Money Market Account
EARN 3.90% APY1
Get the best of both worlds. Enjoy a high yield on your account balance with the added benefits of a checking account, including a free debit card and check writing privileges. Minimum $100 opening deposit required.
For more information on transfers, limits, and other details, check out our FAQs.
FDIC-Insured - Backed by the full faith and credit of the U.S. government
No hidden fees
No monthly fees
No nonsense
Earn more and keep it. View the short list of fees that could occur on your account here.
3.90% APY
Quontic
0.63% APY
National Average
Raise the bar with 3.90% APY
Quontic raises the bar, and keeps raising it. An APY that’s consistently above the national average2.
Frequently Asked Questions
What is the difference between Quontic’s Money Market account and High Yield Savings account?
| Money Market | High Yield Savings | |
|---|---|---|
| Product Description | The Money Market account is a checking account that offers a debit card and check-writing privileges. | A high-yield savings account allows our customers to earn higher interest than a regular savings account. |
| Current APY | For current APY’s, view our Rate Sheet. | |
| Minimum Deposit | $100.00 | $100.00 |
| ATM Access | Yes, customers can request a Debit Card | Yes, customers can request an ATM card |
| Check Writing | Yes, Options | Checks are not an option for our savings account |
| Fees | No Monthly or Overdraft fees *Other fees may apply | No Monthly or Overdraft fees *Other fees may apply |
| FDIC Insurance | Available on eligible accounts | Available on eligible accounts |
| Zelle | Yes | Not available for HYS |
| Quontic Ring | Yes, customer can order a Quontic Ring | Not available for HYS |
| Mobile Deposit | Yes | Yes |
| Bill Pay | Yes | Not available for HYS |
How is the interest on my Money Market Account calculated?
Interest is compounded daily based on your posted account daily balance.
Does the Money Market Account come with a Debit Card?
Yes, you can get a debit card for your Quontic money market account.
How do I open a Money Market Account?
You can securely open your new Money Market Account online in less than 3 minutes by visiting https://www.quontic.com/banking/open-an-account/.
Is there a minimum opening deposit?
Yes, the minimum amount to open a Money Market Account is $100.
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
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.
Disclaimer:
1Money Market Account is a tiered variable account wherein 3.90% 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. Additional terms, conditions, fees & exclusions may apply. Rates may change without notice. 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 September 1, 2026.
2National Average APY information as of September 1, 2026, 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.
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.
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