Introducing the Drawbridge Savings Account
As a Result of the COVID-19 Crisis,
Millions of Americans Need Help.
The Drawbridge Savings account is the easiest way for you to assist those in need. Quontic will match the monthly interest credited for each account and donate it to the #BeTheDrawbridge relief fund. Do Social Good with a savings account by opening one today!
Top Online Bank 2020!
Our competitive APYs, low minimum deposits, access to thousands of free ATMs nationwide, and more have earned us a spot as a Top Online Bank of 2020 by Bankrate!
What is #BeTheDrawbridge?
America has never faced a crisis like today, and we must come together as a nation as we have done throughout our history. As a result of the COVID-19 crisis, millions of Americans have lost their source of income and are at risk of not being able to meet their financial obligations and defaulting on their home loans. They need help. What’s missing today is a mechanism by which that help can be delivered. This challenge is further compounded by the fact that we must all stay at home in order to slow the spread of the virus.
We are launching a campaign called #BeTheDrawbridge to help small business owners in the New York City area make it through this challenging time. The government is doing its best to help through their tools, but there is still work to be done and help needed. #BeTheDrawbridge will provide grants to business owners who have been affected. We ask those who have the resources to band together to help those less fortunate. For NY’ers who are facing an economic “moat,” we must become the Drawbridge to help them across.
Do Social Good with a savings account.
Drawbridge Savings
90,000+
Surcharge-free ATMs
0.50%
Annual Percentage Yield
0
Monthly Service Fees
90,000+
Surcharge-free ATMs
0.50%
Annual Percentage Yield
For all balances equal to or less than $250,000
0
Monthly Service Fees
For all balances equal to or less than $250,000
Sorry! Due to system upgrades, we are not accepting additional accounts for this product at this time.
A $100 minimum required. All balances above $250,000 earn 0.01% APY 1.
Open your account in 3 minutes or less!
Sorry! Due to system upgrades, we are not accepting additional accounts for this product at this time.
How Does the Drawbridge Saving Account Work?
Open your account
With our streamlined account opening platform, we ask for a few pieces of information like basic contact info, your social security number, and DOB. You will then be able to fund your account instantly!
We will donate
We match the interest paid to your account and donate this to the #BeTheDrawbridge fund.
Surcharge-free ATMs
90,000+
With your Quontic ATM Card.
At any participate AllPoint® Network ATMs, MoneyPass® Network ATMs, SUM® program ATMs, or Citibank® ATMs located in Target, Speedway, Walgreens, CVS, Kroger, Safeway, Winn Dixie, and Circle K.
Transparency
0
Monthly Service Fees.
Do Social Good with a Savings Account
Open a Drawbridge Savings account and start earning 0.50% APY 1.
Mobile App
24/7 access
Manage your money
Whenever, wherever
Mobile App
24/7 access
Manage your money
Whenever, wherever
Access your account anywhere, anytime with Quontic’s dynamic mobile app. Features like remote check deposit, bill pay, account transfers, and receipt tracking make mobile banking easy and fast.
Frequently Asked Questions
Our secure account opening process takes less than 3 minutes from start to finish! We ask for a few pieces of information like basic contact info, your social security number, and DOB. You will then be able to fund your account instantly!
Interest is compounded daily and credited to the account every month.
APY stands for Annual Percentage Yield. The annual percentage yield is the effective annual rate of return taking into account the effect of compounding interest.
If you own a small business and need assistance, you can fill out our form, and we will reach out to you for the next steps.
Click here to fill out the form now!
Sorry! Due to system upgrades, we are not accepting additional accounts for this product at this time.
Contact Us Today
If you have any questions or require additional information, you can reach us via live chat, phone, our online form, or by emailing [email protected].
Email Us
Please fill out the form below.
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Disclaimer:
Ask for details. Additional terms, conditions, fees & exclusions may apply. Rates may change without notice. Some accounts may require a minimum average daily balance for the statement cycle to avoid service charges. If the account is closed before interest and/or bonus is credited, accrued interest and/or bonus may be forfeited for that statement cycle. Fees could reduce earnings. In order to sign up for online banking, you must have a Quontic Bank account. Mobile banking requires enrollment through online banking. Data connection required. Wireless carrier fees may apply. There is no charge from Quontic Bank for account alerts, but message & data rates may apply. Mobile check deposit is available for select mobile devices. Subject to eligibility & further review. Deposits are subject to verification & not available for immediate withdrawal. Deposit limits & other restrictions may apply.
Online Account Opening is only available to consumers. Ask for details. Data connection required to open an account online. Wireless carrier fees may apply. Application is subject to approval & further review. Information is accurate as of the date listed below and may change without notice.
1 APY means Annual Percentage Yield.
2 National average rate for savings accounts courtesy of the FDIC’s Weekly National Rates and Rate Caps, as of 4/6/2020; average rate used is for deposits under $100,000.
