Quontic Bank vs. Salem Five Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Quontic BankHigh Yield Savings Jan 7, 2026 | Salem Five DirecteOne Savings Jan 7, 2026 |
|---|---|---|
| APY | 3.50% | 3.61% |
Est. Earnings | $5,000+$175 $10,000+$350 $25,000+$875 | $5,000+$181 $10,000+$361 $25,000+$903 |
Min Deposit | $100 | $10 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Quontic Bank vs. Salem Five Direct
As of Quontic Bank offers an APY of 3.50% for its High Yield Savings account, with a minimum balance of $0, compared to Salem Five Direct's 3.61% APY for its eOne Savings account, with a minimum balance of $0.01.
Salem Five Direct pays $11 more than Quontic Bank on a $10,000 balance after one year. Quontic Bank pays $350, while Salem Five Direct pays $361 - an APY advantage for Salem Five Direct.
Why Quontic Bank?
- ✓Higher rated Android app (4.9 vs 4.2)
Why Salem Five Direct?
- ✓Higher potential APY (3.61% vs 3.50%) on all balances
— Key Feature Differences —
Better Returns at $10,000
Salem Five DirectSalem Five Direct's eOne Savings earns more on smaller deposits (approx. $361 vs $350/yr).
Better Returns at $25,000
Salem Five DirectSalem Five Direct's eOne Savings pulls ahead with larger amounts (approx. $903 vs $875/yr).
Shared Benefits
Over a 1-year period, Salem Five Direct's eOne Savings pays $11 more interest on a $10,000 balance than Quontic Bank's High Yield Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Salem Five Direct offers a competitive eOne Savings account with an APY of 3.61%, making it the higher-yield option compared to Quontic Bank's High Yield Savings account, which has an APY of 3.50%. Both accounts require no maintenance fees and have no direct deposit requirements, though Salem Five Direct only requires a minimum deposit of $10, while Quontic requires $100. Both accounts are online-only and have FDIC insurance. For those looking for higher returns, Salem Five Direct's eOne Savings is the preferred choice.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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Quontic Bank vs. Salem Five Direct Savings Calculator
You earn $11 more with Salem Five Direct than Quontic Bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Quontic Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$350.00(3.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,350.00
Salem Five Direct
eOne Savings
Savings Breakdown
- Interest Earned+$361.00(3.5%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,361.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Quontic Bank | Salem Five Direct |
|---|---|---|
| APY | 3.50% Verified: 1/7/2026 ↘︎ 0.25%90d Change | 3.61% Verified: 1/7/2026 ↘︎ 0.40%90d Change |
| Product Name | High Yield Savings | eOne Savings |
| Minimum Deposit | $100 | $10 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.8 Android4.9 | iOS4.7 Android4.2 |
| Zelle® Support | Available Limit: $1,000/dayDigital-first bank with full native support. | Available Uses shared Salem Five mobile platform. |
| BBB Rating | A+ | A- |
| Next Steps | Visit SiteGo to Quontic Bank * Secure link to our partner | Visit SiteVerify at Salem Five Direct Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Quontic Bank | Salem Five Direct |
|---|---|---|
| High Yield Savings | eOne Savings | |
Current APY | 3.50% | 3.61% |
Trend | Stable | Stable |
Velocity (bps/mo) | -1.6 | -3.3 |
Days Since Change | 8 | 21 |
11-Month High | 3.85% | 4.01% |
11-Month Low | 3.50% | 3.61% |
Adjustments / Mo | 0.17 | 0.26 |
Volatility Score | 0.019 | 0.037 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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