Quontic vs BMO Bank
Quontic is an innovative digital bank offering checking accounts with high rewards. How does it compare to BMO Bank? Read our comparison chart below.
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| Visit Site | Visit Site | |
Quontic | BMO Bank | |
|---|---|---|
High Yield Savings - 4.50% APY - | BMO Smart Advantage Checking - $400 Cash Bonus - | |
Benefits and Features | ||
| Savings | 0.01% APY. $5 reward every month you save $200 or more, for the first year. | |
| CD | 4.30% to 5.30% APY; $500 minimum | 0.05% - 5.25% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit. |
| Checking | High Interest Checking: Up to 1.10% APY Cash Rewards Checking: 1.00% cashback Bitcoin Rewards Checking: 1.5% Bitcoin | Smart Advantage, Smart Money, Relationship |
| Money Market | 1.00% APY. $25 minimum opening deposit. $10 monthly fee, waived with a $5,000 minimum daily balance. | |
| Customer Service | Mon-Fri: 7am - 10pm (CT); Sat-Sun 8am - 8pm | |
| ATMs | ||
| IRA CD | 0.05% - 0.25% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit | |
| IRA Money Market | IRA Premium Savers: $100 minimum opening deposit. No monthly maintenance fee | |
| Locations | ||
CreditDonkey® Reviews | ||
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| Savings |   | |
| Checking |  | |
| Customer Service | | |
| Mobile App | | |
| CD | | |
| Money Market | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Innovative digital bank offering checking accounts with high rewards... | Midwest bank with options for low and high-balance customers... |
| 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. Quontic: Pricing information from published website as of 11/14/2023. BMO Bank: Pricing information from published website as of 11/26/2023 based on 91107 zip code. | ||
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 |
BMO Smart Advantage Checking - $400 Cash Bonus
Open a new BMO Smart Advantage Checking online and get a $400 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 120 days of account opening. Offer is limited to one per customer and is not available for existing BMO personal checking customers (including signers on joint accounts) or those who have closed a BMO personal checking account within the past 12 months. Conditions apply.
BMO Smart Money Checking - $400 Cash Bonus
Open a new BMO Smart Money Checking online and get a $400 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 120 days of account opening. Offer is limited to one per customer and is not available for existing BMO personal checking customers (including signers on joint accounts) or those who have closed a BMO personal checking account within the past 12 months. Conditions apply.
BMO Relationship Checking - $600 Cash Bonus
Open a new BMO Relationship Checking and get a $600 cash bonus when you have a total of at least $7,500 in qualifying direct deposits within the first 120 days of account opening. Offer is limited to one per customer and is not available for existing BMO personal checking customers (including signers on joint accounts) or those who have closed a BMO personal checking account within the past 12 months. Conditions apply.
Which is Better: Quontic or BMO 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: Quontic's savings and customer service are notable.
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Articles on BMO Bank
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