GOBankingRates Best Savings Accounts 2022; Member FDIC

High Yield Savings

3.20% ANNUAL
PERCENTAGE YIELD1
nerdwallet: 4.5 out of 5 stars
Bankrate: 4.7 out of 5 stars
Forbes Best Overall Online Bank 2022
smartasset: 4.8 out of 5 stars
GoBankingRates: 4.5 out of 5 stars
GOBankingRates rating: 4.5 out of 5 stars
Forbes Best Overall Online Bank 2022
smartasset rating: 4.8 out of 5 stars
nerdwallet rating: 4.5 out of 5 stars
National Average APY: 0.24% Quontic APY: 3.20%

Account Features

Frequently Asked Questions

Interest is compounded daily based on your posted account balance.

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

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.

Yes, the minimum amount to open a High Yield Savings account is $100.

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:

1High Yield Savings Account – $100 to open account. 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. Ask for details. Additional terms, conditions, fees & exclusions may apply. Information is as of November 23, 2022.

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

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