premature withdrawal from the account.
  • 10 days grace period post maturity after which the CD gets auto-renewed.

Best 2-Year CD Rates in Oklahoma

4.0
Bankrate Score

Bank or Credit Union Name: America First Credit Union

Minimum Amount: $500

APY / Rate: 4.75%

Pros:

  • Choice of term available from 91 days to 60 months
  • Low minimum deposit requirements
  • High dividend rates compared to other credit unions and banks

Rules:

  • Dividends are paid monthly., quarterly, or on maturity depending on the type of certificate
  • Premature withdrawal is subject to a penalty.
  • Certificates are auto-renewed once they mature.
4.0
Bankrate Score

Bank or Credit Union Name: Randolph-Brooks Federal Credit Union

Minimum Amount: $20,000

APY / Rate: 4.70%

Pros:

  • Low minimum deposit requirements
  • High dividend rates for 2 years share certificate account
  • Risk-free investment
  • Maximum insurance coverage by FDIC

Rules:

  • Open a CD account for your choice of term.
  • Interest in the account is compounded monthly
  • Dividends can be transferred to the certificate account or RBFCU checking, savings or Money Market accounts
  • The certificate is auto-renewed on maturity
  • Premature withdrawal incurs an early withdrawal penalty

Best 3-Year CD Rates in Oklahoma

4.0
Bankrate Score

Bank or Credit Union Name: Alliant Credit Union

Minimum Amount: $1000

APY / Rate: 4.60%

Pros:

  • NCUA insured investment
  • Better interest rates than conventional banks
  • No cap on maximum investment
  • Low minimum deposit requirements
  • No monthly maintenance fees

Rules:

  • Dividends are compounded every month as well as on maturity
  • Dividends can be earned and withdrawn every month without penalty,
  • With monthly dividend withdrawal, the simple interest is calculated instead of compound.
  • Closing a certificate account before maturity is charged with a penalty.
4.0
Bankrate Score

Bank or Credit Union Name: Bread Financial

Minimum Amount: $1000

APY / Rate: $4.50%

Pros:

  • Highly competitive rates
  • Instant account opening
  • A higher degree of liquidity
  • Low minimum deposit requirements
  • FDIC insured to the maximum limit

Rules:

  • Interest is accrued, compounded daily, and credited to the account every month.
  • Per account maximum investment limit is $1 million and per customer, the limit is $10 million
  • Cashout feature available within a grace period of 10 days
  • After 10 days grace period, the CD is auto-renewed.

Best 5-Year CD Rates in Oklahoma

4.0
Bankrate Score
BMO Harris Bank

Bank or Credit Union Name: BMO Harris

Minimum Amount: $1000

APY / Rate: 4.50%

Pros:

  • High-interest rates on CD accounts
  • Access through mobile, online, and telephone
  • FDIC insured to the maximum limited by law
  • No monthly maintenance fee

Rules:

  • A CD can be opened instantly
  • The amount can be withdrawn early by paying an early withdrawal penalty amount
  • 10 calendar days grace period post maturity post which the CD is auto-renewed.
4.0
Bankrate Score

Bank or Credit Union Name: Barclays

Minimum Amount: $0

APY / Rate: 4.30%

Pros:

  • No minimum deposit required
  • High stability with a fixed interest rate
  • No hidden fees or monthly charges
  • Online access available

Rules:

  • Interest is compounded daily
  • Funds must be added within 14 days of account opening
  • Premature withdrawal is subject to a penalty
  • Funds can be transferred to other accounts as well

National CD Rates

Average CD Rates

1-YEAR CD 1.82%
2-YEAR CD 1.75%
6-MONTH CD 2.10%
5-YEAR CD 2.47%
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