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Qapital review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Qapital is a spending and saving app rather than a savings product in its own right, so it suits people who want one place for everyday money. A headline rate of 0.05% and a monthly fee of $3 mean it makes little sense for anyone chasing interest.

Key facts

Best for
US adults who want saving and spending side by side in a single app.
Headline rate
0.05%↗
Rate type
Variable↗
Deposit protection
FDIC up to USD 250,000↗
Access terms
On-demand access; Save and Spend accounts provided by Lincoln Savings Bank as demand deposit accounts↗
Monthly fee
$3↗
Account kind
Easy access↗
Legal entity
Qapital, LLC↗
Headquarters
United States↗
Founded
2013↗
Support channels
Help-centre, Email↗
Official website
qapital.com

Facts checked September 26, 2026, 4 sources

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
WikidataWikipediaLinkedInXinstagram.com

Pros and cons

Pros

  • Savings and spending sit in one app, with on-demand access to the money
  • Deposits are held at Lincoln Savings Bank as demand deposit accounts
  • Protection runs through FDIC up to USD 250,000
  • Help is available by help centre and email

Cons

  • A monthly fee of $3 applies to the account
  • The headline rate is only 0.05%, well below what fixed savings pay
  • Support runs on help centre and email only, with no phone line
Qapital

Ready to try Qapital?

Scored 8.3 / 10 by SumCue.

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Who it suits

  • US adults who want a spending account and a savings account in one app
  • People who keep most spending money in one place and value quick access
  • Anyone already banking with a partner institution in the US

Who should look elsewhere

  • Wise and bunq, which pay far higher headline rates
  • Finteres, for anyone who wants a fixed savings term rather than an easy-access account
  • Savers whose main aim is to grow a deposit without paying a monthly fee

Rates and card terms

Qapital pays a headline rate of 0.05%, and that rate is variable, so it can move with the base rate rather than being locked in for a term. The account is easy access, which means money is available on demand rather than held to a notice period. Against a savings median of 3%, the yield here is thin, and the monthly fee of $3 takes a further slice.

The company behind it

Qapital, LLC is based in the United States and has operated since 2013. It holds US registration with the SEC under licence 283762. The Save and Spend accounts are not held by Qapital itself: Lincoln Savings Bank provides them as demand deposit accounts, and deposits carry FDIC up to USD 250,000. Support runs on help centre and email, so a query goes by email or through the help centre.

How Qapital compares

Where Qapital is available

Available
United States
Licence in United States
SEC (283762), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

How much does Qapital cost?+

Qapital charges a monthly fee of $3 for the Save and Spend accounts. That fee applies on top of a headline rate of only 0.05%, so the account is priced as a spending tool rather than a place to earn interest.

Is my money protected at Qapital?+

Deposits carry FDIC up to USD 250,000, so the balance is covered under the FDIC arrangement up to the stated limit. The accounts themselves are provided by Lincoln Savings Bank as demand deposit accounts rather than by Qapital directly.

Who regulates Qapital?+

Qapital, LLC is registered in the United States with the SEC, under licence 283762. The bank holding the deposits is a separate institution, so the regulatory record covers the app and the deposit partner separately.

What kind of savings account is this?+

The account is easy access and the rate is variable, so there is no fixed term and the rate can move. On-demand access means money can be taken out whenever it is needed rather than after a notice period.

How do I get help from Qapital?+

Support runs on help centre and email, meaning email and the help centre are the routes available. There is no phone line listed, so questions are handled in writing. Qapital has operated since 2013.

How does the headline rate compare with other savings?+

The rate here is 0.05%, which sits far below the savings median of 3%. Among the brands compared, Wise pays 3.29% and bunq pays 3.01%, so the gap is wide.

Who is Qapital suited to?+

It suits US adults who want saving and spending handled in one place, with on-demand access to the balance. It suits people who want a habit of setting money aside rather than a return on it, given the 0.05% rate and the $3 fee.

Can I lock in a fixed rate with Qapital?+

No fixed term is offered. The rate is variable and the account is easy access, so the balance is accessible on demand and the rate is free to change. Someone wanting a locked rate and a set term would look at a fixed savings account instead.

Sources

  • adviserinfo.sec.gov/firm/summary/283762 checked September 26, 2026

    Backs: Deposit protection, Licences

  • help.qapital.com/en/articles/10245152-is-there-interest-o... checked September 26, 2026

    Backs: Headline rate

    “If you have a Qapital Spend Account, you will earn 0.05% APY interest (compounded monthly) on the funds you have in your Spend Account.”

  • qapital.com/about-us checked September 26, 2026

    Backs: Founded, Headquarters

    “2013 Founded”

  • qapital.com/pricing checked September 26, 2026

    Backs: Access terms, Account kind, Legal entity, Monthly fee, Rate type, Support channels

    “Qapital Save and Spend accounts are provided by LSB ... the funds in your Save and Spend accounts will be held separately in your name by LSB in one or more demand deposit accounts”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Term, Minimum deposit.

Qapital

Qapital

US adults who want saving and spending side by side in a single app.

8.3/10See alternatives