MyBankTracker rated Arvest Bank based on the following criteria that includes real customer reviews and bank fees, among others. Our bank report card is a proprietary rating system that highlights the financial health and stability of the bank.
Only choose this bank if you want to be repeatedly inconveneinced. We have had debit cards cancelled with no warning leaving me straded away from home with no way to buy gas (I rarely carry cash), fees charged out of the blue (we did eventually get the money back), accounts with a balance cancelled for nonactivity even though they send a statement every month as though nothing was wrong, etc...
After having enough money in the bank to make the purchase, thay declined our request for a car loan. Of course we have NO credit (not bad) except our mortgage (which has never been late)since we choose to save for all our purchases instead of paying interest, but apparently they do not take into consideration the 8 years of loyalty our family has given them. They told us they could only give us the loan if we gave them the ENTIRE purchase price of the car to lock into one of their CD's (at the lowest rate in town) which would tie up our savings leaving us no choice but to get a loan if we had an emergency. (sound a bit fishy?)
Needless to say, this bank has put us through a lot. It takes a lot of time and work to change banks and that is the ONLY reason we have banked with them this long. Do yourself and choose a different bank.
Closing my account today and pursuing Arvest bank for fraudulent activities. was contacted by Arvest on Sunday of Memorial Day letting me know their system had detected possible fraud connected to my Debit card. When lady said the computer flagged a purchase made at Wal-Mart about 2 hours from where I live, I immediately said it wasn't me, I work Tuesday through Friday straight through 9-7 all day Saturdays spend Sunday with my husband and kids and for last few months have spent Mondays taking my kids from doctor to doctor...if I leave my usual 5 mile radius it's to see my mom about 20 minutes away, she continued to tell me that there was a charge for about $20 then only minutes later they tried to make a second purchase for about $500; these 2 things triggered computer to block all transactions not requiring my pin due to activity being outside my normal spending area and the transactions being close together. She said that's common, thieves try a small transaction to make sure it works then try a large purchase, fortunately they declined second purchase. I was very thankful as a small business owner and parent that my bank had caught this fraud! I was then directed to a gentleman that cancelled my old card, issued a new one and submitted the dispute. Within a week my new card arrived and shredded the old.
That's where my gratitude ends.
I got a letter stating the temporary refund would be removed from my account because their investigation showed no proof that it wasn't a ligitimate charge. What?! I called to see what was going on and was turned from victim to thief. The girl told me the dispute department told her my card was present and wasn't a counterfeit card. I didn't drive 2 hours to shop at Wal-mart in between clients and taking son for weekly allergy shots. I sure wouldn't spend $20 then try to spend $500. I was told I'll have to prove it wasn't me for them to cont. investigating. I told the girl I needed to hear from dispute dept. by 5 Friday. No
This bank has the worst customer service i have ever experience! I will never return there. This is why i love regions! There fast friendly greet you by your name no rude attitude, long wait in line