Quontic Bank

Last Updated: 7/1/2025

Note: Interest rates below are reported as APY, or Annual Percentage Yield

Quick Views

High Yield Savings: 3.75% APY(Rank 63 out of 76 tracked HYSAs)

Minimum Deposit: $100 | Online Only

National Savings Interest Rate: 0.38% (as of 6/16/2025)

Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.

(Source: FDIC)

Bank Overview

Location: Astoria, New York City

Founded: 2009

Access to Branches: None for banking. Loan offices only.

BBB Rating: A+ (Not BBB Accredited)

App Store Rating: 4.8/5

Google Play Rating: 4.6/5

Website: Visit Quontic Bank

Our Take on Quontic Bank

Highlights

  • High Yield Savings account offers 3.75% APY, though down from 3.85% last month.
  • No maintenance fees for the High Yield Savings account.
  • A+ BBB rating indicates strong trustworthiness.
  • App Store rating of 4.8 and Google Play rating of 4.6 reflect positive user experiences.

Considerations

  • No physical branches; only loan offices available.
  • High Yield Savings requires a minimum deposit of $100.
  • Not BBB Accredited despite high rating.
  • Direct deposit is not required but may limit some users.
Summary: Quontic Bank offers a competitive 3.75% APY on its High Yield Savings account, with no maintenance fees and a strong A+ BBB rating. However, it lacks physical branches, operates online only, and requires a minimum deposit of $100. While the bank has positive app ratings, it is not BBB Accredited, which may concern some savers. The absence of a direct deposit requirement could limit accessibility for potential customers.

Savings Account

Savings Account Offered by Quontic Bank

FeatureHigh Yield Savings
APY
3.75% (as of 7/1/2025)
APY Trend-0.10% WoW
Minimum Deposit$100
Minimum Balance for APY$0
FDIC-insured
Yes
Online OnlyYes
Bundled Account
No
Direct Deposit Required
No
Compound Frequency
Daily
Maintenance Fee$0
EligibilityUnited States

No deposit agreement summary available for this bank.

Calculate Savings for Quontic Bank

All calculations are based on APY.

High Yield Savings (APY: 3.75%)

Deposit Frequency:

Total savings breakdown:

  • Interest earned: $4 (3.85%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $100 (96.15%)

Your total balance

$104.00

Effective APY: 3.75% (based on your deposit and contributions)

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

MetricHigh Yield Savings
Latest APY3.75 %
TrendSideways
Slope (bps/mo)-0.3
Rate Changes / Mo0.19
Days Since Last Change4
High (-5 m)3.85 %
Low (-5 m)3.75 %
Draw-down from High-2.6 %
Volatility (CV)0.004
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 5 months (regression slope).
Slope (bps/mo)
Average monthly change; 10 bps = 0.10 pp.
Rate Changes / Mo
Typical number of APY moves per month.
Days Since Last Change
Recency of the latest APY adjustment.
High (-5 m)
Highest APY in the last 161 days.
Low (-5 m)
Lowest APY in the last 161 days.
Draw-down from High
How far today sits below the 5-month peak.
Volatility (CV)
Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
  • See how quickly a bank reacts to Fed moves or competition.
  • Gauge “twitchiness” - frequent moves can annoy savers.
  • Spot if you're buying near a peak (draw-down) or riding a rise.
  • Slope (bps/mo) shows speed of change.
  • Volatility (CV) scales jumps by average level.

Compare Quontic Bank's Savings Account

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  • All America Bank - 1.50-3.25% APY
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  • Neighbors Bank - 4.60% APY
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  • RBMAX - 4.15% APY
  • Rising Bank - 4.30% APY
  • ROGER - 4.65% APY
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  • Sallie Mae Bank - 3.90% APY
  • Santander Bank - 0.03% APY
  • SoFi Bank - 3.80% APY
  • Synchrony Bank - 3.80% APY
  • TAB Bank - 4.15% APY
  • TD Bank - 0.05-3.00% APY
  • The State Exchange Bank - 1.90% APY
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  • UFB Direct - 4.01-4.21% APY
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  • Valley Direct - 4.20% APY
  • Varo Bank - 2.50-5.00% APY
  • Western Alliance Bank - 4.30% APY
  • Zynlo Bank - 4.35% APY
FeatureQuontic BankSelect a bank...
ProductHigh Yield SavingsN/A
APY
3.75% (as of 7/1/2025)N/A
Bundled Account
NoN/A
FDIC-insured
YesN/A
Online OnlyYesN/A
Compound Frequency
DailyN/A
Minimum Deposit$100N/A
Minimum Balance for APY$0N/A
Maintenance Fee$0N/A
Direct Deposit Required
NoN/A