Texas Capital Bank Review 2023
The Bankrate promise
At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict , this post may contain references to products from our partners. Here's an explanation for .
At a glance

CDs
Checking
Savings
MMA
About Bankrate Score
Overview
The bank is best for consumers who live in Texas seeking accounts with relatively low minimum deposit requirements.
Highlights
- ATM Fee Refunds

Bankrate Savings 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.

Bankrate Savings rating = 4.7/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.

Bankrate Savings rating = 4.7/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
Overall
Texas Capital Bank is a commercial bank based in Dallas that also offers consumer deposit products, credit cards and personal loans.
Pros
-
It offers a variety of consumer deposit products and checking accounts.
-
The bank has generous ATM access through its partnership with Allpoint.
-
Texas Capital Bank has a big umbrella, with commercial services and two online-only banking divisions.
Cons
-
If you don’t live in Texas and prefer in-person banking, this bank is not a good fit.
-
Yields on deposits are either so-so or below national averages.
Texas Capital Bank bank products
Texas Capital Bank savings overview
The bank also offers the Savings – Minor account for savers under age 16. It requires $25 to open, comes with a Visa debit card and pays the same APY as Consumer Savings.
Pros
-
The opening deposit requirements are reasonable.
-
Both savings account options come with a Visa debit card.
Cons
-
There are banks that pay much higher APYs on savings accounts.
-
You must maintain a daily balance of at least $500 in the Consumer Savings account to avoid the $5 monthly fee.
-
The Consumer Savings account allows only two withdrawals per month, or six per quarter.
-
There is a $2 fee for each savings account withdrawal that exceeds the limit.

Bankrate Savings 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.
Bank experience
Customer service by phone is available from 8 a.m. to 6 p.m. Central time, Monday through Friday. You can also email the bank. The bank has a mobile app that gets mixed reviews among iOS and Android device users. Person-to-person payments can be made using PayNow.
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.
About Texas Capital Bank
Texas Capital Bank is an FDIC-insured commercial bank that also offers personal banking products, including checking and savings accounts, CDs, money market accounts, credit cards and personal loans. It is headquartered in Dallas, with banking centers in Austin, Fort Worth, Houston, San Antonio and New York City.
Texas Capital Bank has two online-only banking divisions: Bask Bank, which offers a savings account that earns American Airlines miles instead of interest, and BankDirect, which offers consumer checking, savings and money market accounts and CDs.
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.