TAB Bank Review | The Ascent by Motley Fool

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TAB Bank is home to four checking accounts, including options to earn high-yield interest and cash back rewards. If you’re looking for an everyday spending account, TAB Bank has options to fit most customers’ needs.

Kasasa Cash Back

Kasasa Cash Back checking is a checking account that earns cash back for meeting monthly qualifications. The account has no deposit or balance requirements. TAB Bank doesn’t have its own ATM network, but this checking account offers ATM fee rebates up to $15 monthly. 

You’ll need to meet a few conditions to earn cash back. These include 15 debit card purchases and at least one direct deposit, ACH payment, or bill pay transaction each month. 

Kasasa Cash

Kasasa Cash checking is an interest-bearing checking account that earns a high-yield APY. The account features no monthly fees and no minimum deposit requirements. Customers that meet monthly requirements can qualify for two higher interest tiers depending on your account balance. Customers who don’t meet requirements still earn the base APY. 

Note: TAB Bank is currently not accepting new applications for Kasasa Cash checking accounts.

TAB Chrome Checking Account

TAB Chrome Checking Account is designed with truckers in mind. Since truck drivers receive various payment forms daily, the account allows deposits like Comcheks, T-cheks, and EFS checks by phone or online. 

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You can open a TAB Chrome Checking Account with a $25 minimum deposit. The TAB Chrome Checking Account is an interest-bearing account, earning a modest rate, but the real draw is its unique deposit structure and security for banking on the road.  

365 Checking 

TAB Bank 365 Checking account is also an interest-bearing account. It offers a modest APY for account holders. This account does have an $8 monthly maintenance fee, but it’s waivable by meeting monthly balance and transaction requirements. Note that TAB Bank charges ATM fees for holders of 365 Checking accounts who need cash on-the-go. You need a $25 deposit to open a 365 Checking account. 

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View more information: https://www.fool.com/the-ascent/banks/tab-bank-review/

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