High Yield Deposit Accounts

About Quontic Bank

Quontic is the adaptive digital bank helping people grow their money with purpose. We’re changing the narrative of traditional banking – Quontic is innovative, digital-first, and customer-centric without sacrificing the personal touch.

Our Take

It has never been easy to find a high-interest checking out with reasonable fees. However, the Quontic Bank high interest checking account fits the mold. With this account, you're able to earn interest on the money you use for everyday purchases.

With no maintenance fees or minimums, there's nothing to worry about on this front. The only requirement is that you make a $100 minimum deposit to open your account. Once you do that, you have access to a feature-packed checking account that pays out industry-leading interest.

Terms and Conditions

10 debit card point of sale transactions of $10 or more per statement cycle required to earn the maximum APY per account balance tier. If the qualifying activity requirement is NOT fulfilled, the interest rate paid on the entire balance will be 0.01% APY. Please visit our website for list of non-qualifying activities. APY means Annual Percentage Yield.

Availability

Available nationwide

Contact Quontic Bank

Customer Service: 1-800-908-6600

About Axos Bank

Since Axos Bank first opened for business on July 4, 2000, Axos Bank has been leading the way in digital banking. Today they’re a technology-driven financial services company that provides innovative banking products and services to customers nationwide.

Our Take

There's no shortage of high yield online savings accounts to choose from, but not all of them are worth the time. You only want to consider the best of the best, and that's where the Axos high yield savings account comes into play.

In addition to a 0.61% APY, interest is compounded daily and there are no monthly maintenance fees. Furthermore, with no monthly minimum balance requirement, you're free to do as you wish with your funds — without risking a fee. 

The only thing you need to open an Axos high yield savings account is a $250 minimum deposit. With that, you'll have access to an account from a leading technology-driven financial services company. 

Terms and Conditions

$250 minimum balance to open an account. Balances of $25,000 or more earn a lower tier rate than the first $25,000.

Availability

Available nationwide

About Axos Bank

Since Axos Bank first opened for business on July 4, 2000, Axos Bank has been leading the way in digital banking. Today they’re a technology-driven financial services company that provides innovative banking products and services to customers nationwide.

Our Take

Don't believe the myth that every checking account is “more or less the same.” The Axos rewards checking account proves this wrong once and for all. With an APY of up to 3.30% and no monthly maintenance fees, it's easy to see why this account stands out in a crowded industry. 

Other features of the Axos rewards checking account include no NSF fees, zero overdraft fees, no minimum monthly balance requirement, and unlimited domestic ATM fee reimbursements. 

If you're ready to take advantage of all these benefits — among others — all you need is $50 to open an account. From there, you'll have all the checking account features you've come to enjoy, along with many others that will change the way you bank forever. 

Terms and Conditions

See Bank Website for terms and conditions

Availability

Available nationwide

About CIT Bank

CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender).

Our Take

CIT is a leading provider of certificates of deposit (CDs) due in large part to its reputation, ease of purchase, and industry-competitive interest rates. 

Backed by CIT Group Inc. (NYSE: CIT), there are no concerns about the legitimacy of this product. Furthermore, when you buy a high APY yield 11 month term CD from CIT you gain access to the following benefits:

• Daily compounding interest to maximize your earning potential
• 4.80% yield
• FDIC insured

There’s only a $1,000 minimum to purchase a CIT 11 month term CD, making it a good fit for most buyers. Add this to the ability to complete the process online and it’s easy to take action when you’re ready. 

Terms and Conditions

* APY — With a No-Penalty CD, you may withdraw the total balance and interest earned, without penalty, beginning 7 days after funds have been received for your CD. No withdrawals are permitted during the first 6 days following the receipt of funds.

Availability

Available nationwide

Contact CIT Bank

Customer Service: 1 (855) 462-2652
Fraud, Disputes & Related Issues: 1 (855) 462-2652

About CIT Bank

CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender).

Our Take

CIT Bank provides options for anyone looking to increase savings. It can be a struggle to come up with a minimum deposit for maximum benefit, so CIT offers a low $100 monthly deposit to take advantage of the highest rate.  

This savings account is built on the idea that anyone can accelerate their savings with the right product and approach. Currently, you can earn up to 0.85% APY with one of these two savings products:

• High balance savers: maintain a minimum balance of $25k to earn the highest interest rate.
• Monthly savers: make a minimum deposit of $100 each month to earn the highest interest rate.

