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Quontic vs M&T Bank

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

 Quontic
Member FDIC
 Visit SiteLearn More
 

Quontic

M&T Bank

SPECIAL OFFER
High Yield Savings - 4.50% APY - Learn More

Read Quontic Review

SPECIAL OFFER
Referral Program - Up to $500 Bonus - Learn More

Read M&T Bank Review

 

Benefits and Features

Savings
High Yield Savings: 4.50% APY
0.01% APY. Monthly service fee of $7.50 unless you 1) maintain a minimum daily balance of $500 or more or, 2) have a personal checking account with M&T Bank or, 3) make at least one deposit in your Relationship Savings account
CD4.30% to 5.05% APY; $500 minimum3.75% - 4.75% APY. Terms of 6 - 24 months. Minimum opening deposit $1,000.
CheckingHigh Interest Checking: Up to 1.10% APY
Cash Rewards Checking: 1.00% cashback
 
Money Market
5.00% APY
 
ATMs More than 1,800 M&T Bank ATMs in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia.
Customer Service Mon - Fri 8:00 am - 9:00 pm (ET); Sat - Sun 9:00 am - 5:00 pm (ET).
Locations
Online only
700 bank branches located throughout New York, New Jersey, Pennsylvania, Maryland, Washington, D.C., Virginia, West Virginia and Florida
 

CreditDonkey® Reviews

 Quontic
SavingsStarStarStarStarEmpty StarStarStarStarEmpty StarEmpty Star
CheckingStarStarStarStarHalf StarStarStarStarStarEmpty Star
Mobile AppStarStarStarStarEmpty StarStarStarStarHalf StarEmpty Star
Customer ServiceStarStarStarStarHalf StarStarStarStarStarEmpty Star
CDStarStarStarEmpty StarEmpty Star
Money MarketStarStarStarEmpty StarEmpty Star
Pros & ConsPros:
  • No monthly service fee
  • High interest rate
Cons:
  • Basic mobile app
  • $5/mo inactivity fee
Pros:
  • Free checking option
  • High APY for Promo CD
  • Free savings with checking
Cons:
  • Fee heavy
  • Subpar savings APY
  • Limited branches
Bottom LineInnovative digital bank offering checking accounts with high rewards... Read full reviewUpper East Coast bank with free checking option and good promo CD rates... 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 03/27/2024

M&T Bank: Pricing information from published website as of 04/03/2024 based on 14203 zip code

Which is Better: Quontic or M&T 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 is notable.


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.

Is Quontic Bank Safe and Legit

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

Articles on M&T Bank

M&T Bank Review

If you are on the upper East Coast, you probably see M&T Bank frequently. With a free checking option and a range of deposit accounts, does it meet your needs?

Which Do You Think is Best?





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