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Quantum National Bank Review

How does your bank stack up?

  • Financial Rates: 4.0 Star Icon
  • Customer Service: 5.0 Star Icon
  • Website Experience: 5.0 Star Icon
  • Bank Fees: 3.0 Star Icon


  • Low opening required amounts
  • High Rate Checking earns good rates
  • Variety of accounts offered
  • Account for kids and seniors


  • Low interest rates
  • Accounts have monthly fees
  • Tiered interest rates on accounts
  • Cannot open accounts online

What You Need to Know

The required amounts to open Quantum National Bank accounts are low. All the checking accounts and the saving account require $100 to open. The high rate money market account and CDs require $1,000 to open.

Quantum National Bank offers a High Rate Checking account. To open this account only requires $100. There is also a High Rate Checking account for senior citizens. You must be over 55 to open this account. To get the best rate offered you must meet requirements. You must have a minimum of 12 point-of-sale ATM or debit card transactions per month. You must also have one ACH debit or credit per statement cycle, and receive electronic statements.

Quantum National Bank has a variety of accounts. Those accounts include personal deposit and business accounts. Savings, checking, and money market accounts are available. CD terms range from seven-days to five-years. Quantum National bank offers credit cards and loans as well.

Quantum National Bank offers accounts for minors and senior citizens. The minor account only requires $1.00 to open, and there is no required minimum balance. The child receives a gift when they open the account and each time the child makes a deposit. The senior citizen High Rate Checking account is for those 55 or older. This account requires $100 to open. There is no required balance or monthly fee. If you meet the requirements, interest rates are competitive.

The interest rates offered on Quantum National Bank are low. The rates are slightly higher than some brick and mortar bank rates. Some Quantum National accounts offer more competitive rates than others. Most rates are not competitive with other online accounts.

Some Quantum National Bank accounts have monthly fees. The fees range from $5 to $15 a month. Waive the fees by keeping a set amount in the accounts. That amount ranges from $500 for the savings account, to $15 for the High Rate Checking account.

Most Quantum National accounts have tiered interest rates. To earn the most competitive rate requires a large balance in the account. The money market account requires $250,000 to earn the highest rate. The interest earning checking account requires $10,000 for the best rate. The 14-month CD term requires $100,000 to get the best rate.

Quantum National Bank accounts cannot be opened online. To open an account, you fill out a form and submit it to the bank. A bank representative will get in touch with you about the accounts. You can then stop by a branch location to open an account.

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Cool Things

Online Safety Tips

On the Quantum National Bank website is a section for online safety tips. Here are links to the FDIC website. You can learn how to keep your personal deposits safe, as well as your business accounts. There is also a link to review your credit report.

Financial Calculators

The Quantum National Bank website offers a variety of financial calculators. These allow you to see if you are on track for retirement or on debt repayment. You can easily see the breakdown of a car loan or how much to save for college.


Quantum National Bank opened in December of 1995. Their founding chairman, Dr. Narasimhulu Neelagaru is still directing the bank's operations. Headquarters for Quantum National Bank is in Suwanee, Georgia.

Quantum National offers personal deposit and business accounts. The interest rates are slightly higher than other brick and mortar bank rates. The High Rate Checking accounts offer great interest rates. You must meet set requirements to get the best rate.

Giving Back

Quantum National Bank gives back to nonprofits and charities in their communities. Some of those include Rotary International and Kiwanis International. They support junior Achievement and Gwinnett Habitat for Humanity. Other nonprofits and charities they support are listed on the website.

Frequently Asked Questions

Is Quantum National Bank FDIC insured?

Yes. Quantum National Bank is FDIC insured. The FDIC is an agency of the United States government that protects funds deposited in banks, up to $250,000 per customer, per bank. The money deposited in FDIC insured banks means money is backed by the full faith and credit of the United States government.

How do I access my money?

With an ATM or debit card, checks, or electronic transfers. You can make withdrawals at a branch location.

Does Quantum National Bank offer mobile banking?

Yes. With the mobile app, you can view account balances, transfer funds, and deposit checks. You can pay bills, send money to others with Popmoney, and receive account alerts.

Is Quantum National Bank free?

Most Quantum National Bank accounts have monthly fees. The fees range from $5 to $15 each month. To waive the fees requires an average daily balance. That balance ranges from $500 to $2,500 depending on the account.

Is Quantum National Bank a good bank?

Quantum National Bank offers a wide variety of accounts. Their High Rate Checking accounts earn great interest rates if you meet the requirements. The other rates are slightly higher than other brick and mortar bank rates. The opening required amounts are low. Most accounts have fees, but they are easy to waive.

Is Quantum National Bank secure online?

They offer security measures that comply with federal law. Quantum National Bank offers computer safeguards and secure files and buildings.

Does Quantum National Bank offer competitive interest rates?

Interest rates are slightly higher than typical brick and mortar bank rates. The High Rate Checking accounts offer very competitive rates. You must meet qualifications to get the best rate.

Can I use Quantum National Bank for my business accounts?

Yes. Quantum National Bank offers a variety of business accounts. They offer checking, savings, and money market accounts, along with CDs. Business credit cards and lending options are offered.

How is Quantum National online banking different from the online banking my bank offers?

It is the same. Some Quantum National accounts offer competitive rates. The best rate offered is the High Rate Checking accounts. The other rates are similar to brick and mortar bank rates.

Do Quantum National Bank checking accounts pay interest?

Two Quantum National Bank checking accounts earn interest. The High Rate Checking, and High Rate Senior account earn competitive rates. To earn that competitive rate you must have 12 ATM or debit card transactions each billing cycle. You must also receive electronic statements and have one ACH debit or credit per billing cycle.

How do I reach customer service?

By phone, email, mail, or by visiting a branch location.

Does Quantum National Bank offer bill pay?

Yes. The Quantum National Bank checking accounts offer free bill pay. You make the payments through the Quantum National Bank app.

Can I deposit cash?

Yes, at a local branch location.

How long do transfers take?

Specific transfer times are not listed on the website.

Can I sign up for direct deposit to Quantum National Bank accounts?

Yes. You can have money directly deposited into Quantum National Bank accounts.

Bank Contact Information

3438 Peachtree Road
Atlanta, GA 30326

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