Alternatives to Capital One: 12 Best Online Banks in 2024

2. TAB Bank

Insider Monkey Score: 5.24

In terms of savings rates, TAB Bank’s savings account has the highest APY out of all the alternatives to Capital One on our list. The TAB Save account requires a minimum balance of $0.01 and offers an APY of 5.27%. Moreover, the TAB Spend account offers a 3.50% APY along with a 1% cashback on certain purchases, making it a very competitive choice for users with regular payments. All interest on deposits is paid out monthly. For users interested in CD accounts, TAB offers a one-year CD with an APY of 5.15%, the joint highest of all the banks in our list. On the other hand, TAB Bank’s mobile app has a 4.2 rating on the Google Play Store, indicating a lack of customer satisfaction in comparison to its competitors.