Certificate of Deposit Features Guide
| Interest Rate | |
| APY | 4.50% |
| Term Length | 12 Month |
| Minimum deposit amount | $500.00 |
| Maximum deposit amount | N/A |
| Balance Requirements | |
| Minimum Opening Deposit | $500.00 |
| Minimum Balance to Avoid Fees | - |
| Minimum Required Balance | - |
| Fees | |
| Early withdrawal penalty | One Year of Interest |
| Monthly Maintenance Fee | N/A |
| Foreign ATM Fees | N/A |
| Insufficient Funds Fee | $35.00 |
| Incoming Wires | $10.00 |
| Account Opening | |
| Open Online | Yes |
| Insured by | F.D.I.C. |
| Statements | |
| Paper Statements | Yes |
| Online Statements | Yes |
| Online and Telephone Banking | |
| Online Banking | Yes |
| Telephone Banking | Yes |
| Mobile Banking | Yes |
| Deposit Checks with Mobile Device | Yes |
| Free Bill Pay | Yes |
| Online Bill Payments Required | Yes |
Account Description
• The minimum deposit is $500.
• There is a 10-day grace period during which the principal can be withdrawn without penalty or renew your CD with the same term.
• Early withdrawal penalty equals one year of interest.
Rate History
| Date | APY |
|---|---|
| April 8, 2024 | 4.50% |
| August 20, 2023 | 5.30% |
Customer Reviews for Quontic Bank (1)
Rated 1.00 stars out of 5 - based on 1 reviews
Eldridge jaw 01
November 27, 2021 |
I tried to open account and was rejected. Called and was treated worse than I could have imagined any bank ever treating anyone. These guys can go to hell.