TAB Bank: Savings Accounts & Rates

Savings rates updated: 8/13/2025

Mission statement: Banksparency aims to make TAB Bank's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.

Note: Interest rates below are reported as APY, or Annual Percentage Yield

We earn a commission if you open an account through some links on this page.

Savings Overview

TAB Save: 4.15% APY(Rank 35 out of 80 tracked HYSAs)

Minimum Deposit: $1,000 | Online Only

National Savings Interest Rate: 0.38% (as of 7/21/2025)

Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.

(Source: FDIC)

Bank Overview

Location: Ogden, Utah

Founded: 1998

Affiliation: Full name: Transportation Alliance Bank, Inc.

Access to Branches: None

Deposit Insurance: FDIC Cert # 34781

BBB Rating: A+ (Not BBB Accredited)

App Store Rating: 4.7/5

Google Play Rating: 4.4/5

Website: Visit TAB Bank

Our Take on TAB Bank

Highlights

Current APY of 4.15%, unchanged from 30 days ago
No maintenance fees, making it cost-effective
A+ BBB rating, indicating strong trustworthiness
High App Store rating of 4.7

Considerations

Requires a minimum deposit of $1,000 to open
No physical branches available for in-person support
Not BBB Accredited, which may concern some customers
Direct deposit not required, but may limit some features

Summary: TAB Bank offers a competitive APY of 4.15% on its TAB Save account, with no maintenance fees and a strong A+ BBB rating. However, it requires a minimum deposit of $1,000 and operates online only, lacking physical branches. While the bank has high ratings on both the App Store and Google Play, it is not BBB Accredited, which might be a consideration for some savers. Overall, it is a solid option for those comfortable with online banking.

Savings Account: In-Depth View

Savings Account Offered by TAB Bank

Feature	TAB Save
APY	4.15% (as of 8/13/2025)
APY Trend	-0.11% QoQ
Minimum Deposit	$1,000
Minimum Balance for APY	$0.01
FDIC-insured	Yes
Online Only	Yes
Bundled Account	No
Direct Deposit Required	No
Compound Frequency	Daily
Maintenance Fee	$0
Eligibility	United States
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for TAB Bank

All calculations are based on APY.

Savings Product:

TAB Save (APY: 4.15%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,630 (10.43%)
Total contributions: $13,000 (83.17%)
Initial deposit: $1,000 (6.40%)

Your total balance

$15,630.00

Effective APY: 4.15% (based on your deposit and contributions)

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

TAB Bank Savings Rates Over Time

Historical APY Insights

Metric	TAB Save
Latest APY	4.15 %
Trend	Sideways
Slope (bps/mo)	-1.8
Rate Changes / Mo	0.15
Days Since Last Change	49
High (-7 m)	4.26 %
Low (-7 m)	4.15 %
Draw-down from High	-2.6 %
Volatility (CV)	0.011

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 7 months (regression slope).
Slope (bps/mo): Average monthly change; 10 bps = 0.10 pp.
Rate Changes / Mo: Typical number of APY moves per month.
Days Since Last Change: Recency of the latest APY adjustment.
High (-7 m): Highest APY in the last 203 days.
Low (-7 m): Lowest APY in the last 203 days.
Draw-down from High: How far today sits below the 7-month peak.
Volatility (CV): Coefficient of variation = stdev ÷ mean.

Why Track Savings-Account APYs?

See how quickly a bank reacts to Fed moves or competition.
Gauge “twitchiness” - frequent moves can annoy savers.
Spot if you're buying near a peak (draw-down) or riding a rise.
Slope (bps/mo) shows speed of change.
Volatility (CV) scales jumps by average level.

Compare TAB Bank's Savings Account

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Feature	TAB Bank	Select a bank...
Product	TAB Save	N/A
APY	4.15% (as of 8/13/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	Yes	N/A
Compound Frequency	Daily	N/A
Minimum Deposit	$1,000	N/A
Minimum Balance for APY	$0.01	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A