Quontic CD Rates for 2025
Review
Updated
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Quontic CD rates are among the highest rates available today. If you're comfortable banking online and you want to grow your savings quickly, Quontic CDs are definitely worth considering. Below, we'll take a closer look at how Quontic CD rates stack up to their competition.
APY = Annual Percentage Yield
Quontic Bank offers CDs with terms ranging from six months to five years. It offers most of the terms one would expect, though it is missing a 4-year CD, so it may not be ideal for those hoping to build a CD ladder. Its rates are competitive, especially on its longer term CDs, and its minimum deposit is more affordable than what you see with some other top banks.
On Quontic's Secure Website.
| 6 Mo. APY | 1 Yr. APY | 2 Yr. APY | 3 Yr. APY | 5 Yr. APY |
|---|---|---|---|---|
| 3.75% | 3.25% | 3.35% | 3.25% | 3.00% |
A high-interest savings account offers rates competitive with the best CDs accounts, but without having to lock your money away for months or even years at a time. Here are some top-rated high-yield savings account options from our experts.
| Account | APY | Promotion | Next Steps |
|---|---|---|---|
Open Account for American Express® High Yield Savings
On American Express's Secure Website.
Rating image, 4.00 out of 5 stars.
4.00/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
3.70%
Rate info
3.70% annual percentage yield as of April 17, 2025. Terms apply.
Min. to earn: $0
|
N/A
|
Open Account for American Express® High Yield Savings
On American Express's Secure Website. |
Open Account for CIT Platinum Savings
On CIT's Secure Website.
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
4.10% APY for balances of $5,000 or more
Rate info
4.10% APY for balances of $5,000 or more; otherwise, 0.25% APY
Min. to earn: $100 to open account, $5,000+ for max APY
|
Earn a bonus of at least $225 after a one-time deposit of $25,000+.
Transfer a one-time deposit of $25,000-$49,999.99 for a bonus of $225. Transfer a one-time deposit of $50,000+ for a bonus of $300. Account must be opened with code PS2025 while this promotion lasts, and funded within 30 days. Bonus will be fulfilled within 60 days from the funding date. There is no period of time where the customer will be required to maintain the funds. Account must be open when bonus is credited. One bonus per account and primary customer. Bonus will be credited into the Platinum Savings Account that fulfills the funding requirement. Funding can be deposited all at once or incrementally.
|
Open Account for CIT Platinum Savings
On CIT's Secure Website. |
Open Account for Capital One 360 Performance Savings
On Capital One's Secure Website.
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair = Poor |
3.60%
Rate info
See Capital One website for most up-to-date rates. Advertised Annual Percentage Yield (APY) is variable and accurate as of April 8, 2025. Rates are subject to change at any time before or after account opening.
Min. to earn: $0
|
N/A
|
Open Account for Capital One 360 Performance Savings
On Capital One's Secure Website. |
Quontic CD rates are considerably higher than most of its competitors. Here's how they compare to some of our other top CD providers.
| Bank & CD Offer | APY | Term | Min. Deposit | Next Steps |
|---|---|---|---|---|
Discover® Bank CD
Member FDIC.
Open Account for Discover® Bank CD
On Discover Bank's Secure Website. |
APY:
4.00%
|
Term:
1 Year
|
Min. Deposit:
$0
|
Open Account for Discover® Bank CD
On Discover Bank's Secure Website. |
|
APY:
4.00%
|
Term:
10 Months
|
Min. Deposit:
$500
|
Open Account for LendingClub CD
On LendingClub's Secure Website. |
|
|
APY:
4.30%
|
Term:
6 Months
|
Min. Deposit:
$1
|
Open Account for
On Secure Website. |
Before we dive in, here's some basic information about Quontic CDs that you should know.
| Minimum Deposit | $500 |
|---|---|
| Range of Term Lengths | 6 months to 5 years |
| Compounding Schedule | Daily (Credited to account monthly) |
| Early Withdrawal Penalty | 1-2 years' worth of interest |
| Grace Period | 10 days |
Quontic CD rates are some of the best around. Here's what you need to know to decide if they're the right choice for you.
The amount you can earn with a Quontic CD depends on the bank's APYs at the time you open it, as well as your initial deposit and the term you select. With that in mind, here's a table illustrating what potential earnings could look like if you deposited $1,000.00 into a Quontic CD.
The numbers in the table below may not be accurate to current APYs and are for example purposes only.
| Term | APY | Earnings |
|---|---|---|
| 1 Year | 4.50% | $45.00 |
| 2 Years | 4.50% | $92.03 |
| 5 Years | 4.30% | $234.30 |
Yes, Quontic Bank is an FDIC member bank, and therefore money in its accounts is protected against bank failure. FDIC insurance provides protection for as much as $250,000 in deposits per person, per institution.
Quontic makes the application process to open a new CD as easy as possible. The process can be completed in about three minutes, according to the bank, and it can be done entirely online. The general steps are:
This will require some basic information about you, such as name, address, and Social Security number.
You can transfer money from an internal or external bank account, and keep in mind that the minimum to open an account is $500.
Transfer your funds into your new Quontic CD, and you're all set. You'll start earning interest right away.
A Quontic CD is a good fit for those who have at least $500, are comfortable managing their money entirely online, and want to earn a high APY on their savings. Quontic CDs have relatively strict early withdrawal penalties, so they're best for people who are quite sure they won't need their money for the entire term.
Quontic Bank only offers standard CDs in terms ranging from six months to five years. It doesn't offer additional CD products such as bump-up or step-up CDs.
APY = Annual Percentage Yield
At Motley Fool Money, certificates of deposit (CDs) are rated on a scale of one to five stars, primarily focusing on annual percentage yield (APY) and early withdrawal penalty fees. Our highest-rated CDs generally include competitive APYs without complex qualification tiers, low withdrawal fees, reliable brand trust and reputation, and ease of use.
Learn more about how Motley Fool Money rates bank accounts.
Quontic CDs require a minimum deposit of $500 to open. This is a per-account requirement, so if you want to open two Quontic CDs of different maturity terms, you'll need $1,000.
There are no ongoing fees associated with a Quontic CD, such as a monthly maintenance fee. However, you will likely have to pay an early withdrawal fee if you take your money out of the account before it reaches maturity.
You can close a Quontic CD early, but it can be expensive. Quontic's early withdrawal penalties are especially harsh. CDs with terms of 12 months or less forfeit all of the interest for the entire term, even if it results in an overall reduction of your principal balance. For CDs from 12-24 months, the penalty is one year of interest, and for CDs of 24 months or more, the early withdrawal penalty is two years' interest.
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. Motley Fool Money does not cover all offers on the market. Motley Fool Money is 100% owned and operated by The Motley Fool. Our knowledgeable team of personal finance editors and analysts are employed by The Motley Fool and held to the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands. Terms may apply to offers listed on this page. APYs are subject to change at any time without notice.
