Ally Bank vs. Quontic Bank

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

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Summary of Ally Bank vs. Quontic Bank

Key Metrics at a Glance

FeatureAlly BankQuontic Bank
Top Savings APY

3.30%

Savings Account

3.75%

High Yield Savings

Minimum to Open$0$100
Minimum Balance for Top APY$0$0

Ally Bank

Strengths

  • Ally Bank has a lower minimum deposit of $0 for its Savings Account.
  • Ally Bank charges no maintenance fees, making it cost-effective.
  • Ally Bank's App Store rating is 4.7, indicating strong user satisfaction.

Potential Drawbacks

  • Ally Bank's current APY is 3.30%, down from 3.40% last month.
  • Ally Bank has no physical branches, limiting in-person service options.
  • Ally Bank's Google Play rating is 4.3, lower than Quontic Bank's.

Quontic Bank

Strengths

  • Quontic Bank offers a higher APY of 3.75%, stable over the past month.
  • Quontic Bank has a higher App Store and Google Play rating of 4.8.
  • Quontic Bank has no maintenance fees, similar to Ally Bank.

Potential Drawbacks

  • Quontic Bank requires a minimum deposit of $100 for its High Yield Savings.
  • Quontic Bank is not BBB Accredited, which may affect trust.
  • Quontic Bank has no branches for banking, only loan offices.
Summary: Ally Bank offers a lower APY of 3.30% compared to Quontic Bank's 3.75%. Both banks have no maintenance fees and are online-only. However, Quontic Bank has higher App Store and Google Play ratings at 4.8, while Ally Bank has a slightly lower Google Play rating of 4.3. Ally Bank has no minimum deposit requirement, whereas Quontic Bank requires $100 to open its High Yield Savings account.

→ As of November 12, 2025 Ally Bank offers an APY of 3.30% for its Savings Account, with a minimum balance of $0, compared to Quontic Bank's 3.75% APY for its High Yield Savings account, with a minimum balance of $0.

Quontic Bank yields $45 more than Ally Bank on a $10,000 balance after one year. Ally Bank pays $330, while Quontic Bank pays $375 - an APY advantage for Quontic Bank.

Calculate Savings Growth for Ally Bank vs Quontic Bank

All calculations are based on APY.

Ally Bank - Savings Account

Top APY: 3.30%

Total savings breakdown:

  • Interest earned: $1,987.1 (9.94%)
  • Total contributions: $13,000 (65.04%)
  • Initial deposit: $5,000 (25.02%)

Your total balance

$19,987.10

Effective APY: 3.30% (based on your deposit and contributions)

Total balance: $19,987.1

Earnings: $1,987.1

Bank Overview

Quontic Bank - High Yield Savings

Top APY: 3.75%

Total savings breakdown:

  • Interest earned: $2,273.8 (11.22%)
  • Total contributions: $13,000 (64.12%)
  • Initial deposit: $5,000 (24.66%)

Your total balance

$20,273.80

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

Total balance: $20,273.8

Earnings: $2,273.8

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, Ally Bank's total earnings would be $286.7 lower than Quontic Bank's total earnings.

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Compare Ally Bank's vs Quontic Bank's Savings Accounts

Ally BankQuontic Bank
ProductSavings AccountvsHigh Yield Savings
APY
3.30% (as of 11/12/2025)3.75% (as of 11/12/2025)
Bundled Account
NoNo
FDIC-insured
YesYes
Online OnlyYesYes
Compound Frequency
DailyDaily
Minimum Deposit$0$100
Minimum Balance for APY$0$0
Maintenance Fee$0$0
Direct Deposit Required
NoNo
App Store Rating4.7/54.8/5
Google Play Rating4.3/54.8/5
BBB RatingA+A+

Comparative Historical APY Insights (Last 9 Months)

Ally BankQuontic Bank
ProductSavings AccountvsHigh Yield Savings
Latest APY3.30 %3.75 %
TrendSidewaysSideways
Slope (bps/mo)-4.1-1.5
Rate Changes / Mo0.520.10
Days Since Last Change13139
High (-9 m)3.80 %3.85 %
Low (-9 m)3.30 %3.75 %
Draw-down from High-13.2 %-2.6 %
Volatility (CV)0.0350.013
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 9 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 (-9 m)
Highest APY in the last 289 days.
Low (-9 m)
Lowest APY in the last 289 days.
Draw-down from High
How far today sits below the 9-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.

More Comparisons

Compare Ally Bank's APY of 3.30% with other banks
Compare Quontic Bank's APY of 3.75% with other banks