High Yield Savings
PERCENTAGE YIELD1
- Apply in 3 minutes or less
- No monthly service fees
- $100 minimum opening deposit
- Interest compounded daily
- FDIC insured to the maximum legal limits
Raise the bar with 3.20% APY
Frequently asked questions
How do I open a High Yield Savings account?
You can securely open your new account online in less than 3 minutes by visiting https://www.quontic.com/banking/open-an-account/.
What do I need to open a High Yield Savings account?
To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, social security number to allow us to identify you. We may also ask for a valid government-issued ID. You must be a U.S. Citizen and 18 years or older to open an account.
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?
Yes, the minimum amount to open a High Yield Savings account is $100.
How is the interest on my High Yield Savings account calculated?
Interest is compounded daily based on your posted account balance.
What you get
Financial Tools
Track your spending and monitor credit with a full credit report, and credit monitoring.
Banking should be easy
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Send & Receive
Remote check deposit, bill pay, and account transfers. Make and receive payments to your contacts. -
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:
1High Yield Savings Account – $100 to open account. 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. Ask for details. Additional terms, conditions, fees & exclusions may apply. Information is as of May 14, 2026.
2 National Average APY information as of May 14, 2026, according to the FDIC National Rates and Rate Caps.
