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Quontic CD Rates: Current Offers for 2025

Review Updated
Joel O'Leary
Author: Joel O'Leary
Joel O'Leary
Joel O'Leary
Full Time Writer

Joel is a full-time writer at Motley Fool Money, where he brings a clear, approachable voice to topics ranging from credit cards to side hustles. He’s been writing about money since 2018, covering topics like credit cards, savings hacks, and the FIRE movement. Before joining the team, he managed editorial content for the How To Money podcast. When he’s not behind the laptop, Joel is likely at the beach surfing, or out and about with his family.

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Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. APY = Annual Percentage Yield.

Quontic is a relatively new player in the banking space, but it's made a name for itself by doing things a little differently. As a digital-first, FDIC-insured bank, Quontic specializes in high-yield savings products and flexible options for people who don't always fit the traditional banking mold.

From checking accounts that earn interest to innovative home loans, Quontic has built a solid reputation around accessibility, high tech, and high returns.

Today I'm going to cover one of the bank's most popular offerings in 2025: certificates of deposit (CDs). Quontic's rates compete at the very top of the market.

Current Quontic CD rates and terms

Rates as of June 16, 2025

APY = Annual Percentage Yield

Offer image for Quontic CD
Quontic CD
Bottom Line

Quontic Bank offers CDs with terms ranging from six months to five years. It offers most of the terms one would expect, though it is missing a 4-year CD, so it may not be ideal for those hoping to build a CD ladder. Its rates are competitive, especially on its longer term CDs, and its minimum deposit is more affordable than what you see with some other top banks.

MINIMUM DEPOSIT $500
Open Account for Quontic CD

On Quontic's Secure Website.

6 Mo. APY 1 Yr. APY 2 Yr. APY 3 Yr. APY 5 Yr. APY
3.75% 3.25% 3.35% 3.25% 3.00%

Unlike other banking products we evaluate, certificates of deposit (CDs) do not receive a star rating from us. This approach is due to the frequent updates in interest rates and terms associated with CDs. Instead, we highlight CDs on our best-of list pages based on their annual percentage yield (APY) and the fees associated with early withdrawals. Our top CD selections typically offer competitive APYs without complex qualification tiers, low early withdrawal penalties, reliable strong brand reliability, and user-friendly features.

Motley Fool Money focuses exclusively on standard CDs and does not review IRA CDs, bump-up CDs, callable CDs, or other specialized CD accounts.

Our aim is to maintain a balanced list featuring top-scoring products from reputable brands offering competitive APYs and standout features. Learn more about how Motley Fool Money rates bank accounts.

Unlike other banking products we evaluate, certificates of deposit (CDs) do not receive a star rating from us. This approach is due to the frequent updates in interest rates and terms associated with CDs. Instead, we highlight CDs on our best-of list pages based on their annual percentage yield (APY) and the fees associated with early withdrawals. Our top CD selections typically offer competitive APYs without complex qualification tiers, low early withdrawal penalties, reliable strong brand reliability, and user-friendly features.

Motley Fool Money focuses exclusively on standard CDs and does not review IRA CDs, bump-up CDs, callable CDs, or other specialized CD accounts.

Our aim is to maintain a balanced list featuring top-scoring products from reputable brands offering competitive APYs and standout features. Learn more about how Motley Fool Money rates bank accounts.

Key features of Quontic CDs

Quontic offers some of the best CD rates available, with low minimum balance requirements. Perfect for first-time CD buyers and savers just starting out. Quontic also stands out for its sleek digital platform which makes it easy to open, monitor, and manage all your CDs.

Here are some of the key features:

Minimum deposit $500
Range of term lengths 6 months - 5 years
Compounding schedule Daily (Credited to account monthly)
Grace period 10 days
Data source: Quontic.

Early withdrawal penalties and risks

Quontic doesn't offer partial withdrawals. It's all or nothing if you need to withdraw early. If you need to withdraw money before a CD matures, you'll need to request specific approval from Quontic.

Here's what to expect in terms of fees:

CD Term Early Withdrawal Penalty
Less than 1 year All interest for the stated term
1 to 2 years 1 year of interest
Over 3 years 2 years of interest
Data source: Quontic.

That means if you yank your money early, you could forfeit all your earned interest -- and even dip into your principal if you're not careful.

Heads-up: CDs aren't flexible. If there's even a chance you'll need access to the funds early, a high-yield savings is a better option.

Maturity and automatic renewal

When your Quontic CD reaches maturity, you'll get a 10-day grace period to withdraw or make changes before it automatically renews for the same term at the current rate.

Here are your options during that 10 day window:

  • Withdraw your principal + interest
  • Roll it into a new CD (with the new APY)
  • Do nothing -- and it will auto-renew

Quontic will send you a Maturity Notice before your CD matures, but it's always good to set your own calendar reminder. If you go past the grace period without withdrawing funds, Quontic will send you a confirmation of auto-renewal notice.

Pros and cons of Quontic CDs

Pros

  • Top-tier interest rates
  • Low $500 opening deposit
  • FDIC insured
  • Easy online application
  • No account fees

Cons

  • No partial withdrawals allowed
  • Steep penalties for early withdrawals
  • Limited CD term options (no oddball terms like 18 months)
  • No branch support (if you like in-person banking)

How do Quontic CD rates compare?

To see how Quontic stacks up, here's a quick side-by-side with a few top contenders:

Rates as of June 16, 2025
LendingClub CD

LendingClub CD

Member FDIC.
APY:
4.25%
Term:
14 Months
Min. Deposit:
$500
Open Account for

On LendingClub's Secure Website.

Discover® Bank CD

Discover® Bank CD

Member FDIC.
APY:
4.00%
Term:
1 Year
Min. Deposit:
$0
Open Account for

On Discover Bank's Secure Website.

Western Alliance Bank CD

Western Alliance Bank CD

APY:
4.00%
Term:
6 Months
Min. Deposit:
$1
Open Account for

On Raisin's Secure Website.

My take: Quontic shines for short-to-mid-term savers. If you're chasing yield and don't mind digital-only banking, it's hard to beat.

How to open a Quontic CD

Here's a direct link to apply, and it takes less than three minutes to open an account.

Here's the high-level process:

  1. First, select your CD term.
  2. Enter personal info like name, SSN, and contact details.
  3. Fund your account via ACH transfer (minimum $500).
  4. Confirm and lock in your rate!

The whole thing takes about five minutes if your funding account is ready to go.

While you're at it, download the Quontic mobile app. This lets you check account balances and gives you access to other banking products they offer.

Should you open a Quontic CD?

For disciplined savers chasing a high yield, Quontic's CDs offer excellent returns with a low barrier to entry. Just make sure you've got at least $500 ready to park, and that you're not going to touch the money before maturity.

Keep in mind, Quontic also offers other fantastic savings products if you aren't ready to lock up your cash. You can split your funds across CDs, high-yield checking accounts, or savings accounts.

If you're ready to earn more on your savings with a fixed rate, open a Quontic CD today.

FAQs

  • Quontic is FDIC insured, meaning deposits are protected up to $250,000 per account holder. It's been around since 2009 and is known for digital innovation. Yes, it is a safe bank!

  • Nope. Like most CDs, you can't add more money after you open one. You'd need to start a new CD for additional funds.

  • As of 2025, Quontic does not offer no-penalty CDs. Early withdrawal will cost you, so only commit funds you won't need access to.