Is there a minimum daily balance required to maintain this account?
No, there is no minimum daily balance required to earn interest on this account.
What is Wearable Checking account?
Wearable Checking is the nation’s first checking account that includes a complimentary Pay Ring—a secure, contactless payment device that allows you to make purchases without carrying a physical debit card. Please note: This account does not earn interest and does not offer cashback rewards.
Will there be any changes to my account fees or account features?
Currently, there are no changes to the fees, features, or servicing of existing Wearable Checking accounts. Customers should continue to refer to the Schedule of Fees and Quontic Bank Disclosure Required By Federal Law for complete account information.
Can I continue receiving direct deposits into my Wearable Checking account?
Yes. Direct deposits currently established on your Wearable Checking account will continue to be processed normally. No action is required.
Will my Wearable Checking account be closed?
No. Existing Wearable Checking accounts are not being closed as a result of this change. Customers may continue using and maintaining their accounts under the current terms and conditions.
Is Quontic discontinuing support for existing Wearable Checking customers?
No. Existing Wearable Checking customers will continue to receive the same account servicing and support from Quontic.