Texas Capital Bank Review 2024
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At a glance
CDs
Checking
Savings
MMA
About Bankrate Score
Overview
Texas Capital Bank is best for consumers living in Texas. Most accounts come with no or low monthly service fees and several of its deposit accounts offer competitive yields.
Highlights
- ATM Fee Refunds
- Low Min Deposit
Offers featured here have been sponsored by our partners, which impacts how, where, and in what order the products appear.
These are sponsored offers rated highly by us for competitive rates, fees, and minimums.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 4.4/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate CD rating = 4.9/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate CD rating = 4.9/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Offers featured here have been sponsored by our partners, which impacts how, where, and in what order the products appear.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Overall
Texas Capital Bank is a commercial bank based in Dallas that offers consumer deposit products, credit cards and personal loans. A regional institution, Texas Capital offers competitive APYs on their CDs and high-yield savings accounts, though its interest-bearing checking account is a tad lackluster. While the bank is primarily headquartered in Texas, customers can get access to their money without fees using Allpoint ATMs scattered across the country.
Pros
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The bank offers competitive APYs for its CDs.
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Standard deposit products have low opening balance requirements.
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The bank has generous ATM access through its partnership with Allpoint.
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Texas Capital Bank has a big umbrella, with commercial services and one online-only banking division.
Cons
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If you don’t live in Texas and prefer in-person banking, this bank is not a good fit.
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The bank still charges overdraft fees.
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Some of Texas Capital Bank’s deposit products require gargantuan deposits to earn the highest yields.
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Texas Capital Bank banking products
Texas Capital Bank savings overview
The bank also offers another account, called the Star High-Yield Savings account, for which you don’t need a Texas residential address to open. It also doesn’t require a minimum opening balance and doesn’t come with a monthly fee. As its name suggests, customers who open this account will earn a very high yield on all balances. Only Texas residents can deposit more than $1 million into the savings account, at which point the APY you earn is slashed by more than half.
Pros
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There’s no minimum deposit to open either savings account at Texas Capital Bank.
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The high-yield account offers a very high rate.
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You don’t need a Texas residential address to open a Star High-Yield Savings account.
Cons
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There are banks that pay much higher APYs on base savings accounts.
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Only customers with a Texas residential address can open the Star Savings account.
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See how rates for this account have changed over time. Interact with the trend lines to view APY by date.
Texas Capital BankAPYAPY last updated between 5/7 and 5/13.APYAPY last updated between 5/7 and 5/13.National average APYHow do we get this data?Bankrate independently tracks hundreds of APYs and product details for banking institutions nationwide. We retain the historical data of every rate we track in our database. If there are any gaps where we weren’t actively tracking a rate at the time, the graph will reflect the missing data.
Offers featured here have been sponsored by our partners, which impacts how, where, and in what order the products appear.
This is a sponsored offer rated 4 stars or higher for competitive rate, fees, and minimums.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
APY, or annual percentage yield, is the yearly return on a bank or investment account.
Bankrate Savings rating = 4.4/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Bank fees
| Fee | Charged? |
|---|---|
| Overdraft fee | $15 |
| Non-sufficient funds fee | None |
| Monthly maintenance fees | $0 – $12 |
| Out-of-network ATM fee | None |
| Excessive transaction fee | None |
About Texas Capital Bank
Texas Capital Bank is an FDIC-insured commercial bank that offers personal banking products, including checking and savings accounts, CDs, money market accounts, credit cards and personal loans. It is headquartered in Dallas, with branches in Austin, Fort Worth, Plano, Dallas Richardson, Houston and San Antonio.
Texas Capital Bank has one online-only banking division: Bask Bank, which offers a savings account that earns American Airlines miles instead of interest.
Customer experience
Customer service. Customer support by phone is 24/7. You can also email the bank.
Digital experience. The bank has a mobile app that is highly rated among iOS and Android device users, but it's important to note that neither app has been reviewed by a significantly large number of users. Person-to-person payments can be made using Zelle. You can use your Texas Capital Bank-issued debit card at ATMs in the Pulse, Cirrus, Accel and Allpoint networks, but to avoid a service fee, use a Texas Capital Bank or Allpoint network ATM. The debit card works with Apple Pay and Google Pay.
Review methodology
We assign a score to each type of account and its features, weigh them carefully based on importance to account holders and determine an overall score. Read our full review methodology.
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