Introducing TAB Spend by TAB Bank – Setting a New Standard in Checking Accounts with High-Yield Interest and Rewards
July 17 2024 - 10:38AM
TAB Bank introduces TAB Spend, a cutting-edge rewards checking
account that offers customers two ways to compound their cash:
high-yield interest and cash back rewards on everyday purchases.
This new offering helps customers maximize their financial benefits
while enjoying unparalleled convenience and security.
Currently, TAB Spend offers an interest rate of 3.50% Annual
Percentage Yield (APY) on account balances. Additionally, account
holders can earn 1.00% cash back on debit card purchases, making
everyday spending more rewarding. Few checking accounts offer both
benefits without minimums or fees.
“With TAB Spend, we’re disrupting the traditional checking
account, which hasn’t evolved much since its inception—extremely
low interest rates and very little rewards,” said Austin Strong,
CEO of TAB Bank. “Our mission is to build financial solutions that
lift and empower people. TAB offers one of the highest savings
account interest rates nationwide, and now we’re introducing a
checking account with double benefits of interest and cash back
along with no minimums, maximums, or monthly fees.”
Key Features of TAB Spend:
- High-Yield Interest: Earn 3.50% APY on the
checking account balance, significantly higher than traditional
checking accounts, which average less than 0.1% interest.
- Cash Back Rewards: Receive 1.00% cash back on
all debit card transactions, turning daily spending into valuable
rewards.
- No Account Fees: Enjoy the freedom of no
monthly maintenance fees, no overdraft fees and no minimum opening
balance.
- No Balance Caps: In addition to no minimum
balance, there are no hidden or complex qualification requirements
and no balance caps on interest earned.
- Easy Access: Manage the account with TAB
Bank’s online and mobile banking platforms, which feature tools
like electronic check deposit, bill pay and account alerts.
- Financial Safety: Funds are FDIC insured up to
$250,000 per depositor, per FDIC-insured bank, per ownership
category, offering peace of mind and security.
- Nationwide ATM Access: Enjoy surcharge-free
withdrawals at thousands of ATMs nationwide, making it convenient
to access money anywhere.
TAB Spend is perfect for individuals looking to optimize their
financial growth through both spending and saving. Whether making
daily purchases or saving for the future, TAB Spend offers
unparalleled benefits to reach financial milestones.
For more information or to open a TAB Spend account, visit
https://www.tabbank.com/tab-spend-rewards-checking/.
About TAB BankAt TAB Bank, our mission is to
unlock dreams with bold financial solutions that empower
individuals and businesses nationwide. We are committed to making
financial success accessible to everyone through our innovative
banking products. Our dedication drives us to continuously improve,
ensuring that we meet the evolving needs of our clients with
excellence and agility. For over 25 years, we have remained
steadfast in offering tailored, technology-enabled solutions
designed to simplify and enhance the banking experience.
For more information about how we can help you achieve your
financial dreams, visit www.TABBank.com.
Contact Information:Trevor MorrisDirector of
Marketing801-624-5172trevor.morris@tabbank.com