American Express vs. Quontic Bank

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

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Summary of American Express vs. Quontic Bank

Key Metrics at a Glance

FeatureAmerican ExpressQuontic Bank
Top Savings APY

3.50%

High Yield Savings Account

3.75%

High Yield Savings

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

American Express

Strengths

  • No minimum deposit required for the High Yield Savings Account.

Potential Drawbacks

  • American Express has a BBB rating of F, indicating lower trustworthiness.
  • App Store rating is 4.9, but Google Play rating is only 3.6.

Quontic Bank

Strengths

  • Quontic Bank offers a higher APY of 3.75% for its High Yield Savings account.
  • Quontic Bank has a strong BBB rating of A+.

Potential Drawbacks

  • Requires a minimum deposit of $100 to open the High Yield Savings account.
Summary: Quontic Bank's High Yield Savings account offers a better APY of 3.75% compared to American Express's 3.50%. Additionally, Quontic has a favorable BBB rating of A+, while American Express has an F rating. However, American Express has no minimum deposit requirement, unlike Quontic's $100 minimum. Both banks operate online only and have no maintenance fees.

→ As of November 12, 2025 American Express offers an APY of 3.50% for its High Yield 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 $25 more than American Express on a $10,000 balance after one year. American Express pays $350, while Quontic Bank pays $375 - an APY advantage for Quontic Bank.

Calculate Savings Growth for American Express vs Quontic Bank

All calculations are based on APY.

American Express - High Yield Savings Account

Top APY: 3.50%

Total savings breakdown:

  • Interest earned: $2,114.1 (10.51%)
  • Total contributions: $13,000 (64.63%)
  • Initial deposit: $5,000 (24.86%)

Your total balance

$20,114.10

Effective APY: 3.50% (based on your deposit and contributions)

Total balance: $20,114.1

Earnings: $2,114.1

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, American Express's total earnings would be $159.7 lower than Quontic Bank's total earnings.

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

Compare American Express' vs Quontic Bank's Savings Accounts

American ExpressQuontic Bank
ProductHigh Yield Savings AccountvsHigh Yield Savings
APY
3.50% (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 Rating4.9/54.8/5
Google Play Rating3.6/54.8/5
BBB RatingFA+

Comparative Historical APY Insights (Last 10 Months)

American ExpressQuontic Bank
ProductHigh Yield Savings AccountvsHigh Yield Savings
Latest APY3.50 %3.75 %
TrendSidewaysSideways
Slope (bps/mo)-3.3-1.5
Rate Changes / Mo0.310.10
Days Since Last Change113139
High (-10 m)3.80 %3.85 %
Low (-10 m)3.50 %3.75 %
Draw-down from High-7.9 %-2.6 %
Volatility (CV)0.0280.013
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 10 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 (-10 m)
Highest APY in the last 295 days.
Low (-10 m)
Lowest APY in the last 295 days.
Draw-down from High
How far today sits below the 10-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 American Express' APY of 3.50% with other banks
Bank PairCompetitor APYMin Deposit
American Express vs Ally Bank3.30%$0
American Express vs Axos Bank4.51%$0
American Express vs Bank of America0.01%$100
American Express vs Barclays4.10%$0
American Express vs Bask Bank3.90%$0
American Express vs BMO Alto3.25%$0
American Express vs BrioDirect4.00%$5,000
American Express vs Capital One3.40%$0
American Express vs Chase Bank0.01%$0
American Express vs Chime3.50%$0
American Express vs CIT Bank3.85%$100
American Express vs Citibank3.35%$0
American Express vs Citizens Access™3.35%$0.01
American Express vs Discover Bank3.40%$0
American Express vs Elevault4.08%$0
American Express vs EverBank4.05%$0
American Express vs Fitness Bank4.75%$100
American Express vs FNBO Direct3.00%$1
American Express vs Forbright Bank4.00%$0
American Express vs FVCbank3.85%$500
American Express vs GO2bank4.50%$0
American Express vs Ivy Bank4.25%$2,500
American Express vs LendingClub4.20%$0
American Express vs Marcus by Goldman Sachs3.65%$0
American Express vs Neighbors Bank4.50%$0
American Express vs Newtek Bank4.35%$0
American Express vs Openbank4.20%$500
American Express vs Peak Bank4.20%$100
American Express vs Pibank4.60%$0
American Express vs Presidential Bank4.25%$5,000
American Express vs Santander Bank0.01%$25
American Express vs SoFi Bank4.30%$0
American Express vs Synchrony Bank3.80%$0
American Express vs TIMBR4.40%$1,000
American Express vs UFB Direct3.71%$5000
American Express vs Valley Direct4.10%$1,000
American Express vs Varo Bank5.00%$0
American Express vs Vio Bank4.21%$100
American Express vs Wealthfront4.15%$0
American Express vs Wells Fargo0.05%$25
American Express vs Zynlo Bank4.20%$10
Compare Quontic Bank's APY of 3.75% with other banks