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Making dreams more affordable.

Affordable Advantage from Simmons Bank

Affordable Advantage

With Simmons' Affordable Advantage options for Checking, Mortgage and Home Improvement Loans, keep your spending on track and realize your dream of homeownership with our most flexible and cost-effective accounts. Take the first step by talking to one of our associates to learn more.

Affordable Advantage Checking

Affordable Advantage Checking is perfect for the customer who keeps a lower balance and wants all the basic transaction capabilities while protecting yourself from overdrafts. To help keep track of spending, Affordable Advantage Checking uses a debit card instead of paper checks.

  • $25 Minimum Balance to Open
  • $5 Monthly Service Charge
  • $2 Paper Statement Fee (waived when enrolled in eStatements; statements include images)
  • Customizable Mobile App
  • Debit Card{7}

Affordable Advantage Mortgage

Owning a home may be easier than you think. An Affordable Advantage Mortgage offers flexible credit terms and a low down payment making it perfect for those who meet a certain income requirement and are either purchasing property or looking to refinance.

  • 3% Down Payment
  • Low Fixed Interest Rate
  • Flexible Credit Terms
  • No PMI (Private Mortgage Insurance)

Affordable Advantage Home Improvement Loan

Your home has given you many things - a place to raise your kids, celebrate the holidays and enjoy the good times. When it's time to give back, the Affordable Advantage Home Improvement Loan can help. It's designed for small home repairs between $5,000 and $20,000 with a fixed rate.

  • Loan Amounts Between $5,000 - $20,000
  • Low Fixed Interest Rate
  • Flexible Credit Terms
Ready to apply?

​Applying for a Simmons Bank Affordable Advantage account is simple. When you apply with a Simmons Bank associate, you’ll need to gather a few things:

  • Basic Financial Information
  • Social Security Number
  • Employer Information
  • {97} Benefits and features are subject to customer qualification and approval by Simmons Bank.
  • {166} Subject to credit approval.
  • {119} Income restrictions apply.
  • {7} Simmons Bank Debit Card issuance is subject to customer qualification and approval by Simmons Bank.
  • {102} Debit Card Fraud Alerts Program: All Simmons Bank debit card accounts are automatically enrolled in the real-time Fraud Alerts Program and are being actively monitored. If fraudulent charges are suspected, the cardholder will receive an introductory text message from Simmons Bank that offers the opportunity to opt out of future alerts. It is the cardholder's responsibility to keep contact information current. Messaging frequency depends on account activity. For more information, text HELP to 32874. To cancel fraud text messaging services at any time, reply STOP to any alert from your mobile device. For Fraud Alerts support, call 1-866-795-9410. By giving us your mobile number, you agree that Fraud Alerts text messaging is authorized to notify you of suspected incidents of financial or identity fraud. Release of Liability: Alerts sent via SMS may not be delivered if phone is not in range of a transmission site, or if sufficient network capacity is not available. Even within coverage, factors beyond the control of the carrier and for which the carrier is not responsible may interfere with message delivery.