TAB; Alyssa Powell/Business Insider
TAB, or Transportation Alliance Bank (Member FDIC), offers some products specifically for truck drivers, but for the most part, it’s an online bank available to the general public.
The TAB High-Yield Savings Account is its strongest product, with a high APY, no mandatory opening deposit, and no monthly service fees.
The bank also has good CDs, with competitive rates and relatively low early withdrawal penalties.
The weak link is the TAB Bank 365 Checking Account, because there are no free ATMs or overdraft protection options, and you’ll pay $30 when you overdraw.
See Business Insider’s picks for the best checking accounts »
Table of Contents: Masthead Sticky
Is TAB Bank right for you?
You might like banking with TAB if you:
Are comfortable banking digitally
Want to earn a high APY on savings and CDs
Are looking for a savings or money market account with no monthly fees
Are a truck driver who wants a checking account tailored for your profession
Want a money market account with paper checks
You might not like banking with TAB if you:See the rest of the story at Business Insider
See Also:
Barclays Bank review: No monthly service fees or minimum opening deposits for online accountsThe best CD rates of August 2020The best 1-year CD rates for August 2020
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