If you’re looking for the best CD rates in your area, you may be overwhelmed by the number of options. We’re here to help, with our list of the best CD rates in Oklahoma.

Find the best banks in Oklahoma here.

Best 6-Month CD Rates in Oklahoma

4.0
Our Rating

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
Our Rating

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    1. 90 days of simple interest based on the principal amount withdrawn for terms 6 months to 1 year
    2. 180 days of simple interest based on the principal amount withdrawn for the term greater than 1 year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
Our Rating
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  • The amount can be withdrawn early by paying an early withdrawal penalty amount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
Our Rating

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
Our Rating

Bank or Credit Union Name: America’s 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
Our Rating

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
Our Rating

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
Our Rating

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
Our Rating
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
Our Rating

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