Arvest Preferred Club Checking Account

Arvest Preferred Club Checking Account Review

Arvest Preferred Club Checking Account is offered by Arvest Bank, a bank founded in 1961 and based in Fayetteville, AR. Arvest Preferred Club Checking Account is available in 50 states (and Washington, DC).

Key Takeaways

• Low APY. The maximum annual percentage yield for this account is only 0.02%.
• Charges a monthly fee. This account charges a monthly service fee of up to $18.
• Bill pay. Pay your bills to practically anyone in the United States through Arvest Bank.

Arvest Preferred Club Checking Account Pros & Cons

Arvest Preferred Club Checking Account FAQ

Are checking accounts from Arvest Bank federally insured?

Yes, this account is insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #8728). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Arvest Preferred Club Checking Account offer?

Arvest Preferred Club Checking Account offers an APY of 0.02% (APY stands for annual percentage yield, rates may change). However, to earn interest account holders must keep an average beginning day balance of $50.

What are the account minimums for Arvest Preferred Club Checking Account?

Arvest Preferred Club Checking Account requires a minimum initial deposit of $50 to open an account.

What fees does Arvest Preferred Club Checking Account charge?

This account charges a monthly service fee of up to $18.

Does Arvest Preferred Club Checking Account charge overdraft fees?

Arvest Preferred Club Checking Account offers overdraft protection at a cost of $10 per transaction.

What features and perks does Arvest Preferred Club Checking Account offer?

This account includes the following features:

• Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
• Fraud monitoring - Arvest Preferred Club Checking Account monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
• Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - Arvest Preferred Club Checking Account allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.

What is the customer support email for Arvest Preferred Club Checking Account?

The customer support email for Arvest Preferred Club Checking Account is interact@arvest.com.