When does the funding happen during the application process?
The funding step takes place during the application process. Before submitting your application, you’ll be prompted to either link your external bank account or manually enter your account details. You’ll also need to authorize the initial deposit at that time. This step is required to complete and submit your application.
Can I delete my application information?
We’re unable to delete information associated with declined or cancelled applications. Maintaining these records is necessary to ensure the integrity of our application process and to comply with banking regulations. Rest assured, we do not sell or use your information for any other purpose. For more details, please refer to our Privacy Statement.
Will Quontic still withdraw the funding deposit from my external account if my application was declined?
No. If your application is declined, Quontic will not initiate a funding deposit from your external account.
How will I know if my application was declined?
You will receive a notification via email with details regarding the status of your application.
My application was declined. Can I reapply?
We understand how disappointing it can be to have your application declined. At this time, we’re unable to accept a new application once one has been declined. However, we’re continuously working to improve our process, and we encourage you to check back in 6 months to try again. We appreciate your interest in Quontic Bank […]
Do joint owners need to fund the account separately?
No, only one initial deposit is required to open the account. Joint owners do not need to fund the account separately unless they choose to.