The Best Fixed Annuity and CD Rates in Arkansas (September 2023)

Shawn Plummer

CEO, The Annuity Expert

From the sweeping vistas of the Ozarks to the bustling streets of Little Rock, Arkansas, it offers many opportunities to grow your savings. This comparison is your navigational guide as you shop and compare the state’s best certificates of deposit rates, savings account rates, money market account best rates, and fixed interest rate annuity. Whether your money is placed in large-scale banks, local credit unions, or the convenient world of online banking, our objective is to clear the path toward your financial growth. We’re committed to decoding Arkansas’s financial landscape, arming you with the necessary knowledge to maximize interest rates and increase your savings. With this guide, traversing Arkansas’s financial terrain becomes less of an enigma and more of an engaging quest toward enhancing your wealth.

Confused About Annuities?

Are you new to annuities and unsure where to begin? Visit our Annuity Learning Lab for expert guidance and insights.

Earn The Highest Interest Rates On Savings Today

Fixed annuities are almost identical to Certificates of Deposit (CDs) accounts and provide higher interest rates and penalty-free withdrawals for income.

TermInsurance CompanyAPY
N/AMoney Market Account – Optimum Bank5.26%
N/AMoney Market Account – FVC Bank5.26%
N/ASavings Account – CloudBank 24/7 5.26%
12 MonthsBread Savings CD5.50%
48 MonthsClear Spring Fixed Annuity5.15%
5 YearsAthene Fixed Annuity5.30%
10 YearsEquitrust Fixed Annuity6.00%
*Fixed annuities are only for saving money to use in retirement.

Disclaimer: This is a review. The Annuity Expert is not associated with a bank or credit union. However, fixed annuities are sold at most financial institutions. We aim to help you find the highest interest rates for your retirement savings. We may receive a small referral fee if you purchase something using a link in this guide.

Find And Compare The Highest Interest Rates

Find the highest interest rates for your savings, ranging from 3 months to 10 years, all in one place.

The Best Fixed Annuity Rates In Arkansas

Fixed annuities are a popular option for people looking to save for the future, as they offer a guaranteed rate of return over a set period of time. If you’re looking for the best-fixed annuity rates in Arkansas, there are a few things to keep in mind.

  • Consider the length of the annuity. The longer the annuity, the higher the rate of return is likely to be.
  • Check the credit rating of the insurance company offering the annuity. Higher-rated companies are more likely to offer better rates.
  • Compare rates from multiple companies to ensure you get the best deal.
  • Keep an eye out for special promotions or bonuses that may be available.

Disclaimer: Products are subject to state availability. Please inquire below for details.

The Best CD Rates In Arkansas

Certificates of deposit, or CDs, are another popular option for people looking to grow their savings. If you’re interested in finding the best CD rates in Arkansas, here are a few things to keep in mind:

  • Shop around. Compare rates from multiple banks to ensure you get the best deal.
  • Consider the length of the CD. Longer-term CDs typically offer higher rates.
  • Check the FDIC insurance status of the bank offering the CD. This ensures that your deposit is protected in case of a bank failure.

3-Month CD Rates

Banks and credit unions have the highest CD rates for three months.

Best 3-Month CD RatesRateTermMinimum
Ponce Bank5.30% APY3 Months$1.00
Oklahoma State Bank5.35% APY3 Months$1.00
Western Alliance Bank5.21% APY3 Months$1.00

6-Month CD Rates

The following banks and credit unions have the highest CD rates for six months.

Best 6-Month CD RatesRateTermMinimum
Western Alliance Bank5.41% APY6 Months$1.00
Oklahoma State Bank5.40% APY6 Months$1.00
Generations Bank5.41% APY6 Months$1.00

1-Year CD Rates

The following banks and credit unions have the highest CD rates for 12 months.

Best 12-Month CD RatesRateTermMinimum
Western Alliance Bank5.51% APY12 Months$1.00
Bread Savings5.50% APY12 Months$1,500.00
Connexus Credit Union5.50% APY12 Months$1.00

2-Year CD Rates

Banks and credit unions have the highest CD rates for 24 months.

Best 2-Year CD RatesRateTermMinimum
Connexus Credit Union4.95% APY24 Months$1.00
Idabel National Bank4.90% APY24 Months$1.00
Bread Savings5.00% APY24 Months$1,500.00

3-Year CD Rates

Banks and credit unions have the highest CD rates for 36 months.

Best 3-Year CD RatesRateTermMinimum
Valley Bank5.60% APY36 Months$500.00
Bread Savings4.75% APY36 Months$1,500.00
The State Exchange Bank4.70% APY36 Months$1.00

4-Year CD Rates

The following banks and credit unions have the highest CD rates for 48 months.

Best 4-Year CD RatesRateTermMinimum
Bread Savings4.50% APY48 Months$1,500.00
The State Exchange Bank4.50% APY48 Months$1.00
Barclays4.45% APY48 Months$0.00

5-Year CD Rates

Banks and credit unions have the highest CD rates for 60 months.

Best 5-Year CD RatesRateTermMinimum
Bread Savings4.50% APY60 Months$1,500.00
Barclays4.50% APY60 Months$0.00
The State Exchange Bank4.35% APY60 Months$1.00
Best And Highest Cd, Annuity, Savings, Money Market Rates In Arkansas

Maximizing Your Savings with the Best Fixed Annuity and CD Rates in Arkansas

By combining the best fixed annuity and CD rates in Arkansas, you can maximize your savings and achieve your financial goals. Here are some tips to help you do just that:

  • Consider laddering your CDs. This means buying CDs with varying maturity dates so you can access some of your money sooner while still earning a higher rate on the longer-term CDs.
  • Consider a combination of fixed annuities and CDs to diversify your savings portfolio.
  • Keep an eye on interest rates and be prepared to move your money to a higher-yielding option if necessary.

Next Steps

In conclusion, investing in fixed annuities and CDs can be a secure way to grow your savings and lock in a great rate of return. Being up-to-date on the current rates provided by financial institutions in Arkansas and understanding the different options available can help ensure you get the best deal possible.

We’re here to assist you if you want a fixed annuity or CD. We can provide quotes to find the best rates and terms to match your needs – so go ahead and contact us today! By taking advantage of this information, you’ll be well to finding the best solution for your investment goals.

The Best Cd Rates In Arkansas. The Best Fixed Annuity Rates In Arkansas (Ar).

Request A Quote

Get help from a licensed financial professional. This service is free of charge.

Contact Us
First
Last

Disclaimer: I may receive a small referral fee if you purchase something using a link in this guide.

Shawn Plummer

CEO, The Annuity Expert

I’m a licensed financial professional focusing on annuities and insurance for more than a decade. My former role was training financial advisors, including for a Fortune Global 500 insurance company. I’ve been featured in Time Magazine, Yahoo! Finance, MSN, SmartAsset, Entrepreneur, Bloomberg, The Simple Dollar, U.S. News and World Report, and Women’s Health Magazine.

The Annuity Expert is an online insurance agency servicing consumers across the United States. My goal is to help you take the guesswork out of retirement planning or find the best insurance coverage at the cheapest rates for you. 

Scroll to Top