TAB Save High Yield Savings

TAB Bank (Transportation Alliance Bank) is an FDIC-insured online bank based in Ogden, Utah that began in 1998 as a banking service for truckers and now offers nationwide consumer deposit accounts. Its TAB Save high-yield savings account listed 3.61% APY, with rates effective August 11, 2026 posted on the bank's site. We could not re-read the page on October 14, 2026, because tabbank.com blocked automated access. Entry costs nothing: there is no minimum deposit to open, a penny is enough to earn the advertised rate, and there is no monthly maintenance fee or balance cap, so large balances earn the full rate. TAB also suspended its old six-withdrawal monthly limit after Regulation D changed during the pandemic, so there was no excess-withdrawal fee in the terms we last read in August 2026. The fee schedule bites only when you need paper or wires: in the schedule we last read, outgoing wire transfers cost $30, official checks $15, and a returned deposit item $30. There is no ATM card attached to the savings account, so cash access requires pairing it with TAB's checking products. TAB Spend, the rewards checking account, paid 1.00% cash back on purchases plus 2.75% APY as of August 2026, and transfers between TAB Save and TAB Spend are instant. Note that TAB has no ATM network of its own, so third-party ATM fees can apply on the checking side. The rate is variable and can change at TAB's discretion without notice, so confirm the current figure on tabbank.com before opening. TAB Save suits savers who want zero minimums, zero monthly fees, and no excess-withdrawal fee from a bank that also offers checking, money market, and CD options under one login. Skip it if you want an ATM card tied directly to savings or prefer a bank with branches: TAB is an online bank.