Texas Capital Bank Review: Low Minimums and a Great Money Market Account
Written by
Rudri Patel
Edited by
Melanie Grafil
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Earn a generous APY with a $500 minimum money market account opening requirement.
Texas Capital Bank has a range of financial products, including checking, savings, a money market account and CDs. Many of the accounts have no monthly service fees and competitive APYs.
Texas Capital Bank was founded in 1998 and is headquartered in Dallas. The bank has branch locations in the state’s five largest cities. It has over $30 billion in assets and cites commercial banking and private wealth advisory as its areas of expertise.Â
Texas Capital Bank offers a variety of deposit accounts and certificates of deposits to its banking customers. With its focus on convenience and customer service, it might be the right fit if you want to open a new account.GOBankingRates rated Texas Capital Bank among the Best Money Market Accounts in 2025.Â
Texas Capital Bank Checking Accounts
Texas Capital Bank has two checking accounts: Star Checking and Star Plus Checking. Both require no minimum balance and no monthly maintenance fee. They can be opened online and come with a debit card.Â
- Access to over 55,000 ATMs
- No minimum balance requirementÂ
- Free personal checks with both accounts
- Star Checking is not interest-bearing
- Star Plus Checking offers APY
Best For
Money Market Accounts
Mobile App
Great APYs
Low Monthly Fees
No Minimum Deposit
No Monthly Fees, Large ATM Network
Texas Capital Bank offers straightforward checking accounts with no monthly fees, no minimum balance requirements and access to a large ATM network.
Fees
$0
APY
Up to
Min Opening
$0
Pros
- No monthly fees
- Extensive ATM network
- Up to $20 of non-Texas Capital Bank ATM fees will be refunded each month if you have the Star Plus Checking Account
Cons
- Physical branches limited to mainly Texas
- No out-of-network ATM fees refunded on Star Checking Account
- Low APY on checking account
Quick Take
Texas Capital Bank has two checking accounts that will appeal to those who want straightforward checking accounts with no monthly minimum balance requirements or maintenance fees.
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Texas Capital Bank Savings Accounts
Texas Capital Bank has two savings accounts: Star Savings and Star High-Yield Savings Account. Both accounts do not require a minimum monthly deposit or maintenance fee. You need a Texas residential address to apply for a Star Savings High-Yield account.Â
- APY on the Star Savings Account
- APY on the Star High-Yield Savings Account
- Interest is compounded dailyÂ
- Online and mobile banking alerts
- FDIC-insuredÂ
Best For
Money Market Accounts
Mobile App
Great APYs
Low Monthly Fees
No Minimum Deposit
APY Up to , No Monthly Fees
Texas Capital Bank offers two savings accounts with no monthly fees, no minimum deposit requirements, and competitive APYs, especially on the Star High-Yield Savings Account.
Fees
No monthly service fee
APY
Up to
Min Opening
$0
Pros
- No minimum deposit
- No monthly service fee
- Competitive APYs on high-yield savings account
Cons
- Limited physical locations
- Low rates for high balances
- You must have a Texas residential address to apply for the Star Savings high-yield account.
Quick Take
Texas Capital Bank offers two attractive savings account options with no minimum deposit requirement or monthly fee. The APY on the high-yield Star Savings account is competitive. However, you must have a Texas residential address, possibly making this inaccessible for some.
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Texas Capital Bank CD Accounts
Texas Capital Bank offers a variety of standard CDs with term limits ranging from 30 days to two years. To open a new CD, you’ll need a minimum balance of $1,000. The APY ranges from to .Â
- Term lengths are from 30 days to 24 months
- Minimum deposit of $1,000 to open
- Interest is compounded daily
- The 90-day CD offers the highest yield.
Best For
Money Market Accounts
Mobile App
Great APYs
Low Monthly Fees
No Minimum Deposit
Flexible Terms and APYs Up to
Texas Capital Bank provides a variety of CDs with competitive APYs, flexible terms ranging from 30 days to 24 months and a $1,000 minimum deposit.
Fees
No monthly service fee
APY
Up to
Min Opening
$1,000
Pros
- Competitive APYs
- Varying length termsÂ
- FDIC-insured
- Minimum deposit may work for manyÂ
Cons
- Limited physical locations
- Early withdrawal penalties
- Variable interest rate
Quick Take
Texas Capital Bank offers a variety of CD options. Many may find the $1,000 deposit requirement accessible, and others may like the wide time range of the CD terms.
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Texas Capital Bank Money Market Accounts
You need $500 to open the FDIC-insured Star Money Market account at Texas Capital Bank. This account has an above-average APY that increases based on your balance. GOBankingRates voted it one of the Best Money Market Accounts for 2025.Â
- You can access cash when needed and earn interest when you don’t, so you can keep growing your wealth.
- No monthly service charge
- APY ranges from to
- $500 minimum daily ledger balance
- Unlimited withdrawals and transactions
- Interest is credited monthly and compounded daily.
Best For
Money Market Accounts
Mobile App
Great APYs
Low Monthly Fees
No Minimum Deposit
No Fees, Competitive APYs
Texas Capital Bank’s money market account offers competitive APYs, no monthly fees and tiered interest rates that reward higher balances, making it a strong choice for savers.
