Dedicated to Deposits: Deals, Data, and Discussion
Texas Citizens Bank1.20%-$25kReward Plus Checking
Texas Citizens Bank0.75%-$25kReward Checking
Texas Citizens Bank0.02%--Reward Checking
Texas Citizens Bank0.02%--Reward Plus Checking
Accounts mentioned in this post. Rates as of July 31, 2014

Update on the Best Reward Checking Account in Houston Texas


Texas Citizens Bank

Texas Citizens Bank continues to offer two competitive rates on its reward checking accounts. In my last report on this bank in 2008, I had only mentioned the reward checking account with a 4.76% APY. This applies to balances of up to $25K. Over $25K, the rate falls to 1.00% APY. However, I didn't mention the Reward Plus Account which pays 5.01% APY on balances up to $25K (1.00% for above). These rates are listed at the bank's rates page as of 6/04/2010.

The only extra requirement for the Reward Plus Account is direct deposit. Both share the following monthly requirements:

  • 12 debit card purchases
  • 3 bill payment transactions using TCB Online Banking
  • Receive your bank statement online

Both of these reward checking accounts can be opened online at However, these accounts will only show up if your zip code is in our around Houston. Update 8/24/10: This account no longer shows up at CheckingFinder even for Houston zip codes.

In addition to top reward checking rates, the bank also offers some competitive CD specials with a one-bump option. The rates have fallen a little since my last post in April, but they're still very competitive. One CD has a 30-month term and a 2.50% APY. The other is a 48-month CD with a 3.01% APY. Minimum deposit is $10,000. These rates are listed at the bank's rates page as of 6/04/2010.

Branches are located in Houston, Texas and in nearby cities of Pasadena, Baytown and Rosenberg.

The bank's ratings for safety and soundness are a little weak: 3 stars (adequate) at BauerFinancial and 2 stars (below peer group) at Both ratings are based on 12/31/09 financial data. At the overall health score for this bank based on 3/31/10 data is 4 out of 5 (see our Texas Citizens Bank rates and reviews page). The bank has been a FDIC member since 2006 (FDIC Certificate # 58319).

Searching for the Best Reward Checking & CD Rates

  Tags: Texas, Texas Citizens Bank, reward checking account, CD rates, checking account

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Comment #1 by 51hh posted on
The 5.01% with DD was stated before and it even had two listings (the 5.01% option and 4.76% option) at ken's local RCA list at one time.

Anyhow, it has been such a way for some time and it is not new (even with the 5.01% DD option). 


It is definitely local, so nothing to wriite home about:-) 

Comment #3 by Anonymous posted on
I am glad that I live in Houston. I just opened my account today.

Comment #4 by Anonymous posted on
You can open the account online thru CheckingFinder, but the bank will reject the application if you don't live in Houston area, that was what happened to me. My online app was approved but later received the email from the bank that says the app is denied. I was told regardless where you live, if you can still open up an account with them if you visit the branch.

Comment #6 by Anonymous posted on
down to 2.76% APY.

Comment #7 by Anonymous posted on
Rate will be dropping in January, expected to 3.01% for Rewards Plus.  Branch visit and proof of local TX residency required.