QuonticReviews of quontic.com

When a user opens a Quontic account, the funding account isn't automatically linked; an industry standard practice which reputable online banks do by default. At this point, users are unable to transfer their money out of Quontic. After a wait period of 30 days, users are required to telephone Quontic to turn on external account capabilities. Adding external accounts should be available to users without requesting it over the phone! Once a user does add an external account, withdraws are LIMITED to $2K daily / $10K monthly. If someone had $250K in their account, it would take them over 2 years to withdraw the funds if they wanted to close the account! This behavior is a huge red flag. Online banks making it difficult to access your money is cause for avoiding this bank altogether. Quontic does state that there are no limits on withdraws if a transfer is initiated using an outside bank. But banking is based on trust and Quontic making it difficult to move your money as you see fit doesn't imbue trust. Also, Quontic sends 1099-INT forms through the mail–there's no PDF available… in 2025! Another red flag as to how technologically behind this company is. Users can submit a request for a PDF using their contact us page, but they don't seem to respond to the requests at all. So many aspects of Quontic make it a non-starter. Bank elsewhere.

Going to my new account, I am unable to learn anything about adding funds, debit card, checks, transferring from my external checking account, etc. All I know, from my welcoming letter, is that apparently I can do nothing nor learn nothing for 30 days...

I went many lenders, but not able to get loan, my real estate agent has recommended to see last option with Quontic and Abdul Rahman I was giving up to buy home, but now I have a place to live, thank you

Easy to set up and great customer service

I’m very satisfied with Quontic bank. I’ve use my pay ring for the first time today and I’m lost for words. The experience was great. People were asking if this was an Apple product and I kindly let them know it was quontic bank that offers this product. Also, to get alerts when you use the ring to purchase something is amazing. My experience with qountic bank and pay ring as of today is out standing and I can’t wait to try the pay ring around more friends and family to spread the word about quontic bank

Good at first, product good etc. Then my account got closed and online banking I couldn't use? Mutiple different answers from email and phone customer service. I went to bank and we resolved issue but you guys never let me find out or fix issue. Somehow your third party bank approval got revoke so funds stopped. Anyway I tried to restart account after fixing problem and it has been a nightmare from you guys...can't get reinstated from this minor data issue. Tried submitting new account and that got rejected by funding dept..my funds are GOOD! so without any notice or explanation I can't reinstate my ring or account or open new account! Really bad treatment on someone whom is willing to open account! I like you product and was using it, but now very frustrated and irritated that all I get from you guys that things are closed, rejected all bad things but no help in resolving issues or going forward. Please reopen my account

I've been looking for a second online bank. I read that Quontic is highly rated so I thought I'd give them a try. So far, everything has been stellar: Signing up was super easy and the cool ring and ATM card showed up quickly and were easy to set up. Everything has been flawless. This is how banking should be.

Once you go through the hassle of opening, you have to wait almost 5 weeks before depositing any significant amount of money, and then you can't get it out. You are not able to link an external account to withdraw any of it, and other banks DO NOT RECOGNIZE THEIR ROUTING NUMBER making any transfer impossible. Thank goodness I only deposited $100! I am still waiting to get it back. UPDATE: After messaging them on their website, the $100 was immediately transferred back to me.