Fees
No monthly service fee
APY
Up to
Min Opening
$500
Pros
- Competitive APYs
- No monthly service charge
- Tiered interest rate
- One of GOBankingRates 2025 Money Market winners
Cons
- Higher balances are needed to access higher interest rates
- Limited physical branches
- The account requires at least $500 to earn interest
Why We Like Texas Capital Bank
Texas Capital Bank’s money market account has competitive APYs and allows individuals to access funds. The absence of monthly fees is why GOBankingRates voted it one of the Best Money Market Accounts for 2025.
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Banking Experience
Texas Capital Bank offers a full-service banking experience. If you live in Texas, you can access the bank’s Financial Center locations. All customers have convenient access to nationwide Allpoint ATMs.Â
For customer service, bank representatives are available Monday through Friday, 8 a.m. to 6 p.m. CT. Otherwise, the automated phone service at 877-839-2265 runs 24 hours a day.
Additionally, Texas Capital Bank ‘s online banking options and mobile app make it easy to manage your accounts. You can use these features to pay your bills, set up account notifications, initiate wire transfers, find nearby ATMs, and more. All personal checking and savings account customers can enroll in online banking and the mobile app for free. The mobile app was rated 4.3 out of 5 stars on Google Play and 4.5 out of 5 stars on the App Store.
How Does Texas Capital Bank Compare?
When choosing a bank, it’s always helpful to weigh one financial institution’s offerings against another.
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$0
$8 to $30 monthly
$13 to $22 per month
APY
APY
APY
Up to
Up to
Up to
Min Opening
Min Opening
Min Opening
$0
$25
$50 to $1,000
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
No monthly service fee
$3.50 waivable monthly fee
None
APY
APY
APY
Up to
Up to
Min Opening
Min Opening
Min Opening
$0
$50
$0
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
No monthly service fee
Early withdrawal penalties will apply
Early withdrawal penalty may apply
APY
APY
APY
Up to
Up to
Up to
Min Opening
Min Opening
Min Opening
$1,000
$1,000
$500
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
No monthly service fee
Waivable $15 monthly fee
$12 to $25
APY
APY
APY
Up to
Up to
Up to
Min Opening
Min Opening
Min Opening
$500
$50
$50
Texas Capital Bank vs. Frost Bank
Frost Bank offers personal checking account holders up to a $100 overdraft grace. Texas Capital Bank does not offer this benefit. However, it does offer a free checking account, while Frost Bank’s checking options all have monthly service charges.
Texas Capital Bank vs. Comerica Bank
Comerica Bank offers lower minimum opening deposits of $50 on its checking accounts. There is no minimum opening deposit required for Star Checking or Star Plus Checking accounts. However, Texas Capital Bank offers much higher APYs for its standard CDs than Comerica offers.
Texas Capital Bank vs. Marcus by Goldman Sachs
Texas Capital Bank has personal and business banking services, including checking accounts, savings accounts, and loans. At the same time, Marcus by Goldman Sachs focuses exclusively on high-yield online savings and investment products. Texas Capital Bank provides competitive interest rates on savings and CDs, with options like the Star High-Yield Savings and Star Money Market accounts. Marcus by Goldman Sachs is an exclusively digital platform with no minimum deposits and consistently high APYs on savings accounts.
Final Take Â
Texas Capital Bank is a good choice for anyone looking for flexible banking options. It’s strongest on both ends of the financial spectrum–no-fee, low-balance accounts or premier accounts with high balance requirements. The bank has in-person branch locations in certain locations, and GOBankingRates voted it among the Best Money Market Accounts in 2025.Â
Texas Capital Bank FAQ
The following questions are commonly asked about Texas Capital Bank.- Is Texas Capital Bank a good bank for savings?
- Yes. Texas Capital Bank offers two savings accounts, a money market account, and CDs with no to low minimum deposit requirements and no monthly service fees. It also offers a high-yield savings account with a 4.10%Â APY.
- Does Texas Capital Bank use Zelle?
- Yes, Texas Capital Bank uses Zelle as a part of its digital platform.
- How much can you withdraw from Texas Capital Bank?
- You can withdraw up to $1,000 from an ATM daily.
- Is Texas Capital Bank only in Texas?
- Texas Capital Bank is headquartered in Dallas with Financial Center locations across Texas.
Caitlyn Moorhead and Jamie Johnson contributed to the reporting for this article.Â
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Dec. 18, 2024.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
To determine the Best Money Market Accounts of 2025, GOBankingRates analyzed the following factors from all banks (excluding neobanks): (1) total assets as sourced from the FDIC; (2) number of branch locations as sourced from the FDIC; (3) minimum deposit to open an account; (4) APY on the money market account; (5) the minimum balance needed to earn the APY; (6) monthly money market fee ratio (percentage of the minimum to avoid fees compared to the monthly fee itself); and (7) the average mobile app rating between the Google Play (Android) and Apple stores. All factors were then scored and combined, with the lowest score being the best. Factors (1) and (2) were weighed 0.5 times, and factor (4) was weighed 4 times. All products and offerings had to be available as of Nov. 1, 2024, to be considered. Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Dec. 18, 2024.
