Ivy Bank vs. Quontic Bank

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

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Summary of Ivy Bank vs. Quontic Bank

Key Metrics at a Glance

FeatureIvy BankQuontic Bank
Top Savings APY

4.25%

High-Yield Savings Account

3.75%

High Yield Savings

Minimum to Open$2,500$100
Minimum Balance for Top APY$2,500$0

Ivy Bank

Strengths

  • Ivy Bank offers a higher APY of 4.25% compared to Quontic Bank's 3.75%.
  • Ivy Bank has no minimum balance requirement for its high-yield savings account.
  • Ivy Bank's App Store rating is 4.7, slightly lower than Quontic Bank's.

Potential Drawbacks

  • Ivy Bank has no branches for banking services.
  • Ivy Bank's Google Play rating is only 3.5, significantly lower than Quontic Bank's 4.8.
  • Ivy Bank's minimum deposit requirement is $2,500, higher than Quontic Bank's $100.

Quontic Bank

Strengths

  • Quontic Bank has a lower minimum deposit requirement of $100.
  • Quontic Bank offers a higher Google Play rating of 4.8 compared to Ivy Bank's 3.5.
  • Quontic Bank has no minimum balance requirement for its high-yield savings account.

Potential Drawbacks

  • Quontic Bank's APY of 3.75% is lower than Ivy Bank's 4.25%.
  • Quontic Bank has no branches for banking services.
  • Quontic Bank's App Store rating is slightly higher at 4.8, but not as high as Ivy Bank's.
Summary: Ivy Bank offers a superior APY of 4.25% for its high-yield savings account, compared to Quontic Bank's 3.75%. However, Quontic Bank has a lower minimum deposit of $100 and higher ratings on both App Store and Google Play. Both banks operate online only, lacking physical branches, and neither is BBB accredited, though Quontic has a better BBB rating of A+ versus Ivy's A-.

→ As of November 12, 2025 Ivy Bank offers an APY of 4.25% for its High-Yield Savings Account, with a minimum balance of $2,500, compared to Quontic Bank's 3.75% APY for its High Yield Savings account, with a minimum balance of $0.

Ivy Bank yields $50 more than Quontic Bank on a $10,000 balance after one year. Ivy Bank pays $425, while Quontic Bank pays $375 - an APY advantage for Ivy Bank.

Calculate Savings Growth for Ivy Bank vs Quontic Bank

All calculations are based on APY.

Ivy Bank - High-Yield Savings Account

Top APY: 4.25%

Total savings breakdown:

  • Interest earned: $2,596.8 (12.61%)
  • Total contributions: $13,000 (63.12%)
  • Initial deposit: $5,000 (24.28%)

Your total balance

$20,596.80

Effective APY: 4.25% (based on your deposit and contributions)

Total balance: $20,596.8

Earnings: $2,596.8

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, Ivy Bank's total earnings would be $323 higher than Quontic Bank's total earnings.

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

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

Ivy BankQuontic Bank
ProductHigh-Yield Savings AccountvsHigh Yield Savings
APY
0.05% - 4.25% (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$2,500$100
Minimum Balance for APY$2,500$0
Maintenance Fee$0$0
Direct Deposit Required
NoNo
EligibilityResidents of California and U.S. Territories (except District of Columbia) are ineligible to apply.United States
App Store Rating4.7/54.8/5
Google Play Rating3.5/54.8/5
BBB RatingA-A+

No historical data available.

More Comparisons

Compare Ivy Bank's APY of 4.25% with other banks
Compare Quontic Bank's APY of 3.75% with other banks