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Quontic vs Ally Bank

Quontic is an innovative digital bank offering checking accounts with high rewards. How does it compare to Ally Bank? Read our comparison chart below.

 Quontic
 Visit SiteLearn More
 

Quontic

Ally Bank

SPECIAL OFFER
High Yield Savings - 3.70% APY - Learn More

Read Quontic Review

SPECIAL OFFER
Online Savings Account - 3.60% APY - Learn More

Read Ally Bank Review

 

Benefits and Features

Savings
High Yield Savings: 3.70% APY
3.60% APY
CD3.75% to 4.45% APY; $500 minimum2.00% to 5.00% APY. Terms of 3 months to 5 years. 12-month CD APY of 4.50%
CheckingHigh Interest Checking: Up to 1.10% APY
Cash Rewards Checking: 1.5% cashback
Bitcoin Rewards Checking: 1.5% Bitcoin
0.10% APY for daily balances less than $15,000. 0.25% APY for daily balances over $15,000
Money Market
3.50% APY
3.80% APY
Customer Service 
24/7
ATMs Over 43,000 no-fee Allpoint ATMs
Locations 
Online Only
 

CreditDonkey® Reviews

 Quontic
SavingsStarStarStarStarEmpty StarStarStarStarStarEmpty Star
CheckingStarStarStarStarHalf StarStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarHalf StarStarStarStarStarStar
Mobile AppStarStarStarStarEmpty StarStarStarStarStarStar
Money MarketStarStarStarStarEmpty Star
Pros & ConsPros:
  • No monthly service fee
  • High interest rate
  • Bitcoin rewards account
Cons:
  • Basic mobile app
  • $5/mo inactivity fee
Pros:
  • CD options
  • No account minimums
  • Good customer service
Cons:
  • Low Checking APY for lower balance customers
Bottom LineInnovative digital bank offering checking accounts with high rewards... Read full reviewSolid online bank with a great user-friendly website and customer service... Read full review
 Visit SiteLearn More

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Quontic: Pricing information from published website as of 11/23/2022

Ally Bank: Pricing information from published website as of 03/18/2023.

Quontic
Member FDIC

High Yield Savings - 3.70% APY

  • 3.70% APY
  • $100 minimum opening deposit
  • No monthly service fees
Quontic
Member FDIC

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.
Quontic
Member FDIC

CD Rates - Up to 4.45% APY

  • $500 minimum opening deposit
  • FDIC insured
TermCD Rates
6 Months3.75% APY
1 Year4.45% APY
2 Years4.40% APY
3 Years4.30% APY
5 Years4.30% APY

Which is Better: Quontic or Ally Bank?

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

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


Articles on Quontic

Quontic Bank

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

Is Quontic Bank Legit

Is Quontic Bank safe and secure? Find out how Quontic protects your account and learn about common customer complaints.

Articles on Ally Bank

Ally Bank

Ally Bank offers good interest rates and no account minimums. But is this popular online bank good for you? Learn the benefits (and drawbacks) here.

Ally Bank Routing Number

Looking to transfer money in or out of your Ally account? You'll need the right routing number. Find your Ally routing number and learn more about money transfers in our guide.

Which Do You Think is Best?





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About CreditDonkey
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Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

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