Make Back to School Shopping Affordable

Wednesday, August 01 at 02:00 PM
Category: Personal Finance

As the school year approaches, so does your annual school supply shopping trip. While pencils and paper are a necessary part of your child’s educational experience, the cost of supplies can add up quickly.

Don’t get overwhelmed by the growing shopping bill! There are several things you can do right now to make sure your total doesn’t break the bank.

Check out Credit Card Rewards

Did you know you can get a $100 rewards bonus by simply opening a new credit card account with Arvest Bank? Use the credit card on your back to school shopping trip, and earn Arvest Flex Rewards on all purchases.

This opportunity has something for everyone! Check out the options online and find the right credit card to fit your lifestyle.

Plan Ahead

Be on the lookout for online sales or sales tax holidays, which can help you stick to your budget. Often, stores run out of high-demand supplies or brand name clothing as school approaches. Forbes* recommends buying those items early in the summer to avoid last-minute stress.

Some states offer sales tax holidays on school supplies and clothing. Check to see if your state is listed*, and mark your calendar now so you can take advantage of the savings. Use your credit card on the shopping trip and earn rewards points on top of the already great deals!

Be Willing to Wait

In addition to looking for deals ahead of time, Consumer Reports* suggests staggering purchases. Consider buying your child one new outfit when school starts and waiting until October or November to invest in the rest of their wardrobe.

The best deals will be available later in the year, and your child will have time to decide what clothes they really want to buy! Don’t worry, you won’t miss out on your credit card rewards points, but you will miss the back to school frenzy at the mall.

Buy More for Less

It’s no secret that buying in bulk is often the cheaper option and the same is true when it comes to school supplies. If the bulk price seems too high and the item quantity excessive, Money Crashers* suggests coordinating with other parents who are buying the same school supplies. Split the cost and the supplies and everyone wins! Plus, if you volunteer to use your credit card to purchase the supplies, you’ll earn points which can be redeemed for cash back or statement credit at a later date.

Limit Spending on Trends

While cartoon character-themed backpacks and trendy clothing may be tempting, the appeal can quickly fade and result in wasted money. Instead, The Penny Hoarder* suggests buying generic supplies when possible. Encourage your child to be creative and decorate the blank covers of their notebooks and binders!

Specialty items don’t have to be entirely off limits! Money Crashers* recommends limiting your child to two character-themed items and allowing them to choose their favorites. Your child will get the fun school supplies they want and you’ll get rewards points when you use your credit card at check out!

The views of this article are for general information use only. Please contact and speak with a subject expert or your banker when specific advice is needed.

*Link is a third-party site not operated or endorsed by Arvest Bank, an FDIC-insured institution.



Tags: Budgeting

Arvest Equipment Finance

Wednesday, August 01 at 12:00 PM
Category: Personal Finance

Time to upgrade your farm equipment? Arvest is ready to help you grow, with rates as low as 4.9 percent. But hurry, this offer won’t last long! Visit us for help with your new or used equipment purchase, call 417-627-8000 today! 

Promotional rates available for the purchase of new or used qualified business equipment. Poultry house equipment is excluded from this promotion. New purchase money loans or refinances new to Arvest only. Refinances or renewals of current Arvest loans do not qualify. Loans to Commercial borrowers only. A $375 processing fee will apply; additional filing fees may apply. Loans must be a minimum of $10,000 and up to a maximum of $150,000 to be eligible. Promotional rates and loan terms for qualified borrowers are as follows: (1) 4.49% fixed-rate for a three year term; (2) 4.99% fixed-rate for a four to five year term. Varying payment options available depending on equipment type and condition: monthly, quarterly, semi-annually, or annual. Offer valid for applications received from July 1st, 2018 – October 1st, 2018. All loans are subject to credit approval. Rates available at all Arvest locations. 

Member FDIC


Shop For More Than Back-to-School Deals

Thursday, July 19 at 09:00 AM
Category: Personal Finance

Late summer and early fall are great times to save on the essential supplies for schools and offices, with deals on everything from paper to personal computers. It’s also a great time to make end-of-summer, stock-up and big-ticket purchases that don’t involve the school books. Here are some items you may want to consider purchasing within the next few months.

Big-ticket items. As companies prepare to unveil new models for the coming year, they’re also more than ready to offload the current year’s inventory. This can mean savings on big purchases such as:

  • Vehicles
  • Appliances
  • Mattresses
  • Cell phones
  • Lawnmowers
  • Tools
  • Bicycles

Do your homework on which dealerships, brands and stores are offering the deepest discounts and don’t be afraid to ask about add-ins or additional features that normally cost extra. Dealerships and even big-box stores are typically happy to discuss price options in order to quickly switch over inventory.

Stock up for next summer. Take the time to anticipate what you may need next summer, while being cautious about buying certain items or sizes that might not work out - such as for rapidly growing children. Here are a few ideas:

  • Warm-weather clothing
  • Summer accessories like hats and sunglasses
  • Swimsuits
  • Footwear
  • Summer home gear: air conditioners, dehumidifiers and fans

These summer favorites will see significant discounts to make room for fall attire and items for the holiday season.

