Quontic Bank: Savings Account & Rates
Mission: Banksparency aims to make Quontic Bank's savings account transparent and comparable to the market.
Savings Overview
High Yield Savings
| Min. Deposit | $100 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
Market Reality Check
This bank offers rates below the current top tier. The best rates we track are currently above 4.20% APY.
Bank Overview
- HQ LocationAstoria, New York City
- Founded2009
- Ratings & Trust
- Zelle® SupportAvailableDaily Limit: $1,000Digital-first bank with full native support.
- Deposit InsuranceFDIC Insured(Cert: 57807)
Our Take on Quontic Bank
The Good
- Decent APY of 3.50%
- No monthly maintenance fees
- Top-tier mobile apps (iOS: 4.8, Android: 4.9)
Considerations
- No physical branch access (online only)
Quontic Bank offers a High Yield Savings account with an attractive APY of 3.50%. This account comes with no monthly maintenance fees and is supported by top-tier mobile apps, rated 4.8 on iOS and 4.9 on Android. Notably, there are no requirements for direct deposits or checking accounts, making it accessible for all users. However, it's important to note that Quontic Bank operates online only, meaning there is no physical branch access.
Top Market Contenders
Savings Account: In-Depth View
Savings Account Offered by Quontic Bank
| Feature | High Yield Savings |
|---|---|
APY | 3.50%Verified: 1/13/2026 |
APY Trend | Rate Adjusted -0.25% Since 30 days ago |
Min. Deposit | $100 |
Min. Balance | $0 |
Monthly Fee | $0 |
Direct Deposit | None |
Checking Bundle | No |
Branch Access | None |
Compounding | Daily |
FDIC Insured | Yes |
Eligibility | United States |
| Next Steps |
Calculate Savings for Quontic Bank
Savings Breakdown
- Interest Earned+$1,363.30(8.9%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,363.30
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Quontic Bank Savings Rates Over Time
Historical APY Insights
Last 12 Months| Metric | High Yield Savings |
|---|---|
Latest APY | 3.50% |
Trend | Sideways |
Slope (bps/mo) | -1.8 |
Rate Changes / Mo | 0.17 |
Days Since Last Change | 15 |
High (-12m) | 3.85% |
Low (-12m) | 3.50% |
Draw-down | -9.1% |
Volatility (CV) | 0.022 |
How to read these metrics▼
Trends & Velocity
- Trend
- The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
- Slope (bps/mo)
- Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
- Rate Changes / Mo
- "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.
Risk & Range
- High/Low
- The absolute ceiling and floor of the rate during the 357-day window.
- Volatility Score
- Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
- Days Since Change
- If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.
Why track this? Understanding volatility helps you avoid "bait-and-switch" rates. A steady, rising slope is ideal; high volatility often signals a temporary teaser rate.
Compare with Quontic Bank
| Feature | Current View Quontic Bank | Empty Slot |
|---|---|---|
| Product | High Yield Savings | - |
APY | 3.50%Verified: 1/13/2026 | - |
APY Trend | Rate Adjusted -0.25% Since 30 days ago | - |
| Min. Deposit | $100 | - |
| Monthly Fee | $0 | - |
Direct Deposit | No | - |
Checking Bundle | No | - |
| Branch Access | None | - |
| Eligibility | United States | - |
Compounding | Daily | - |
FDIC Insured | Yes | - |
| Next Steps | - |
Bank-to-Bank Comparisons
Compare Quontic Bank's APY of 3.50% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Quontic Bank vs Ally Bank | 3.30% | $0 |
| Quontic Bank vs American Express | 3.30% | $0 |
| Quontic Bank vs Axos Bank | 4.31% | $0 |
| Quontic Bank vs Bank of America | 0.01% | $100 |
| Quontic Bank vs Barclays | 4.00% | $0 |
| Quontic Bank vs Capital One | 3.30% | $0 |
| Quontic Bank vs Chase Bank | 0.01% | $0 |
| Quontic Bank vs Chime | 3.50% | $0 |
| Quontic Bank vs CIT Bank | 3.75% | $100 |
| Quontic Bank vs Citibank | 3.30% | $0 |
| Quontic Bank vs Discover Bank | 3.30% | $0 |
| Quontic Bank vs EverBank | 3.90% | $0 |
| Quontic Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Quontic Bank vs Newtek Bank | 4.35% | $0.01 |
| Quontic Bank vs Openbank | 4.20% | $500 |
| Quontic Bank vs Pibank | 4.60% | $0 |
| Quontic Bank vs SoFi Bank | 4.00% | $0 |
| Quontic Bank vs Synchrony Bank | 3.65% | $0 |
| Quontic Bank vs Varo Bank | 5.00% | $0 |
| Quontic Bank vs Wealthfront | 3.90% | $0 |
| Quontic Bank vs Wells Fargo | 0.05% | $25 |
Alternatives to Quontic Bank
Banks with Higher/Similar Savings APY
For a top list of the highest savings rates, see all HYSA top rates
Ivy Bank
High-Yield Savings Account: 4.10% APY
Minimum Deposit: $2,500
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Eligible States: Limited (see details)
Colorado Federal Savings Bank
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Barclays
Tiered Savings: 4.00% APY
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Peak Bank
Envision High Yield Savings: 3.99% APY
Minimum Deposit: $100
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Capital One
360 Performance Savings: 3.30% APY
Minimum Deposit: $0
Bread Savings
High-Yield Savings Account: 4.05% APY
Minimum Deposit: $100
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Western Alliance Bank
High-Yield Savings Premier: 3.80% APY
Minimum Deposit: $500
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Fitness Bank
Fitness Savings Account: 4.45% APY
Minimum Deposit: $100
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Fitness Elite Checking & Fitness Savings Combo: 4.75% APY
Bundled Savings & Checking Account
Minimum Deposit: $100
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Sallie Mae Bank
High-Yield Savings Account: 3.90% APY
Minimum Deposit: $0
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Ally Bank
Savings Account: 3.30% APY
Minimum Deposit: $0
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Flagstar Bank
Flagstar Performance Savings: 3.40% APY
Minimum Deposit: $1
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EverBank
Performance Savings: 3.90% APY
Minimum Deposit: $0
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