Get a great rate for the Quontic Bank High Yield Savings Account. Quontic bank is a digital bank and is often ranked in the top 10 in this space. Details below.
- Update 7/31/2023: The High Yield Savings account gets a rate increase to 4.50% APY.
- Update 5/11/2023: The APY rate on their HYS account increased from 4.05% to 4.25%.
- Update 4/19/2023: The APY rate on their HYS account increased from 3.70% to 4.05%.
- Update 2/8/2023: The APY rate on their HYS account increased from 3.50% to 3.70%.
- Update 12/19/2022: The APY rate on their HYS account increased from 3.20% to 3.50%.
- Update 11/28/2022: The APY on their High Yield Savings has increased.
Compare their rates with the nation’s best Savings rates here and the best CD rates here.
See the bottom of this page for more offers from Quontic.
Quontic Bank High Yield Savings Details (Available Nationwide)
- Earn 4.50% APY with a Quontic High Yield Savings Account
- Start earning interest from Day 1 of your first deposit with no limit on how much you can earn.
- Open an account online in just 3 minutes
- Interest is compounded daily and credited to your account every month
READ MORE: GET TOP OFFERS FROM CHASE, AXOS, BANK OF AMERICA, TD BANK, AND BMO.
Terms
- High 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.
TRENDING DEAL:
Quontic Bank’s Savings Account Can Help Grow Your Money Faster
One of the best things about Quontic Bank’s savings account is the competitive high-yield rate. The rate is higher than the average rate offered by traditional savings accounts. This can be a great way to make your money work for you and grow your savings faster.
You can rest easy knowing that your money is safe and secure and still earns a high return during this economic environment.
READ MORE: BEST ONLINE SAVINGS AND MONEY MARKET ACCOUNT RATES
Online Banking Convenience
Quontic Bank’s online banking platform is a convenient way to manage your money.
You can access your account from anywhere with an internet connection and do everything from checking your balance to transferring money.
The platform is user-friendly and easy to navigate, so you can quickly and easily find the information and features you need. Plus, the platform is secure, so you can be sure your personal and financial information is protected.
Quontic Bank’s mobile app is a great way to manage your money on the go. The app is available for both iOS and Android devices and comes with a variety of features that make managing your money easy.
You can check your account balance, transfer money, and deposit checks right from your phone. Set up push notifications, so you’ll always be aware of any important account activity.
For withdrawals, you’ll have access to 90,000+ ATMs across the nation.
READ MORE: BEST QUONTIC BANK PROMOTIONS, OFFERS
Bottom Line
The standout feature of the Quontic Bank High Yield Savings account is the impressive rate, which sets it apart from traditional savings accounts.
I appreciate that you can start earning interest from day one and that there’s no limit on how much you can earn. Plus, the fact that interest is compounded daily and credited every month makes it even more appealing.
Opening an account is quick and easy, taking just about 3 minutes online. The online banking platform and mobile app are user-friendly, secure, and convenient, which allows you to manage your money effortlessly. With a low minimum opening deposit of $100 and no monthly or overdraft fees, this account is accessible for a variety of users.
However, there are some caveats to keep in mind. Rates may change without notice, and there is a $10 excess transaction fee for every transaction over six per account statement cycle. Additionally, closing the account before interest or bonus is credited may lead to forfeited earnings.
Despite these minor drawbacks, I find the Quontic Bank High Yield Savings Account to be an excellent option for those looking to maximize their savings potential. The combination of high interest rates, ease of use, and the security of FDIC insurance makes it a great choice for anyone seeking a reliable and competitive savings account.
Just be mindful of the potential fees and changes in rates, and you’ll be well on your way to growing your savings at an impressive rate.
Other benefits include mobile check deposit and access to 90,000+ ATMs across the nation.
More from Quontic:
- Best Quontic Bank Promotions, Offers (Available Nationwide)
- Quontic Bank Money Market Account 5.00% APY Offer [Nationwide]
- Earn Up To 5.30% APY: Quontic Bank’s Best CD Account Offers (Available Nationwide)
- Quontic Bank High Interest Checking Account Earns 1.10% APY (Nationwide)
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
