Best Savings Account Rates American Express Bank

One of the best savings account rates for a national bank can be found at American Express Bank. For several years now American Express Bank's savings rate has been on the higher end of our rate list. American Express Bank's current online savings account rate is at 0.90% with an APY of 0.90%. 

American Express Bank Best Savings Account Rates

American Express Bank's savings rate is well above the current national average savings account rate of 0.193% for account balances of $2,500 or more. Amex Bank is the banking arm of the credit card company American Express.

You can search and compare the highest savings account rates in your state by searching MonitorBankRates’ savings rate tables here: Highest Savings Account Rates.

Amex Account Features and Benefits:

  • Amex’s High Yield Savings Account has no fees and no minimums to maintain.

  • The account is FDIC insured for up to $250,000.

  • You have 24/7 access to the account online.

  • You can make deposits by electronic transfer or by check.

  • Withdrawals can be made by check by calling Amex at 1-800-446-6307 and requesting a withdrawal by check.

As with all savings account rates Amex’s savings account rate is a variable rate account, which means the savings rate can change at anytime. Amex Bank is also advertising 12 month CD rates at 0.55% if you want to lock in a rate though you're obviously better off with the higher savings account rate.
Author: Lisa Graham
December 9th, 2011
Posted in: Savings Accounts