Advantage 55 Checking

You've worked hard in life, and you deserve a checking account that makes things a bit easier. Our Advantage 55 Checking account is interest bearing and includes extra perks.

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Designed Specifically for Our 55-and-Over Clients

Our Advantage 55 Checking account has lots of extras for our mature clients to enjoy. Whether you're still working or already enjoying your retirement, Advantage 55 Checking can help you with perks like free checks, a special CD for medical emergencies and preferred pricing on loans and deposits.

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Bank with Convenience — And Excellent Customer Service

With Advantage 55 Checking, you'll have free access to more than 400 ATMs Statewide, including all Tulsa-area QuikTrip ATMs and all Oklahoma City-area 7-Eleven ATMs, or you can bank right from your home, with Online or Mobile Banking. If you have any questions, you can reach a live-banker on the phone at our ExpressBank.

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Stretch Your Money Further

Even if you've stopped working, your money should keep working for you. With Advantage 55 Checking, it will — you'll automatically earn interest on your checking account balance. Plus, you'll earn an extra 0.10% on any new Bank of Oklahoma CDs you open.

Reward Yourself with Lots of Free Perks

With your Advantage 55 Checking account, you'll get plenty of extra perks like free checks, a 0.25% discount on new Bank of Oklahoma loans and a free small safe deposit box. You'll also be able to designate one CD as an Emergency Medical CD, where funds can be removed without penalty if they are used for emergency medical costs.

Current Rates for Advantage 55 Checking

All rates are variable except CDs and may change after the account is opened. Fees may reduce earnings. CD rates are fixed for the term of the CD. Unless otherwise stated, penalties are assessed for early withdrawals from Regular CDs. We reserve the right to limit the amount of deposit. The rates above are applicable only to personal accounts. For business and other non-personal account interest rate information, please contact our ExpressBank.

Term Interest Rate APY *
$0 - 9,999 0.01% 0.01%
$10,000 - 49,999 0.01% 0.01%
$50,000 + 0.01% 0.01%

Important Information

*APY = Annual Percentage Yield

Advantage 55 Checking account benefits include:

  • Unlimited check writing
  • Free online and mobile bill pay
  • QuickSave
  • Free Visa debit card
  • Earn an extra 0.10% on your new Bank of Oklahoma CDs
  • Free check images with your monthly statement
  • Free online and mobile banking
  • One overdraft fee refund per year
  • Overdraft protection
  • No monthly fee as long as minimum requirements are met
  • Free incoming wires and outgoing wires
  • Free money orders
  • A low $50 opening deposit required

Monthly Fees

The monthly service fee ($10) can be avoided with a total average collected combined balance of $5,000 for the month. May be combined balance in any combination of the following personal accounts: checking, money markets, savings, CDs, IRAs, installment loans, lines of credit and a first mortgage from Bank of Oklahoma Mortgage.

Account Details

1.  Tiered rates compounded and paid monthly. Maintain a daily collected balance according to the tiers to obtain the disclosed annual percentage yield.
2.  Advantage 55 clients may designate one CD as an Emergency Medical CD, from which they may withdraw funds without penalty in the event of a medical emergency.
3.  Discount applies to the Interest Rate at the time of application. Payment must be automatically debited from a Bank of Oklahoma checking account. Loan discounts do not apply to all types of loans and are applicable for new loans only. Some restrictions apply. All offers subject to credit approval.
4.  Advantage 55 clients can receive an additional .10% when you link your new CD to your Advantage Checking 55 account. This premium does not apply to CDs opened before your Advantage 55 account was opened or upgraded to Advantage 55. If you close your account or change the product type from Advantage 55, the .10% premium may not apply. All other terms and conditions regarding the CD apply.
5.  The monthly service fee ($10) can be avoided with a total average collected combined balance of $5,000 for the month. May be combined balance in any combination of the following personal accounts: Checking, money markets, savings, CDs, IRAs, installment loans, lines of credit and a first mortgage from Bank of Oklahoma Mortgage.
6.  Automatic transfers from your savings or money market account for a nominal transfer fee. Subject to withdrawal limitations.
7.  Advantage 55 clients pay no annual rental fee for small box. Subject to availability.

How It Works: Emergency Medical CDs

CDs are Certificates of Deposit, long- or short-term savings vehicles that guarantee a certain interest rate when you leave your money in them for a fixed period of time. The interest rates are higher than most savings accounts, and Bank of Oklahoma has many flexible terms ranging from seven days to seven years.

Advantage 55 clients may designate one CD as an Emergency Medical CD, from which they may withdraw funds without penalty in the event of a medical emergency. While CDs usually charge a penalty for withdrawing money before the CD's term is over, on this account, you can rest assured you will have access to your money in case of a medical emergency. Get the security of a savings account while earning higher yields with a guaranteed interest rate when you leave your money in for a fixed period of time.

Have a look at our current interest rates to find out which CD is right for you, and then call our ExpressBank at (800) 234-6181 or stop by one of our banking centers to open one today. Please note that our CDs have a minimum balance requirement for opening: $1,000 Fixed Term CDs $5,000 Promotional CDs $100,000 Jumbo CD

Frequently Asked Questions

Got questions? We've got answers. And, if you don't find what you're looking for, sign in to Online Banking and visit our Actions and Tools menu to send us a Secure Message or call us at (800) 234-6181.

Can I order checks online?

Absolutely. Just visit our ordering page. There, you can customize your checks with different designs and formats, and order as many as you need.

Where can I find my ABA routing number?

The Bank of Oklahoma Routing Number is: 103900036. You can also find it on your Bank of Oklahoma checks in the location shown below:

 

What is Online and Mobile Bill Pay?

Bill Pay is a service that lets you pay your bills from your computer or mobile device, without having to write or mail a check. It's easy and fast, and can even be set up to pay recurring bills automatically. No checks to write, no envelopes to address and no stamps to lick. Learn more about Online Bill Pay today.

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