Discover Bank vs Quontic

Discover Bank is a solid online bank with high APY rates and good customer service. How does it compare to Quontic? Read our comparison chart below.

	Discover Bank	Quontic


	SPECIAL OFFER Discover Online Savings - $200 Cash Bonus - Learn More Read Discover Bank Review	SPECIAL OFFER High Yield Savings - 4.25% APY - Learn More Read Quontic Review
	Benefits and Features
Savings	3.90% APY	High Yield Savings: 4.25% APY
CD	2.00% to 4.75% APY depending on terms. $2,500 minimum	4.75% to 5.05% APY; $500 minimum
Checking	Cashback Debit Account: 1% cash back on up to $3,000 in debit card purchases each month. See website for details	High Interest Checking: Up to 1.10% APY Cash Rewards Checking: 1.00% cashback Bitcoin Rewards Checking: 1.5% Bitcoin
Money Market	3.80% APY under $100,000; 3.85% APY $100,000 or more. $2,500 minimum deposit.	4.75% APY
Customer Service	24/7
ATMs	Over 60,000 no-fee ATMs
IRA CD	12-month CD APY of 4.75%. 24-month CD APY of 4.30%. 5-year CD APY of 4.00%.
Locations	Online Only
	CreditDonkey® Reviews

Savings
Checking
Money Market
Customer Service
Mobile App
Pros & Cons	Pros: High yield No fees 24/7 customer service Cons: No interest checking $2,500 minimum deposit for CDs	Pros: No monthly service fee High interest rate Bitcoin rewards account Cons: Basic mobile app $5/mo inactivity fee
Bottom Line	Solid online bank with high APY rates and good customer service... Read full review	Innovative digital bank offering checking accounts with high rewards... Read full review

	Discover Online Savings - $200 Cash Bonus Discover Online Savings - $150 Cash Bonus Online Savings Account - Earn 3.90% APY	High Yield Savings - 4.25% APY High Interest Checking - Up to 1.10% APY CD Rates - Up to 4.75% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Discover Bank: Pricing information and data points from published website as of 05/29/2023. Quontic: Pricing information from published website as of 4/6/2023.

Member FDIC

Discover Online Savings - $200 Cash Bonus

To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code CY223 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.

What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 6/15/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.

Get Deal

Expires 6/15/2023

Member FDIC

Discover Online Savings - $150 Cash Bonus

To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code CY223 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.

Get Deal

Expires 6/15/2023

Member FDIC

Online Savings Account - Earn 3.90% APY

Get Deal

No fees
No minimum opening deposit
No minimum balance required

Member FDIC

High Yield Savings - 4.25% APY

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4.25% APY
$100 minimum opening deposit
No monthly service fees

Member FDIC

High Interest Checking - Up to 1.10% APY

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Earn up to 1.10% APY
$100 minimum opening deposit
APY is based on the account balance and making at least 10 qualifying debit card point-of-sale transactions of $10.00 or more per statement cycle.

Member FDIC

CD Rates - Up to 4.75% APY

Learn More

$500 minimum opening deposit
FDIC insured

Term	CD Rates
6 Months	5.05% APY
1 Year	5.15% APY
2 Years	4.50% APY
3 Years	4.40% APY
5 Years	4.30% APY

Which is Better: Discover Bank or Quontic?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Discover Bank or Chase.

In short: Discover Bank's mobile app is outstanding.

Articles on Discover Bank

Discover Savings Review

Discover offers high interest rates on its online savings and CD accounts. But there are downsides. Here's what you need to know before you open an account.

Discover Savings Review

Discover Bank online savings account offers a high interest rates and no monthly fees. But is it the right place for your money? Read on to find out, plus the best way to open an account.

Discover CD Rates Reviews

Discover Bank's CD account offers high rates and no hidden fees. But is the term worth it? Read this review before you open a CD.

Discover Bank vs Marcus

Is Discover a Real Bank

Discover Bank promises great rates and no fees. But is it actually a good and safe bank? Find out if it is a real and legit bank.

Is Discover Savings Worth It

Looking for a better place to keep your money safe? Find out if a Discover Online Savings Account is worth it for you.

Discover Savings Bonus

You could earn $150 or $200 when you open a Discover Online Savings Account. Find out how to qualify for this Discover Bank promotion.

Articles on Quontic

Quontic Bank Review

Quontic Bank aims to provide a better experience (and rewards) for those underserved by traditional banks. Review the rates, fees, and customer reviews.