Citibank vs. Quontic Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Citibank vs. Quontic Bank
Key Metrics at a Glance
| Feature | Citibank | Quontic Bank |
|---|---|---|
| Top Savings APY | 3.35% Citi Accelerate Savings | 3.75% High Yield Savings |
| Minimum to Open | $0 | $100 |
| Minimum Balance for Top APY | $0.01 | $0 |
Citibank
Strengths
- Citi Accelerate Savings has a low minimum deposit of $0.
- Citi Accelerate Savings allows for an average monthly balance of > $500 to waive the maintenance fee.
- Citi Accelerate Savings offers a solid App Store rating of 4.9.
Potential Drawbacks
- Citi Accelerate Savings has a lower APY of 3.35% compared to Quontic Bank's 3.75%.
- Citi Accelerate Savings has a D- BBB rating, indicating low trustworthiness.
- Citi Accelerate Savings charges a $4.50 maintenance fee if the balance requirement is not met.
Quontic Bank
Strengths
- Quontic Bank's High Yield Savings offers a higher APY of 3.75%.
- Quontic Bank has an A+ BBB rating, reflecting high trustworthiness.
- Quontic Bank has no maintenance fees, making it more cost-effective.
Potential Drawbacks
- Quontic Bank requires a minimum deposit of $100 to open the High Yield Savings account.
- Quontic Bank has no physical branches, limiting in-person banking options.
- Quontic Bank's App Store rating is slightly lower at 4.8.
Summary: Citi Accelerate Savings offers a lower APY of 3.35% and has a D- BBB rating, while Quontic Bank provides a higher APY of 3.75% with an A+ BBB rating. Quontic Bank has no maintenance fees, making it more cost-effective, but requires a $100 minimum deposit. Citibank has a higher App Store rating of 4.9 compared to Quontic's 4.8, but lacks the same level of trustworthiness as indicated by its BBB rating.
→ As of November 12, 2025 Citibank offers an APY of 3.35% for its Citi Accelerate Savings account, with a minimum balance of $0.01, compared to Quontic Bank's 3.75% APY for its High Yield Savings account, with a minimum balance of $0.
→ Quontic Bank yields $40 more than Citibank on a $10,000 balance after one year. Citibank pays $335, while Quontic Bank pays $375 - an APY advantage for Quontic Bank.
→ In addition, Citibank also offers 0.03% APY for the Citi® Savings Account account.
Calculate Savings Growth for Citibank vs Quontic Bank
All calculations are based on APY.
Citibank - Citi Accelerate Savings
Top APY: 3.35%
Total savings breakdown:
- Interest earned: $2,018.8 (10.08%)
- Total contributions: $13,000 (64.94%)
- Initial deposit: $5,000 (24.98%)
Your total balance
$20,018.80
Effective APY: 3.35% (based on your deposit and contributions)
Total balance: $20,018.8
Earnings: $2,018.8
Bank OverviewQuontic 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 OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Citibank's total earnings would be $255 lower than Quontic Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Citibank's vs Quontic Bank's Savings Accounts
| Citibank | Quontic Bank | |||
|---|---|---|---|---|
| Product | Citi Accelerate Savings | Citi® Savings Account | vs | High Yield Savings |
| APY | 3.35% (as of 11/12/2025) | 0.03% (as of 11/12/2025) | 3.75% (as of 11/12/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | No | Yes | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $0 | $0 | $100 | |
| Minimum Balance for APY | $0.01 | $0.01 | $0 | |
| Maintenance Fee | $4.50. Waived for average monthly balances > $500 | $4.50. Waived for average monthly balances > $500 | $0 | |
| Direct Deposit Required | No | No | No | |
| Eligibility | Alaska, Alabama, Arkansas, Arizona, Colorado, Delaware, Florida (select parts), Georgia, Hawaii, Iowa, Idaho, Illinois (select parts), Indiana, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia (partial), Washington (partial), Wisconsin, West Virginia, Wyoming. | California, Connecticut, Maryland, Nevada, New Jersey, New York, Virginia (partial), Washington D.C., and select parts of Florida and Illinois. In addition, promotional rates may be available if requirements are met. | United States | |
| App Store Rating | 4.9/5 | 4.8/5 | ||
| Google Play Rating | 4.8/5 | 4.8/5 | ||
| BBB Rating | D- | A+ | ||
Comparative Historical APY Insights (Last 9 Months)
| Citibank | Quontic Bank | |||
|---|---|---|---|---|
| Product | Citi® Savings Account | Citi Accelerate Savings | vs | High Yield Savings |
| Latest APY | 0.03 % | 3.35 % | 3.75 % | |
| Trend | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | 0.0 | -4.8 | -1.5 | |
| Rate Changes / Mo | 0.00 | 0.52 | 0.10 | |
| Days Since Last Change | 289 | 9 | 139 | |
| High (-9 m) | 0.03 % | 3.80 % | 3.85 % | |
| Low (-9 m) | 0.03 % | 3.35 % | 3.75 % | |
| Draw-down from High | 0.0 % | -11.8 % | -2.6 % | |
| Volatility (CV) | 0.000 | 0.039 | 0.013 | |
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.