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.
 |  | |
| Visit Site | Visit Site | |
Discover Bank | Quontic | |
|---|---|---|
Discover Online Savings - $200 Cash Bonus - | High Yield Savings - 4.50% APY - | |
Benefits and Features | ||
| Savings | ||
| CD | 2.00% to 5.30% APY depending on terms. $2,500 minimum | 4.30% to 5.30% 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 | 4.20% APY under $100,000; 4.25% APY $100,000 or more. $2,500 minimum deposit. | |
| Customer Service | ||
| ATMs | ||
| IRA CD | 12-month CD APY of 5.20%. 18-month CD APY of 5.00%. 24-month CD APY of 4.40%. 5-year CD APY of 4.00%. | |
| Locations | ||
CreditDonkey® Reviews | ||
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| Savings |   |  |
| Checking | | |
| Money Market | | |
| Customer Service | | |
| Mobile App | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Solid online bank with high APY rates and good customer service... | Innovative digital bank offering checking accounts with high rewards... |
| Visit Site | Visit Site | |
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 11/24/2023. Quontic: Pricing information from published website as of 11/14/2023. | ||
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 CY923 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 12/14/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.
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 CY923 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 12/14/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.
Online Savings Account - Earn 4.35% APY
- No fees
- No minimum opening deposit
- No minimum balance required
High Yield Savings - 4.50% APY
- 4.50% APY
- $100 minimum opening deposit
- No monthly service fees
High Interest Checking - Up to 1.10% APY
- 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.
CD Rates - Up to 5.30% APY
- $500 minimum opening deposit
- FDIC insured
| Term | CD Rates |
|---|---|
| 6 Months | 5.05% APY |
| 1 Year | 5.30% 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 Savings Review
Discover CD Rates Reviews
Discover Checking Account Minimum Balance
Discover Checking Account Requirements
Discover Money Market vs Savings
Is Discover a Real Bank
Is Discover Savings Worth It
Discover Savings Account Bonus
Articles on Quontic
Quontic Bank Review
Is Quontic Bank Legit
Which Do You Think is Best?
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