Money Market Account

EARN 3.50% APY1

With an APY over 9x the national average2, let our Money Market account do all of the work. Minimum opening deposit: $100. Limit of 6 transfers and withdrawals per statement cycle.3 APY earned on the account daily balance.

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smartasset: 4.8 out of 5 stars
Forbes Best Overall Online Bank 2022
nerdwallet: 4.5 out of 5 stars
Bankrate: 4.7 out of 5 stars
GoBankingRates: 4.5 out of 5 stars
3.50% APY
Quontic
0.38% APY
National Average

Savings as easy as 1-2-3...

1. Open an account

Apply in 3 minutes or less and fund your account with money from an existing Quontic account or another bank.

2. Earn interest daily

Accrue an APY that’s drastically higher than the national average.2 Your interest is compounded daily and credited to your account every month. APY earned on the account daily balance.

3. Watch your money grow

Set, reach, and exceed your savings goals. Access and monitor your money 24/7/365 online or via our mobile app.

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Human support at your fingertips

Get the support you need when you need it. With Quontic’s digital customer service, you can speak to one of our customer success representatives by:
Using the audio through your computer
Entering your phone number so we can call you
Initiating a live chat session

Frequently Asked Questions

Our secure account opening process takes less than 3 minutes from start to finish! We ask for a few pieces of information like basic contact info, your social security number, and DOB. You will then be able to fund your account instantly!

Yes, the minimum amount to open a Money Market account is $100.

Yes, you can get a debit card for your Quontic money market account.

Interest is compounded daily based on your posted account daily balance. 

Interest is credited to your account every month at the end of your statement cycle.

What you get

Fully mobile & online banking

Fully mobile & online banking

Enjoy the convenience of banking on your terms—whenever you want, anytime you want with our online banking platform and dynamic mobile app. Features like remote check deposit, bill pay, account transfers, the ability to send money through Zelle® and receipt tracking make managing your finances easy.

No monthly or overdraft fees

No monthly or overdraft fees

Unexpected fees are never a good thing. We will never surprise you with hidden monthly fees. View the full list of fees that could occur on your account here.

Insured and secured

Insured and secured

Rest easy when you bank with Quontic. All eligible accounts are FDIC insured4 and include advanced security monitoring. You can lock and unlock your debit card online and are fully protected against unauthorized debit card transactions.

Security Center

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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Disclaimer:

1Money Market Account is a tiered variable account wherein 3.50% annual percentage yield applies to all balance tiers, which are identified as $0.01–$4.999.99, $5,000.00–$149,999.99 and balances over $149,999.99. Ask for details. Additional terms, conditions, fees & exclusions may apply. 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. Minimum opening deposit: $100. Information is as of December 23, 2022.

2National Average APY information as of December 23, 2022, according to the FDIC National Rates and Rate Caps.

3There is a $10.00 excess transaction fee for every transaction and withdrawal over the allotted six for preauthorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card or similar transactions from your account per account statement cycle.

4FDIC insurance is applicable to eligible deposit accounts and up to the maximum allowed by law. Learn more at FDIC: Deposit Insurance

Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

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.