Texas capital

Texas Capital Bank Review: Lots of Banking Options and Low Monthly Fees

GOBanking Rates Score

Quick take: Texas Capital Bank offers one-stop banking services for customers due to its variety of offerings. It offers products for personal banking, business needs and wealth management. Its CDs are particularly noteworthy, ranking #20 on GOBankingRates’ Best CD Accounts list. The following Texas Capital Bank review breaks down the bank’s products and services.
  • CD
  • Costs
  • Digital bank
  • Product range

How did we calculate this?


  • Customers living in Texas and New York have access to branches
  • Offers a variety of deposit and CD accounts
  • Provides ATM access through the Allpoint network

The inconvenients

  • Does not offer in-person banking services for customers outside of Texas and New York
  • Outgoing bank transfer fees can be steep, costing between $35 and $75

About Texas Capital Bank

Texas Capital Bank was founded in 1998 and is headquartered in Dallas. The Bank of Texas has branches in the five largest cities in the state as well as a branch in New York. She has $31 billion in assets and cites commercial banking and private wealth advice as her areas of expertise.

Texas Capital offers a variety of deposit accounts and certificates of deposit to its banking customers. With a focus on convenience and customer service, it might be right for you if you’re looking to open a new account.

Texas Capital Bank Products

Take a closer look at what the bank offers for personal account holders.

Verify Accounts

There are two checking accounts available at Texas Capital Bank, all with a minimum opening balance of $100. If you open a Capital Interest checking account with Texas Capital, you won’t have to worry about monthly maintenance fees. Premier Checking has a monthly maintenance fee of $25, but can be waived by maintaining a minimum daily balance of $25,000 on combined accounts.

Capital Interest and Premier Interest checking accounts pay interest of 0% to %APY and offer several perks including free personalized checks and out-of-network ATM discounts.

Savings accounts

The Texas Capital Consumer Savings Account provides the basics. You won’t get a high interest rate, but you’ll only need $100 to open the account and start saving. The bank also offers a free minor savings account to help young people save.

Both of these savings account options are free and don’t require you to maintain a minimum balance. Before creating an account, make sure you plan to make more deposits than withdrawals. Texas Capital limits savings account holders to two withdrawals per month or six per quarter. Otherwise, you will be charged an excessive $2 withdrawal fee per additional transaction.

Money market accounts

You only need $100 to open a money market account with Texas Capital, making it a good option for the average consumer. The money market account is Texas Capital’s basic account. It requires you to have a balance of $500 before earning interest, but charges no monthly fees.

The Premier Money Market account is best for people with higher balances, as you will need a minimum balance of $25,000 on all of your accounts combined to avoid the $25 monthly service fee.

Money market accounts can be flexible and earn based on the balance. You can make withdrawals or pay an occasional bill. However, federal regulations limit accounts to only six withdrawals per month. The good news is that Texas Capital allows unlimited in-person withdrawals.


Texas Capital Bank offers a variety of CDs with term limits ranging from 90 days to 2 years. You will need a minimum balance of $1,000 to open a new CD. Part of the reason Bank CDs made GOBankingRates’ latest Best CDs list is the number of terms available and the generous APY range they offer.

Best Features

There are several reasons why the small regional bank scores well in this review. The availability of low-cost accounts is an important selling feature. Also, CDs from the bank are worth considering. Texas Capital Bank makes banking with one financial institution for all your needs achievable. Plus, you can do your banking using the online and mobile app, both of which are robust enough to handle most of the day-to-day banking tasks people do.

Banking experience

Texas Capital offers a full-service banking experience. If you live in Texas, you can access the bank’s branches, and there is one in New York. And all customers have convenient access to Allpoint ATMs nationwide.

Customer service

Representatives are available Monday through Friday, 8 a.m. to 6 p.m. CST. Otherwise, the automated telephone service operates 24 hours a day at 877-839-2265.

Digital experience

It’s easy to manage your accounts with Texas Capital’s online banking options and mobile app. You can use these features to pay your bills, set up account notifications, initiate bank transfers, find a nearby ATM, and more. All personal checking and savings account customers can sign up for free online banking and the mobile app.

The mobile app is available for Android on Google Play, where it got 4.2 out of 5 stars. It doesn’t get such a good review in the App Store, where it only has 2.6 stars.

How to open an account

To open an account at Texas Capital Bank, you can visit any of the bank’s branches. You can also contact customer service to learn more about how to get started or visit their website to open an account.


Texas Capital Bank charges certain fees, including monthly maintenance fees on some of its accounts, but you can waive these fees by maintaining the minimum required monthly balance. Here are some other fees you may need to pay.

Texas Capital Bank versus its competitors

When choosing a bank, it is always helpful to weigh the products of one financial institution against those of another..

Bank Best for
Texas Capital Bank Wide variety of banking options
Allied bank No Fee Interest Chequing Account
Wells Fargo Bank Low minimum opening balance requirements
BBVA Cash Back on Free Visa Debit Card

Texas Capital Bank vs. Ally Bank

Ally offers an interest checking account that charges no fees. Unlike Ally, Texas Capital has branches and offers a wider variety of banking options.

Texas Capital Bank vs. Wells Fargo

You only need $25 to open a checking account at Wells Fargo, and the bank provides 24/7 customer support. Texas Capital does not charge monthly maintenance fees on its basic Smart Checking account.

Texas Capital Bank v BBVA

BBVA also offers free verification. But Texas Capital pays a higher interest rate on its money market accounts.

Final grip

Texas Capital is a good choice for anyone looking for flexible banking options. It is strongest at both ends of the financial spectrum – no-fee, low-balance accounts or premium accounts with high balance requirements. And if you live in Texas or New York, you can take advantage of the bank’s in-person branches.

Texas Capital Bank FAQs

The following questions are frequently asked about Texas Capital Bank.

  • What is Texas Capital Bank?
    • Texas Capital Bank is a business-oriented bank that also offers personal bank accounts. Its headquarters are in Dallas, Texas, with branches throughout the state and one in New York.
  • Does Texas Capital Bank offer personal bank accounts?
    • Although Texas Capital Bank is well known for its commercial banking and lending, it also offers personal banking and wealth management services. You will find personal checking, savings, money market and CD accounts.
  • Are there Texas Capital Bank mortgages?
    • Texas Capital Bank offers personal and business loans for the purchase of property. However, the bank recently sold its lending division.

Cynthia Bowman contributed reporting for this article.

Rates are subject to change; unless otherwise specified, prices are updated periodically. All other account information is accurate as of August 23, 2022.

Editorial note: This content is not provided by any entity covered by this article. Any opinions, analyses, criticisms, evaluations, or recommendations expressed in this article are those of the author alone and have not been reviewed, endorsed, or otherwise endorsed by any entity named in this article.

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About the Author

Jamie Johnson is a freelance writer who covers a variety of personal finance topics, including investment, loans and construction credit. In addition to writing for GOBankingRates, she is currently writing for customers like Quicken Loans, Credit Karma and the US Chamber of Commerce.