Are you tired of earning next to nothing in interest on your savings account? Quontic Bank is here to change that with their Money Market Account.
With this account, you can rest easy knowing your money is growing at a much faster pace than it would be with a traditional savings account. And the best part? It’s all available to you online, nationwide.
- Update 10/16/2024: One year later, the rate has not changed and still at a very competitive 5.00% APY.
- Update 10/17/2023: Their rate is still very high at 5.00% APY.
- Update 7/31/2023: Money Market account rate gets increased to 5.00% APY.
- Update 5/11/2023: The APY on their Money Market account increased from 3.75% to 4.75%.
- Update 3/27/2023: The APY on their Money Market account increased from 3.50% to 3.75%.
- Update 12/27/2022: The APY on their Money Market account has increased from 3.00% to 3.50%.
- Update 11/28/2022: The APY on their Money Market account has increased.
See the bottom of this page for more offers from Quontic.
READ MORE: COMPARE WITH THE BEST MONEY MARKET ACCOUNTS HERE
Quontic Bank Money Market Account (Available Nationwide)
- Earn 5.00% APY with a Quontic Money Market Account
- No Monthly Maintenance or Overdraft Fees
- $100 minimum deposit required to open an account
Why It Could Be The Right Choice For You
When it comes to choosing a savings account, it’s important to consider all your options. But what sets a money market account apart from other savings options is the higher interest rate and access to your funds.
With a Quontic Bank Money Market Account, you’ll earn a competitive rate, which is significantly higher than the national average for savings accounts. And unlike other accounts that restrict your access to your funds, a money market account provides you with a debit card and check writing privileges.
READ MORE: BEST FREE CHECKING ACCOUNT OFFERS
Pros and Cons
PROS:
- Earn a higher interest rate
- No monthly maintenance or overdraft fees
- Access to your funds with a debit card and check writing privileges
- FDIC insured to the maximum legal limit
- Mobile check deposit available
- Access to 90,000+ ATMs across the nation
CONS:
- $100 minimum deposit required to open an account
READ MORE: CIT BANK CURRENTLY HAS A GREAT SAVINGS RATE
Bottom Line
If you’re looking for a savings account that will help you grow your money faster, a money market account may be the right choice for you.
And with Quontic Bank’s Money Market Account, you’ll earn a competitive interest rate while having access to your funds and the convenience of online banking. Whether you’re looking to build your emergency fund or save for a big purchase, Quontic Bank has you covered.
You can open an account online with a minimum $100 opening deposit. There are no monthly or overdraft fees and your money is FDIC insured to the maximum legal limits.
READ MORE: BEST CHASE BANK BONUSES CURRENTLY AVAILABLE
Frequently Asked Questions (FAQ)
Q: What is a money market account?
A: A money market account is a type of savings account that typically earns a higher interest rate than a traditional savings account. It also provides you with access to your funds via a debit card and check writing privileges.
Q: Is there a monthly maintenance fee for Quontic Bank’s Money Market Account?
A: No, there are no monthly maintenance fees for Quontic Bank’s Money Market Account.
Q: What is the minimum deposit required to open a Quontic Bank Money Market Account?
A: The minimum deposit required to open a Quontic Bank Money Market Account is $100.
See more from Quontic:
- Quontic Bank’s Best CD Account Offers: Up To 4.45% (Available Nationwide)
- Quontic Bank High Yield Savings Account Earns 4.50% APY (Nationwide)
- Best Quontic Bank Promotions, 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.
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