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 […]
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/high-yield-savings/.
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.
How is the interest on my High Yield Savings account calculated?
Interest is compounded daily based on your posted account balance.
Is there a minimum opening deposit?
Yes, the minimum amount to open a High Yield Savings account is $100.
What is the difference between Quontic’s High Yield Savings account and Money Market account?
Money Market High Yield Savings Product Description The Money Market account is a savings 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, […]