As you can see, CIT Bank makes it simple to open an account and earn a competitive interest rate. 

Terms and Conditions

APY — Annual Percentage Yield is accurate as of June 16, 2022 Interest Rates for the Savings Builder Account are variable and may change at any time without prior notice.

Availability

Available nationwide

About CIT Bank

CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender).

Our Take

If you find yourself searching for the best money market account — perhaps to earn more interest than a traditional savings account — CIT has you covered.

The CIT Bank Money Market Account is an industry leader for a variety of reasons:

• 1.55% APY yield
• Access to both Bill Pay and Zelle for paying people and paying bills
• No monthly service fees 
• FDIC Insured

When a money market account is what you need, this product from CIT Bank deserves a second look. There aren’t many competitors that offer the same high level of features, including an above-average APY yield. 

Terms and Conditions

* APY — Annual Percentage Yield is accurate as of August 25, 2022. Interest Rates for the Money Market account are variable and may change at any time without prior notice. Fees may reduce earnings.

** Based on comparison to the national average Annual Percentage Yield (APY) on money market accounts as published in the FDIC National Rates and Rate Caps, accurate as of July 18, 2022.

Deposit at least $15,000 to the account within the first 15 calendar days following account opening (the “Funding Period”). The $15,000 used to fund the account must come from a funding source outside of CIT Bank. Transfers from existing CIT Bank accounts will not qualify.

Maintain an end-of-day account balance of at least $15,000 each of the 60 days following the end of the Funding Period.  If the end-of-day balance falls below $15,000 at any time during this 60-day period, you will not qualify for the Amazon Prime membership offer.

There is a limit of one Money Market promotional offer per account and per customer. If multiple Money Market accounts are opened, only one account will be eligible. Custodial accounts are not eligible. This offer is non-transferable.

Customers meeting all of the above requirements will be sent an email with instructions on how to activate their one-year Amazon Prime membership. This instructional email will be sent to the email address on file for the primary account owner approximately 30 days after the end of 60-day period specified in requirement #3, above. The account must remain open for the instructional email to be sent.

IMPORTANT: All customers who qualify for the one-year Amazon Prime membership must redeem it no later than 03/23/2024. Customers who fail to redeem by this deadline will forfeit the one-year Amazon Prime membership from CIT Bank. 

Note: information and access to the one-year Amazon Prime membership is provided in electronic form, via email. No paper certificates or gift cards are available. 

Availability

Available nationwide

Contact CIT Bank

Customer Service: 1 (855) 462-2652
Fraud, Disputes & Related Issues: 1 (855) 462-2652

About CIT Bank

CIT is a leading national bank focused on empowering businesses and personal savers with the financial agility to navigate their goals. CIT Group Inc. (NYSE: CIT) is a financial holding company with over a century of experience and operates a principal bank subsidiary, CIT Bank, N.A. (Member FDIC, Equal Housing Lender).

Our Take

Savings that's even more rewarding. Earn 4.5% APY*. With Savings Connect, you'll save even more with both a savings account and a linked interest-bearing eChecking account. Open the accounts quick and easily.

• Earn 20x the national average with a Savings Connect account.*
• Get a competitive rate on your Savings Connect account, plus you earn interest on the linked eChecking account.
• Digital convenience with online banking and the mobile app.
• CIT Bank doesn't charge ATM fees and reimburses up to $30 in other U.S. bank's ATM fees on eChecking accounts.
• Deposit checks remotely and make transfers easily with the CIT Bank mobile app.

Terms and Conditions

* APY — Interest Rates for the Savings Connect Account are variable and may change at any time without notice. The minimum to open a Savings Connect account is $100. Fees could reduce earnings on the account.

Availability

Available nationwide

Contact CIT Bank

Customer Service: 1 (855) 462-2652
Fraud, Disputes & Related Issues: 1 (855) 462-2652

About Stride Bank

Founded in 1913, Stride Bank is an Oklahoma-based financial institution that holds over $1.17 billion in assets. Offering a full range of financial services such as consumer and commercial banking, mortgage, wealth management, and treasury management, Stride Bank has also developed and currently manage highly specialized payment solutions for several national fintech companies.

Our Take

If simplicity is what you want, a Chime savings account is what you need. Highlighted by its automatic savings feature and a 2.00% APY yield, you have everything you need to take your savings to the next level.

