Best CD rates in Oklahoma
Vikram Singh
Best 6-Month CD Rates in Oklahoma

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

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1. 90 days of simple interest based on the principal amount withdrawn for terms 6 months to 1 year
2. 180 days of simple interest based on the principal amount withdrawn for the term greater than 1 year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

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- The amount can be withdrawn early by paying an early withdrawal penalty amount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.

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

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.

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

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.

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

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.

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