Quontic Bank is offering residents nationwide a 4.00% APY when you open a High Yield Savings account.
Update 11/21/24: The rate has decreased to 4.00% APY from 4.25%.
Quontic Bank High Yield Savings Review
Established in 2005, Quontic Bank is a digital bank that is based in New York City.
They currently are the 48th largest bank in the state of New York.
Their they offer a wide array of services and banking products from personal checking to savings accounts.
They provide great features and competitive rates on their accounts.
I’ll review Quontic Bank below.
Quontic Bank High Yield Savings Rate
To easily earn Quontic Bank’s competitive rate, start by opening a High Yield Savings account and meet the requirements.
- Eligible account: High Yields Savings
- Credit inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide
- Opening Deposit: $100
- Monthly fee: None
- Early Termination Fee: If the account is closed before interest and/or bonus is credited, accrued interest and/or bonus may be forfeited for that statement cycle.
(FDIC Insured)
How to Earn Quontic Bank Rate
- Open their High Yield Savings account online with a minimum opening deposit of $100.
- Fill out your personal information – Provide your name, address, phone, email and social security number or Tax ID.
- Fund the account/transfer funds – Transfer funds electronically from an internal account here or an external account at another bank.
- Start earning interest from Day 1 of your first deposit with no limit on how much you can earn.
| Balance Requirement | APY Rate |
| $0.01 | 4.00% APY |
Editor’s Notes:
- Quontic’s ACH limits are $2000 inbound or outbound.
- The maximum daily transaction limit is $2,000, and the maximum monthly limit is $10,000.
- These transfer limits only apply if the transfer is initiated through Quontic’s online banking. Their external transfer limits do not apply if the transfer is initiated through your other banking institution.
Quontic Bank Account Features
- Earn 4.00% APY with a Quontic High Yield Savings Account
- Start earning interest from Day 1 of your first deposit with no limit on how much you can earn.
- Open an account online in just 3 minutes
- Interest is compounded daily and credited to your account every month
Limit of 6 withdrawals per statement cycle
APY means Annual Percentage Yield
Conclusion
Quontic Bank offers a competitive rate on their High-Yield Savings Account.
Start earning interest with no limit on how much you earn with their competitive rate!
You can get access to their user friendly online banking platform with a minimum of $100!
Let us know about your experience with this bank and comment below.
Find the latest Quontic Bank Bonuses here and BackCheckingSavings’ full list of bank rates promotions! Check back often to see the latest updates on Quontic Bank High Yields Savings.
In addition to the rate from Quontic Bank, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers.
Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
