Save, earn, & grow
With a Quontic online savings account, your hard-earned funds are doing the work for you. From a High Yield Savings account to a Money Market account or even a CD, exceed your financial goals with leading interest rates to get you there. Also, we don’t charge monthly service fees or overdraft fees, so your savings can go further.
High Yield Savings
Interest is compounded daily and credited to your account every month. Minimum opening deposit: $100. No monthly service fees.
Money Market
Certificate of Deposit
With a Quontic CD, save now to reap the rewards later. Lock in a leading rate with our 6 month, 12 month, 36 month, or 60 month options, and leave the rest to us.
Frequently Asked Questions
Can I take money out of a savings account?
Yes! However, if you’re taking money out of your Quontic Money Market or High Yield Savings account, you may make no more than six pre-authorized withdrawals, automatic or telephonic transfers, checks, drafts, and debit card and similar transactions from your account per month or statement cycle. You will be contacted in the event you exceed the transaction limitations and your account may be changed due to a transactional account.
When is the interest paid out?
Interest is compounded daily and credited to your account every month.
What does the interest rate mean?
The interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed.
What is the difference between a money market account
and a savings account?
Our High Yield Savings accounts earns a higher interest rate than our Money Market account and has a $0 monthly fee with no conditional average daily account balance requirement.
Disclaimer:
1High Yield Savings Account – $100 to open to 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 December 20, 2024.
3Certificate of Deposit. Minimum $500 to open account. Withdrawals before the maturity date are subject to penalties. Fees could reduce earnings. Additional terms, conditions, fees & exclusions may apply. Annual Percentage Yield (APY) and information is accurate and effective as of November 19, 2024. Subject to change without notice.
