Money Market Account
For more information on transfers, limits, and other details, check out our FAQs.
No hidden fees
No monthly fees
No nonsense
Raise the bar with 4.25% APY
Quontic raises the bar, and keeps raising it. An APY that’s consistently over 6x higher than the national average2.
Frequently Asked Questions
What do I need to get started?
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!
Is there a minimum opening deposit?
Yes, the minimum amount to open a Money Market account is $100.
Are these rates introductory?
No, there is no introductory rate period. The rates shown apply to all new and existing accounts. This is a variable rate account and rates are subject to change.
Is there a maximum opening deposit?
Yes, as part of the application process, there is an initial opening maximum. Immediately after opening the account, you are able to add more funds. We do not have a maximum balance.
How can I add funds to my account?
You can add funds to your account by:
- Transferring money to your Quontic account from your external accounts
- Use routing number 021473030
- Utilize the mobile app to deposit checks directly to your account
- Wire money into the account for free
- Quontic does not charge a fee for an incoming wire transfer, however the financial institution that sends funds may charge for this service
I have been a Quontic customer for less than 30 days. How can I get access to my funds?
When you have successfully opened an account at Quontic, you can opt in to receive a debit card or ATM card, depending on the product you selected during account opening. You will also have access to person to person payments through Zelle in our mobile app. Lastly, if you initiate the transfer from your other banking institution, whether you are pulling funds from your Quontic account or sending to it, our limits do not apply. Once you have been a customer at Quontic for 30 days or more, you will be given access to the external transfer feature.
What are my daily and monthly external transfer limits at Quontic?
Limits range from $2,000 daily to $10,000 monthly, depending on user levels and cadence. You can see more specific information about your limits in online and mobile banking under Transfer and Pay > Transfers and click the limits hyperlink towards the bottom of the page.
What is an external transfer?
Quontic may make it possible for a customer to initiate and conduct external transfers through Quontic online banking with limitations. A transaction is considered an outbound external transfer if funds are transferred out of your Quontic Bank accounts into your Non-Quontic Bank Accounts. Once you have access to external transfers, you can link your non-Quontic Bank accounts by inputting your account and routing number, and verifying two micro deposits.
Does this account come with a Debit Card?
Yes, you can get a debit card for your Quontic money market account.
How is my interest calculated?
Interest is compounded daily based on your posted account daily balance.
When is interest paid?
Interest is credited to your account every month at the end of your statement cycle.
What you get
Banking should be easy
- Send & Receive
Remote check deposit, bill pay, and account transfers. Make and receive payments to your contacts. - Financial Tools
Track your spending and monitor credit with a full credit report, and credit report monitoring. - Synced Accounts
A birds-eye view of all your bank accounts, and loans in one place. - Biometric Authentication
Log in to your account securely with your fingerprint or facial recognition.
Support when you need it, and how you want it
Banking with a purpose
Disclaimer:
2National Average APY information as of March 26, 2025, according to the FDIC National Rates and Rate Caps.
Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
