Quontic Bank High Interest Checking Account

Quontic Bank High Interest Checking Account Review

Quontic Bank High Interest Checking Account is offered by Quontic Bank, a bank founded in 2009 and based in New York, NY. Quontic Bank High Interest Checking Account are available in 50 states (and Washington, DC).

Key Takeaways

• APY is based on the account balance and making at least 10 qualifying debit card point-of-sale transactions of $10.00 or more per statement cycle.
• Very high annual percentage yield (APY). This account offers an annual percentage yield of up to 1.10%, which is much higher than the average for a checking account.
• Supports joint accounts. This allows two people to have equal authority over the management of an account.
• $0 monthly fee. This account does not charge any monthly account fees.
• $100 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
• Bill pay. Pay your bills to practically anyone in the United States through Quontic Bank.
• Soft credit pull. This bank will not perform a hard credit pull when you open a checking account.

Quontic Bank High Interest Checking Pros & Cons

Quontic Bank High Interest Checking FAQ

Are checking accounts from Quontic Bank federally insured?

Yes, your deposits are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #57807). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does Quontic Bank High Interest Checking offer?

What are the account minimums for Quontic Bank High Interest Checking?

Quontic Bank High Interest Checking requires a minimum initial deposit of $100 to open an account.

What fees does Quontic Bank High Interest Checking charge?

The good news is that this account does not have a monthly Service Charge.

Does Quontic Bank High Interest Checking charge overdraft fees?

What features and perks does Quontic Bank High Interest Checking offer?

This account includes the following features:

• APY is based on the account balance and making at least 10 qualifying debit card point-of-sale transactions of $10.00 or more per statement cycle.
• Check images with statement - Reconciling your accounts and complying with document retention standards is easier when you have access to a copy of your checks.
• Fraud monitoring - Quontic Bank High Interest Checking monitors transactions for potentially unauthorized activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
• Online Bill Pay - Online Bill Pay allows you to pay bills easily from your account.
• Mobile Banking Services - Quontic Bank High Interest Checking allows you to manage your money online or with a mobile app. This includes depositing checks in your account with a mobile app on your smartphone.
• Nationwide ATM network - Conveniently transact at a nearby ATM.
• Soft credit pull - Quontic Bank High Interest Checking performs a soft credit pull so you can check whether you qualify without hurting your credit.

What is the customer support email for Quontic Bank High Interest Checking?

The customer support email for Quontic Bank High Interest Checking is info@quonticbank.com.

How do people rate the customer service and user experience of Quontic Bank High Interest Checking?

Overall, Quontic Bank High Interest Checking is strongly recommended based on community reviews that rate customer service and user experience.