High Rates, Rewards Checking accounts

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Overall rating

Pros and cons

Quontic High Yield SavingsIt is a solid savings account that offers a high interest rate and no monthly fees. If you are looking for a savings account that has more robust features, such as savings buckets or automatic savings tools, you may want to look elsewhere.

If you are looking for a high yield checking account, Quontic High Interest CheckingThis is a great choice. Quontic pays a higher rate than other high-interest checking accounts. Quontic pays interest on your entire balance. You can still qualify for the high rate if you make at least 10 debit cards purchases per month that total at least $10.

Quontic offers other strong rewards checking account options, too. Cash Back Rewards CheckingCash back up to 1.50% Bitcoin Rewards CheckingEarn Bitcoin and exchange it for cash later. Bitcoin Rewards is not available in all states at the moment.

If you’re looking for a CD that lasts 6 months, 1 year, 2 years, 3 years, or 5 years, Quontic could be the right fit.

If you withdraw money from Quontic before the term ends, Quontic can charge high penalties. If you’re concerned that you will need to make an earlier withdrawal, Quontic may charge high penalties. no-penalty CD.

The Quontic Money Market AccountPays a higher interest rate that other money market accounts.

Money market accounts can be compared to savings accounts. The difference is that the former makes it easier to access your funds. Money market accounts send you either a paper check or a debitcard so you can spend your money without having to transfer funds into a checking account. The Quontic Money Market AccountYou will receive both a debit and paper check. It could prove to be very useful. emergency fundSo you can instantly tap into savings

How does Quontic work

QuonticOnline bank. You can use 28,000 MoneyPass ATMs in the US free of charge. Quontic will not charge you for the use of an out-of network ATM, but the ATM provider may.

Quontic does offer a mobile application, but there aren’t many reviews online. The app has received 4.3 out 5 stars in Apple’s store and 3.3 out 5 stars in Google Play.

Quontic customer support can be reached by phone or online, Monday through Friday, 9 a.m.-6: p.m. ET.

Your deposits are FDIC insuredFor joint accounts, up to $250,000 or $500,000

Trustworthiness of Quontic and BBB rating

Quontic is now available through the Better Business Bureau A+ rating. A company with a good BBB rating indicates that it is responsive to customer complaints, is transparent about business practices and advertises honestly.

Quontic has not been involved in any public scandals. With its solid BBB rating, and clear history, you might feel at ease banking with Quontic.

Quontic review vs. Quontic review vs.

We have compared Quontic to other banks offering high-yield savings and rewards checking accounts. DiscoverAnd Axos.

The Discover Online Savings AccountOffers a slightly higher interest rate that the Quontic High Yield Savings AccountRight now 

Quontic has the potential to make you more if your goal is to open a cash-back check account. Discover Cashback Debit Account
Each month, receive 1% cashback on purchases up to $3,000. Quontic Cash Rewards CheckingOffers 1.5% cash back on purchases up to $2,000 per day

If you prefer big-name banks, Discover may be the best option. Discover’s mobile app has thousands of Google Play reviews, millions of Apple reviews, and great scores overall. Discover offers live support 24 hours a day.

Quontic review vs. Axos Bank review

Quontic will be preferred over Axos if your goal is to get a high interest rate for a savings account. The Quontic High Yield Savings AccountPays 3.50% as of 12/19/22 Annual Yield (APY), Axos High Yield Savings AccountOnly 0.61% APY is available

Quontic and AxosBoth offer high-yielding checking account with good rates. Axos is a good choice if you are looking for a high-yielding checking account. As long as you meet certain criteria, you can earn a slightly higher rate. Quontic is more popular for cash-back checking accounts. The Axos CashBack Checking AccountOnly 1% cashback is available. If your average daily balance is below $1,500, it drops to 0.5% APY.