If you are looking for a savings account in Arkansas, we are here to help.
Arkansas has dozens of banks that offer high-yield savings accounts to its residents. Whether you prefer online or in-person banking, there is a wide variety of banking services to choose from.
When selecting the best account for you, look for one with the highest annual percentage yield (APY). Consider other factors like introductory rates, minimum balance, accessibility to your money and account information.
It is important to keep in mind that a high APY does not necessarily result in high returns. For example, some accounts have a high APY, with high monthly fees, and minimum initial deposit and balance requirements. Remember to weigh out the return on investment and the cost for account maintenance.
Knowing your individual preferences and saving habits will help to narrow down and focus your search on features that will work in your favour. For example, if you prefer using your mobile to complete transactions, a high-yield savings account with a robust mobile application would be an ideal choice for you.
To find some of the best savings accounts in Arkansas, we compared factors such as APY, minimum balance requirements, convenience, and security. Use our list to choose an account that is most suitable fit for your financial needs.
This savings account will provide a flat APY regardless of your balance, and you won't worry about monthly fees. A great perk with this account is you can request a free ATM card.
This savings builder account is unique where you need to deposit $100 a month to get the highest APY. If you don't deposit $100+ a month, then you need to maintain $25,000 in the account.
If you don't do either, you won't receive the higher end APY. It's best to go by depositing $100 a month because you will have accumulated a significant balance in a few years without realizing it.
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