Powered by Stride Bank, here are some of the features associated with a Chime savings account:

• Create an account in two minutes or less
• Simplified online account management
• No minimum or maximum balance requirements
• No fees

Let's put it this way: you can't understand the simplicity of a Chime savings account until you take a closer look. 

Terms and Conditions

Banking services provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC. The Chime Visa® Debit Card is issued by The Bancorp Bank or Stride Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. Please see back of your Card for its issuing bank. The Chime Visa® Credit Builder Card is issued by Stride Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted.

While Chime doesn’t issue personal checkbooks to write checks, Chime Checkbook gives you the freedom to send checks to anyone, anytime, from anywhere. See your issuing bank’s Deposit Account Agreement for full Chime Checkbook details.

¹ APY—Annual Percentage Yield. Effective December 9, 2020 the interest rate will be 0.50%. These interest rates are variable and may change at our discretion at any time. No minimum balance required. Must have $0.01 in savings to earn interest.

² The average national savings account interest rate of 0.05% is determined by FDIC as of November 30th, 2020 based on a simple average of rates paid (uses annual percentage yield) by all insured depository institutions and branches for which data are available. visit https://www.fdic.gov/regulations/resources/rates/historical/2020-11-30.html to learn more.

³ There’s no fee for the Chime Savings Account but a $2.50 cash withdrawal fee is applied to the Chime Spending Account for out of network ATM withdrawals and over the counter "OTC" withdrawals. You must have a Chime Spending Account to open a Chime Savings Account.

Availability

Available nationwide

About Quontic Bank

Quontic is the adaptive digital bank helping people grow their money with purpose. We’re changing the narrative of traditional banking – Quontic is innovative, digital-first, and customer-centric without sacrificing the personal touch.

Our Take

The Quontic Bank High Yield Savings is more than a standard savings account. It's packed full of features and benefits that make it an excellent choice among consumers from all walks of life. 

With an industry-competitive 4.05% APY yield, a Quontic Bank High Yield Savings can help you reach all your savings goals sooner than expected. Other features include:

• Open an account in three minutes or less
• Start earning interest on day one, regardless of how much money you deposit
• Interest is compounded daily with earnings credited once per month

There aren't many bells and whistles associated with a Quontic Bank High Yield Savings. Instead, what you get is a high yield account that's simple to manage. And for many people, that's more than enough! 

Terms and Conditions

Limit of 6 withdrawals per statement cycle APY means Annual Percentage Yield

Availability

Available nationwide

Contact Quontic Bank

Customer Service: 1-800-908-6600

About Quontic Bank

Quontic is the adaptive digital bank helping people grow their money with purpose. We’re changing the narrative of traditional banking – Quontic is innovative, digital-first, and customer-centric without sacrificing the personal touch.

Our Take

Let's face it: saving money is easier said than done. And that's especially true if you don't have a defined strategy for doing so. Fortunately, when you open a Quontic Bank Money Market Account, you're taking a big step in the right direction.

With this account, saving money is simple. It only takes a handful of minutes and $100 (minimum deposit) to open an account and familiarize yourself with its dashboard. From there, you'll earn 0.85% APY on your savings. So, the more money you deposit the more money you'll earn.

Just the same as a Quontic Bank High Yield Savings account, this one is simple to open and use. Combine this with a 3.75% APY and you have a winner.

Terms and Conditions

See Bank Website for terms and conditions

Availability

Available nationwide

Contact Quontic Bank

Customer Service: 1-800-908-6600

About Quontic Bank

Quontic is the adaptive digital bank helping people grow their money with purpose. We’re changing the narrative of traditional banking – Quontic is innovative, digital-first, and customer-centric without sacrificing the personal touch.

Our Take

As an adaptive digital bank with a forward-thinking approach, you should expect the best of the best from Quontic. And that's exactly what you get with a Quontic Bank certificate of deposit (CD). 

With a five-year maturity date, you will earn up to 4.75% APY on your deposit. And speaking of deposits, there's a $500 minimum — which is less than most similar products. 

If you're ready to purchase a five-year Quontic Bank CD, you'll be glad to know that you can do so within a matter of minutes. Best yet, you never have to leave home. Once your account is active, you can manage it — and track your savings — from anywhere you have an internet connection. 

Terms and Conditions

Withdrawals before the maturity date are subject to penalties.

Availability

Available nationwide

Contact Quontic Bank

Customer Service: 1-800-908-6600