Best Savings Accounts in Oklahoma of July 2021

Victoria Daniel

Are you in search of a savings account in Oklahoma?

Oklahoma is home to dozens of banks with a variety of online and traditional banking services to choose from. When selecting a banking service, consider a savings account that meets your needs and preferences.

If you are considering a high-yield savings account, make sure you select one with a higher annual percentage rate (APY). It is also important to keep in mind that the APY varies depending on the strength of the economy. Choose one that has remained relatively stable over long periods.

While the high-interest rate is the focal point, it is not the only factor to consider when selecting a high-yield savings account. The account fees, such as monthly and transactional fees, also play a significant role in making the final decision. High account fees usually reduce the net value of the returns earned. Look out for accounts with a high APY and low fees. Better yet, look for an account with the option to waive fees if certain minimums are maintained.

Other factors to consider are the customer service, ease of access, among others features. WalletBrain took a look at some of the best savings accounts in Oklahoma. Use our comprehensive review of our top picks and choose the most suitable fit for you today.

Axos Bank High Yield Savings Account

axos bank logo

$0

Monthly Fee

$250

Min. To Open

0.60%

Est. APY

Overview

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.

What we like

  • No monthly fees
  • Interest compounded daily
  • Free ATM card

What we don't

  • No physical branch
  • No sign up bonus
  • No rate tier, APY same regardless of balance

APY ranges

Range APY
$0.01+ 0.60%

Account Fees & Information

  • Monthly Fee$0
  • Min. To Open$250
  • Min. Deposit For No Fee$0
  • CompoundedDaily
  • State RestrictionsNone

ATM & Debit Card

  • Monthly Transaction Limits6
  • Excessive Transaction Fee$10+
  • ATM FeesDepends on ATM
  • Debit Card UseAllowed

CIT Bank Savings Account

cit bank logo

$0

Monthly Fee

$100

Min. To Open

0.45%

Est. APY

Overview

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.

What we like

  • No monthly fees
  • Deposit $100 a month to receive higher APY
  • One of the top APYs around

What we don't

  • No sign up bonuses
  • No physical branch locations
  • No ATM card

APY ranges

Range APY
$1 - $24,999.99 0.30%
$25,000+ 0.45%

Account Fees & Information

  • Monthly Fee$0
  • Min. To Open$100
  • Min. Deposit For No Fee$0
  • CompoundedDaily
  • State RestrictionsNone

ATM & Debit Card

  • Monthly Transaction Limits6
  • Excessive Transaction Fee$10+
  • ATM FeesDepends on ATM
  • Debit Card UseAllowed