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12 Month CD

3.50%

Annual Percentage Yield1

Are you looking for a savings option with a competitive APY that won’t tie up your money for a long time? Quontic’s 12 month Certificate of Deposit may be the right solution for you. Open your account in 3 minutes or less.

  • No monthly service fee
  • FDIC insured to the maximum legal limits3
  • Minimum $500 deposit required
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FDIC
FDIC-Insured - Backed by the full faith and credit of the U.S. government
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smartasset: 4.8 out of 5 stars
FedFis 2026 Innovative Bank Leader, Data-Driven Recognition by Bankers
nerdwallet: 4.5 out of 5 stars
Bankrate: 4.7 out of 5 stars
GoBankingRates: 4.5 out of 5 stars

See how much your money could grow with Quontic

$25,000

12 Months

Quontic logo

$0

Interest Earned

National Average

$0

Interest Earned

Frequently asked questions

You can securely open your new CD account online in less than 3 minutes by visiting https://www.quontic.com/banking/open-an-account/.

To make your initial deposit, you can transfer money from your existing Quontic account, you can transfer money from an external account via ACH, or using Plaid’s technology. Please ensure that you have sufficient funds available to be transferred.

When you open a Certificate of Deposit, we will ask for your name, address, date of birth, social security number to allow us to identify you. We may also ask for a valid government-issued ID. There is a minimum of $500 to open. You must be a U.S. Citizen and 18 years or older to open an account.

The maximum deposit to open a CD is $1,000,000.

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open a Certificate of Deposit, we will ask for your name, address, date of birth, social security number, and a valid government-issued ID to allow us to identify you. You must be a U.S. Citizen and 18 years or older to open an account.

The minimum deposit required to open a CD is $500.

Your CD rate will be unaffected and remain the same. When you open a CD with Quontic, you are locked into the then-rate for the CD’s entire term length.

No, once you open a CD you cannot add money to it during its term length. However, you can open another CD with Quontic!

We will send you a Maturity Notice before your CD’s maturity date. There is a 10 calendar day grace period during which you may withdraw principal without penalty or renew your CD with the same term. You may also close your CD and open a new one with a different term.

The grace period begins on the day after the CD maturity date and runs for ten calendar days (maturity date plus 10 days). To make changes or close your CD, please call us at 1-800-908-6600 during the 10-day grace period. You can also make the request via secure messaging in Online Banking by going to ‘Self Service’ and ‘Secure Messaging’ or you can email us at [email protected].

If you do not contact us by the end of the 10-day grace period (and we do not send you a notice of non-renewal), your CD will automatically renew for another term. The interest rate upon renewal will be set at Quontic Banks then-current rate for similar term CDs. The renewal term will begin (retroactively) on the day after the maturity date of the previous CD term.

The principal balance for the renewal term will be the total balance in the CD (principal plus the interest that was not previously withdrawn) on the date the CD account is renewed. Your CD will continue to earn the current interest rate during the 10-day grace period. A confirmation will be sent verifying the renewal terms.

You can view your CD details by signing onto your Online Banking Account. Click on Account and account details.

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    Log in to your account securely with your fingerprint or facial recognition.

Support when you need it, and how you want it

100% US-based support. Chat live, request a call or speak through your computer’s audio.

Banking with a purpose

With Quontic, you’re more than just an account number. You’re a partner on our mission. As a CDFI, we’re the bank that helps bring the dream of homeownership to low-income families, immigrants, people of color, small business owners, and others who are unable to obtain mortgage financing through traditional lenders. Feel good about who you bank with.

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Is this not the right option for you? Check out our other CD terms.

Disclaimer:

Ask for details. Additional terms, conditions, fees & exclusions may apply. If the account is closed before interest and/or bonus is credited, accrued interest and/or bonus may be forfeited for that statement cycle. Fees could reduce earnings. In order to sign up for online banking, you must have a Quontic Bank account. Mobile banking requires enrollment through online banking. Data connection required. Wireless carrier fees may apply. There is no charge from Quontic Bank for account alerts, but message & data rates may apply. Mobile check deposit is available for select mobile devices. Subject to eligibility & further review. Deposits are subject to verification & not available for immediate withdrawal. Deposit limits & other restrictions may apply.

Online Account Opening is only available to consumers. Ask for details. Data connection required to open an account online. Wireless carrier fees may apply. Application is subject to approval & further review. Information is accurate as of the date listed below and may change without notice.

1Certificate of Deposit. Minimum $500 to open account. Withdrawals before the maturity date are subject to penalties. Fees could reduce earnings. Additional terms, conditions, fees & exclusions may apply. Annual Percentage Yield (APY) and information is accurate and effective as of June 18, 2026. Subject to change without notice.

2National Average APY information as of June 18, 2026, according to the FDIC National Rates and Rate Caps.

3FDIC insurance is applicable to eligible deposit accounts and up to the maximum allowed by law. Learn more at FDIC: Deposit Insurance.

Bankrate is a registered trademark of Bankrate, LLC. Forbes is a registered trademark of Forbes LLC. SmartAsset is a registered trademark of Financial Insight Technology, Inc. NerdWallet is a registered trademark of NerdWallet, Inc. GoBankingRates is a registered trademark of ConsumerTrack, Inc.