Available for residents in Texas, TBK Bank Money Market is offering 0.25% APY. Continue reading below to learn everything you need to know about TBK Bank and this account.
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TBK Bank Money Market Review
TBK Bank is headquartered in Dallas and is the 18th largest bank in the state of Texas. This bank has a long lasting history, being established in 1981. Even though this bank is only in Texas, there are a good amount of locations, 62 to be exact.
In addition to the rate from this bank, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
I’ll review TBK Bank Money Market below.
TBK Bank Money Market Rate
To earn TBK Bank’s money market rate, you must have a minimum balance of $100,000. To actually open the account, you will need $1,500.
- What you’ll get: 0.25% APY
- Eligible account: Money Market
- Credit inquiry: Unknown
- Where it’s available: Texas (Bank Locator)
- Opening Deposit: $1,500 minimum
- Monthly fee: None
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
How to Earn TBK Bank Rate
- Open a Money Market account with $1,500 as the opening deposit
- Input your info – Provide your name, address, phone, email and social security number or Tax ID
- To earn the 0.25% APY you must fund the account with $100,000 or more
| Balance Requirement | APY Rate |
| $0.01 – $34,999.99 | 0.10% |
| $35,000 – $99,999.99 | 0.25% |
| $100,000+ | 0.25% |
TBK Bank Account Features
- FDIC Insured
- Free online banking with bill pay, mobile banking, eStatments
- Free debit card
- Tiered structure rewards higher balances with greater rates
- Interest compounded and credited monthly
- Minimum balance to waive $10 monthly maintenance service charge
- 6 free checks, debits, transfers, or withdrawals per month; $10 transaction fee for each in excess of 6 per month
Conclusion
All in all, personally, I would not take advantage of this option. With a vast array of rates out there offering a better minimum deposit, you would be better off looking into a better account experience.
Let us know about your experience with this bank and comment below.
Check back often to see the latest info on TBK Bank Money Market.
