High Yield Savings
PERCENTAGE YIELD1
- Apply in 3 minutes or less
- No monthly service fees
- $100 minimum opening deposit
Account Features
- An APY that’s over 10x higher than the national average2
- Interest compounded daily
- No monthly service, overdraft, or non-sufficient funds fees
- Fully mobile and online banking
- FDIC insured to the maximum legal limits
Human support at your fingertips
Frequently Asked Questions
How is my interest calculated?
Interest is compounded daily based on your posted account balance.
When is interest paid?
How do I fund my 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.
Is there a minimum opening deposit?
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.
Disclaimer:
1High Yield Savings Account – $100 to open account. Rates may change without notice. There is a $10.00 excess transaction fee for every transaction over six for preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or similar transactions from your account per account statement cycle. 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. Ask for details. Additional terms, conditions, fees & exclusions may apply. Information is as of May 11, 2023.
2 National Average APY information as of April 17, 2023, according to the FDIC National Rates and Rate Caps.
Open your account in 3 minutes or less! Open an account Open an account 