Traveling soon? Speaking of the upcoming holiday season, it’s time to begin booking airfare for out-of-state and international trips. A good rule of thumb is to purchase your tickets two months in advance and compare prices on multiple well-known travel sites. Be sure to read the fine print for blackout dates, cancellation options and other special policies.

School and miscellaneous supplies. It’s called back-to-school shopping for a reason. Watch for deals on supplies for the kids, your home office and similar items. Dorm room sales are great for basic home purchases on small kitchen appliances, linens, storage containers and more. Consider using coupon and other cash back apps to help boost your savings even more. Similar to airfare, read the fine print to ensure you aren’t spending more to only save a little.

Be prepared. Write out ahead of time what you’re hoping to purchase and your ideal budget. It’s easy to get caught up in the deals and promotions and you may end up overspending and buying items you have no real use for.

Finally, don’t forget to take advantage, when possible, of your state’s tax-free weekend.

Tax free weekends by state:

Arkansas will begin on Saturday, August 4 and end on Sunday, August 5

Missouri will begin on Friday, August 3 and end on Sunday, August 5

Oklahoma will begin on Friday, August 3 and end on Sunday, August 5




Tags: Financial Education

Asked to pay by gift card? It’s a Scam!

Tuesday, July 17 at 09:00 AM
Category: Personal Finance

Arvest Bank is warning consumers about scams related to gift cards.

According to the Federal Trade Commission (FTC), many people are being targeted by scammers asking for payment in the form of gift cards. These scammers may call people claiming to be with the IRS, or tech support, or a so-called family member in need. If you’ve gotten a call like this, you know that the caller will then demand the gift card numbers and PIN.

And, poof, your money is gone.

Scammers are good at convincing people there really is an emergency, so lots of people have made the trip to local merchants to buy gift cards to send these callers. And scammers love gift cards – it’s one of their favorite ways to get your money. These cards are like giving cash – and nearly untraceable, unless you act almost immediately.

Here’s the most important thing for you to know: anyone who demands payment by gift card is always a scammer.

Gift cards are for gifts, not payments. If you’ve bought a gift card and lost money to someone who might be a scammer, tell the company who issued the card. (The contact info might be on the card, but might require some research). Tell them their card was used in a scam. If you act quickly enough, they might be able to get your money back. But – either way – it’s important that they know what happened to you. And then please tell the FTC about your loss by visiting*. Your report helps the FTC try to shut the scammers down.

How to Report Fraud Related to Your Arvest Accounts

  • To report Identity Theft, financial fraud or an unauthorized transaction in your account, please contact Customer Service immediately at (866) 952-9523.

  • To report a lost or stolen credit, debit or ATM card, please contact Customer Service immediately at (866) 952-9523 or by using our Contact Us page.

  • To report a suspicious email, phone call or text message, please forward the suspicious email to, or send a message to:

Source: FTC

Links marked with * go to a third-party site not operated or endorsed by Arvest Bank, an FDIC-insured institution.




Tags: Financial Education, Fraud Alert, Gift Cards, Privacy and Security

10 Home Office Must Haves

Monday, April 16 at 02:00 PM
Category: Personal Finance

More and more U.S. workers are replacing their commutes for remote and flexible work environments these days.

In fact, telecommuting has grown 115 percent in the past decade, according to data from Global Workplace Analytics.* That increase has been due, at least in part, to the millennial generation. They have opted for telecommuting positions in order to achieve a healthy work-life balance, Forbes reports.*

There are many benefits of working from home, including reduced commuter costs and increased productivity.

If you're considering working from home, here are a few office staples you will need to ensure maximum success—and productivity:

  1. A dedicated work area. If possible, designate a separate room in your home, such as a spare bedroom or bonus room over your garage as your home office. This will ensure you have the quiet and privacy you need to work. It's also a good way to separate your workspace from your living space.

  2. A desk. Have a desk or a flat surface where you can place your computer and any paperwork. Today, office supply and furniture stores offer a range of desk types, including stand-up desks, which provide a healthier alternative to sitting all day.

  3. A good computer. If your company doesn't provide you with a computer, invest in a reliable one. You may want to consider purchasing a laptop, which will allow you to easily transport your work as needed.

  4. A printer. Consider investing in an all-in-one printer that will allow you to scan, fax, copy and print and help you save space.

  5. Internet access. For maximum productivity, be sure to get high speed Internet access.

  6. Filing/storage space. Consider purchasing a file cabinet to store important files or purchase baskets to store files under your desk.

  7. Good lighting. Make sure your work area gets proper light. If not, use a desk lamp.
  8. Surge protectors. Protect your work and computer from power outages.

  9. Document shredder. To ensure the confidentiality of your work, be sure to purchase a shredder and regularly shred important documents.

  10. A work-from-home wardrobe. Your wardrobe has an affect on the way you work and interact with your remote colleagues. Consider clothes that make you feel confident and ready for the day.

A well set-up office can go a long way in ensuring you remain productive, and effectively leverage the advantages of working from home.

Links marked with * go to a third-party site not operated or endorsed by Arvest Bank, an FDIC-insured institution.


Tags: Financial Education

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