The Powerful Earning of American Express

Tomorrow's plans are within reach by saving with a high APY today

triangle with all three sides equal No Monthly Fees
triangle with all three sides equal No Minimum Deposit
triangle with all three sides equal 24/7 Account Access
1.75
%
APY*
American Express® Personal Savings
rates beat the national average
(.09% APY**) by 18X
National Average**
.09
%
APY**

Calculate Your Savings

To estimate your future earnings, enter an initial deposit, recurring deposit, and select a savings period. Adjust your inputs to update results. Savings calculator is for illustrative purposes only. See below for details.

*The Annual Percentage Yield (APY) as advertised is accurate as of 11/19/2019. Interest rate and APY are subject to change at any time without notice before and after a High Yield Savings Account is opened.

Get Started Saving Today

Opening your new account is easy. Complete the quick online application and make a deposit by linking a bank account or mailing in a check.

Before You Open An Account

  • Gather your personal info, bank account number, and routing number.
  • If you're opening a joint account, you'll need the other account holder's personal info, including SSN.

Why American Express?

Competitive Interest Rates

Our rates beat the national bank average by over 18X**.
Interest is earned daily and posted to your account monthly.

Convenience

Link up to 3 bank accounts, create recurring deposits, and access your funds any time online or by phone.

24/7 Customer Service

Need help with set-up? Have questions? Enjoy 24/7 access to customer service, online or by phone.

Accounts offered by American Express National Bank. Member FDIC. Each depositor is insured to at least $250,000

Learn More from FDIC.gov

*The Annual Percentage Yield (APY) as advertised is accurate as of 11/19/2019. Interest rate and APY are subject to change at any time without notice before and after a High Yield Savings Account is opened.

For a CD account, rates are subject to change at any time without notice before the account is opened. Your rate will be fixed on the business day‡ we receive your completed application, provided we receive your deposit within 30 days after your application is approved. After a CD is opened, additional deposits to the account are not permitted. Early CD withdrawals may be subject to significant penalties which could cause you to lose some of your principal. Please see the Deposit Account Agreement for additional terms and conditions and Truth-in-Savings disclosures.

**The national average APY is accurate as of November 18, 2019, as published in the FDIC's Weekly National Rates and Rate Caps; average rate used is for deposits under $100,000.

†You may make up to six (6) withdrawals or transfers out of your High Yield Savings Account during a monthly statement cycle. Read More in FAQs

‡For purposes of transferring funds, business days are Monday through Friday, excluding holidays. Transfers can be initiated 24/7 via the website or phone, but any transfers initiated after 7:00 PM Eastern Time or on non-business days will begin to be processed on the next business day.

♦Calculations are estimates of expected interest earned. Actual results may vary, based on various factors such as leap years, timing of deposits, rounding, and variation in interest rates. The first recurring deposit is assumed to begin in the second period after any initial deposit.