Finder may earn compensation from partners, but editorial opinions are our own. Advertiser Disclosure

Quontic Bank High Yield Savings account review

A savings account that comes with an ATM card and an impressive interest rate.’s rating: 4.6 / 5.0


The Quontic Bank High Yield Savings account lets you earn 0.55% APY on any balance. But you’ll need at least $100 to open it.

No reviews yet. Write a review






Minimum deposit to open


Annual percentage yield (APY)0.55%
Minimum deposit to open$100
Interest compoundingDaily
Monthly transaction limit6
Fee per transaction over the limit$10
More infoGo to site

More Info

Review by

Kimberly Ellis is a writer at Finder. She hails from New York City with a BA from Queens College and a New York State teaching certificate. After teaching in both public and private schools, Kimberly decided to take the world by storm and dive into the media industry — where she covers everything from home loans and investing to K–12 education and shopping. She’s also an aspiring polyglot, always in a book and forever on the hunt for the perfect classic red lipstick.

Expert review

The Quontic Bank High Yield Savings account sets itself apart from the crowd with its impressive interest rate. You’ll earn 0.55% APY without worrying about meeting any balance or deposit requirements. Plus, there are no monthly fees. It also includes an optional ATM card so you can access your money, but make sure you don’t pass the usual six monthly limit you’ll find with other bank accounts.

Overall, this is a good savings account. But if you’re still unsure, compare other high-yield savings account options.

How do I open a Quontic Bank High Yield Savings account?

Quontic Bank claims that you can open an account in less than three minutes. Here’s what the enrollment process looks like:
  1. Click Apply now.
  2. Choose Open an account.
  3. Select Get started under High Yield Savings.
  4. Input your name, email and phone number. If you’re an existing customer, you can sign in to pull up your saved information.
  5. Enter the verification code that was sent to your email.
  6. Answer the questions to confirm your identity.
  7. Fund your account by logging in to your current bank using Plaid or manually entering your bank’s routing and account numbers.


To qualify for a Quontic Bank High Yield Savings account, you’ll need to be:

  • At least 18 years old
  • A US citizen

Required information

Have the following info on hand when applying for a new account:

  • Full name
  • Home address
  • Social Security number
  • Date of birth
  • A government-issued ID

What are the benefits of a savings account with Quontic Bank?

Consider the following reasons to sign up for a Quontic Bank High Yield Savings account:

  • No monthly service fees. This account won’t cost anything to maintain it.
  • Strong interest rate. Earn 0.55% APY on any balance, which is compounded daily and has no limit on how much you can earn.
  • ATM card. While most banks don’t offer ATM cards with savings accounts, this High Yield Savings account comes with one. But bear in mind that you’re still limited to six withdrawals per month. You’ll pay a $10 fee for any transactions over the limit.

What should I look out for?

Be aware of the following drawbacks before signing up for a new account:

  • Requires an external account. You can only use a bank-to-bank transfer to fund your account for the first time.
  • Opening deposit. Unlike some banks with no opening deposit, Quontic Bank requires a minimum deposit of $100.
  • Overdraft fee. It’ll cost you $35 each time a transaction drops your account below $0.

Quontic Bank’s ATM network and fees

Quontic Bank partners with four ATM networks to offer 90,000 surcharge-free ATMs. You can withdraw cash from:
  • AllPoint Network
  • MoneyPass Network
  • SUM program
  • Citibank ATMs located in Target, Walgreens, CVS, Kroger, Speedway, Safeway, Winn Dixie and Circle K.
Quontic Bank doesn’t charge a fee for using an out-of-network ATM, although the ATM owner may.

Compare Quontic Bank High Yield Savings with other savings accounts

Name Product Annual percentage yield (APY) Fee Minimum deposit to open
Aspiration Spend & Save Account
Finder Rating: 4.2 / 5: ★★★★★
Aspiration Spend & Save Account
$0 per month or $7.99 per month for Aspiration Plus ($5.99 per month if you pay annually)
Deposits are fossil fuel-free. A spend and save combo account with unlimited cash back rewards and deposits insured by the FDIC and a $100 bonus when you spend $1,000 in your first 60 days.
Axos Bank High Yield Savings
Finder Rating: 4 / 5: ★★★★★
Axos Bank High Yield Savings
No monthly maintenance fees. No minimum balance requirements. Interest compounded daily.
BlockFi Interest Account
BlockFi Interest Account
Up to 8.25%
Score up to 8.25% APY with this free crypto-interest account. Not available in New York and not FDIC insured.
American Express® High Yield Savings
Finder Rating: 4.6 / 5: ★★★★★
American Express® High Yield Savings
Enjoy no monthly fees and a competitive APY with this online-only savings account. Accounts offered by American Express National Bank, Member FDIC.
Gemini Earn
Gemini Earn
Up to 8.05%
Watch your cryptocurrency earn up to 8.05% APY with this nationwide account. Not FDIC insured.

Compare up to 4 providers

How do I deposit or withdraw my money?

Quontic Bank offers multiple options to access your funds:

Funding options

  • Remote check deposit via its mobile app
  • Account transfers
  • Direct deposit or ACH transfer
  • Wire transfers

Withdraw options

  • ATM withdrawals
  • Bill pay
  • Account transfers
  • Wire transfers

What other savings options does Quontic Bank offer?

Aside from its High Yield Savings account, you can choose two other savings products:

  • Quontic Bank Money Market Account. This account has no monthly fee, comes with a debit card and earns up to 0.6% APY, depending on your account balance.
  • Quontic Bank CD. Certificates of deposits with terms that range from 6 months to 5 years and competitive interest rates between 0.45% and 1.11% APY. Requires a minimum of $500 to open.

How to contact Quontic Bank about my savings account?

Speak to a representative about your account by:

  • Chatting with a customer service representative weekdays 9 a.m. to 5:30 p.m. ET.
  • Calling 800-908-6600 weekdays 9 a.m. to 5:30 p.m. ET.
  • Emailing

Savings account ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze top savings accounts and rate them one to five stars based on factors that are most important to you. These factors include: interest rates, monthly fees, minimum deposits, customer service and account features.

Read the full methodology of how we rate savings accounts.

Ask an expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.
Go to site