Earn above-average interest with TAB Bank, an online-only bank.

TAB Bank has assisted truckers with their financial requirements since its establishment, but it's not necessary to have a large vehicle or a CB radio to utilize its online banking services. TAB Bank provides competitive rates and customized services, making it an excellent option for anyone seeking a secure place to park their money.

Compare offers to find the right savings account

TAB Bank checking accounts

TAB Spend Bank Rewards

An interest-bearing account with cash back on debit card purchases, the TAB Spend Rewards Account, is a rare find among checking accounts. With no minimum deposit requirements or account fees, this account offers the best of both worlds.

Chrome Checking Account

This account is specifically tailored for truckers, making it easy to deposit alternative forms of payment commonly used in the transportation industry, such as Comcheks, T-cheks, and EFS checks. Unlike many other banks, you won't have to physically deposit these check types at a local branch with Chrome Checking. Instead, you can do it quickly and conveniently via phone or online, which is especially useful when you're always on the road.

To be eligible for the account, you must deposit at least $25 and maintain a minimum balance of $1 to receive a 0.10% APY.

TAB Bank savings accounts

TAB High Yield Savings

The TAB High Yield Savings account provides a competitive APY and does not charge monthly maintenance fees, minimum balance requirements, or balance caps, allowing you to save and earn without limitations.

Bank CDs

CDs offered by TAB Bank come with competitive rates and terms ranging from 12 months to 5 years. A minimum opening deposit of $1,000 is required, which is typical for many CDs and guarantees a good return on investment.

The CDs do not have any maintenance fees, but you will be subject to an early withdrawal penalty based on the CD term.

Money Market Account

Although TAB Bank's Money Market Account has decent rates, it falls short of the national average and our top picks. However, it has no monthly maintenance fees, a low minimum deposit of $25, and a minimal daily balance requirement of $0.01.

Other products offered

TAB Bank also offers a variety of other products, including:

• TAB Insurance
• Business Lending
• Business Banking

Compare offers to find the best checking account

How TAB Bank compares

TAB Bank provides competitive rates and low fees, making it an attractive option for truckers. Nevertheless, other banks offer higher rates or more convenient services that may be worth considering.

The LendingClub Rewards Checking Account and the LevelUp Savings Account are both top-notch accounts that offer various benefits. The Rewards Checking Account provides interest on balances over $2,500 and 1% unlimited cash back on qualifying debit card purchases. It requires a $25 minimum opening deposit but does not charge overdraft, maintenance, or ATM fees, and offers unlimited ATM fee rebates. On the other hand, the LevelUp Savings Account offers a competitive interest rate and no monthly fees, making it an excellent choice for those looking to save money without breaking the bank.

The LevelUp Savings Account provides a competitive APY, allowing you to maximize your savings with high returns, making it a great option if you're looking for a bank that offers both an interest-bearing checking account and a top-notch high-yield savings account, similar to TAB.

Barclays offers some of the highest CD rates on the market, surpassing Tab Bank's rates.

Why trust CNBC Select?

At CNBC Select, our goal is to deliver top-notch service journalism and in-depth consumer advice to our readers, enabling them to make well-informed decisions when it comes to their finances. Our banking reviews are the result of thorough reporting by our team of expert writers and editors, who possess extensive knowledge of banking products. While CNBC Select receives a commission from affiliate partners on many offers and links, we create all our content independently, without any input from our commercial team or external third parties. We uphold the highest journalistic standards and ethics in everything we do.

Stay up to date with CNBC Select's comprehensive coverage of credit cards, banking, and money by following us on TikTok, Facebook, Instagram, and Twitter.