The Best Fixed Annuity and CD Rates in Arkansas (April 2024)

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

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.

Our Favorite Rates To Grow Your Money

TermSavings AccountInstitutionAPY
N/AMoney Market AccountUNCLE Credit Union5.26%
N/ASavings AccountCloudbank 2475.26%
12 MonthsCDBread Savings5.25%
5 YearsFixed AnnuityWichita National6.30%

Disclaimer: This is a comparison review. The Annuity Expert is not associated with a bank or credit union. We aim to help you find the highest interest rates for your savings. We may receive a small referral fee if you purchase something using a link in this guide.

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 Bank5.25% APY3 Months$1.00
Total Direct Bank5.42% APY3 Months$25,000.00
Western Alliance Bank5.26% 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
American Airlines Federal Credit Union5.50% APY6 Months$1,000.00
My eBanc5.49% APY6 Months$50,000.00
Newtek Bank5.55% APY6 Months$50,000.00

1-Year CD Rates

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

Best 12-Month CD RatesRateTermMinimum
Broadway Bank5.60% APY12 Months$500,000.00
Nex Bank5.40% APY12 Months$25,000.00
Apple Federal Credit Union5.40% APY12 Months$500.00

2-Year CD Rates

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

Best 2-Year CD RatesRateTermMinimum
Mountain Credit Union5.00% APY24 Months$2,500.00
Eastman Credit Union5.40% APY24 Months$1,000.00
Credit Human4.75% APY24 Months$500.00

3-Year CD Rates

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

Best 3-Year CD RatesRateTermMinimum
Mountain Credit Union5.15% APY36 Months$2,500.00
Hughes Federal Credit Union4.97% APY36 Months$99,000.00
Lafayette Federal Credit Union4.58% APY36 Months$100,000.00

4-Year CD Rates

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

Best 4-Year CD RatesRateTermMinimum
Bread Savings4.15% APY48 Months$1,500.00
NexBank4.45% APY48 Months$10,000.00
Fedchoice Federal Credit Union4.15% APY48 Months$500.00

5-Year CD Rates

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

Best 5-Year CD RatesRateTermMinimum
Quontic4.30% APY60 Months$500.00
Lafayette Federal Credit Union4.37% APY60 Months$100,000.00
Virginia Credit Union4.48% APY60 Months$100,000.00
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).

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

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Shawn Plummer is a Chartered Retirement Planning Counselor, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

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

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