I mean, there isn’t much to a HYSA where you could have issues. They really just kind of sit there. AMEX also isn’t some no-name bank Transferring between them is pretty painless. Sure, go for it if you want the sign up bonus. Fed interest rates are so high at the moment that HYSA are fantastic for the banks, so the offers and rates are skyrocketing as they try to get more of them open Answer from Vresa on reddit.com
American Express
americanexpress.com › home › savings › high yield savings
High Yield Savings Account with No Fees to Open | Amex US
A high-yield savings account (HYSA) generally offers higher interest rates than traditional savings accounts. They combine the flexibility of regular deposits and withdrawals with the benefit of earning more on your savings.
Reddit
reddit.com › r/personalfinance › anyone use american express high yield savings account?
r/personalfinance on Reddit: Anyone use American Express High Yield Savings Account?
February 9, 2023 -
Got an email offer for $350 for depositing at least $25,000 into the account and holding it there for like 2 or 3 months. Just want to know if they are a good savings account for the interim just to get the bonus or if they are a nightmare to deal with and not worth the effort. The money is just sitting in my Ally account so if I can get an extra $350 off of it, I figure why not
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I mean, there isn’t much to a HYSA where you could have issues. They really just kind of sit there. AMEX also isn’t some no-name bank Transferring between them is pretty painless. Sure, go for it if you want the sign up bonus. Fed interest rates are so high at the moment that HYSA are fantastic for the banks, so the offers and rates are skyrocketing as they try to get more of them open
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I've used them for a similar bonus in the past and had no problem. If you already have a credit card with them, you can access your banking and credit cards with the same logins, though it's not as seamless as other providers such as CapitalOne and Discover. At $350 bonus for 3 months, that's equivalent to 5.6% APY. Combined that with their current rate of 3.4% and you're basically getting a 9% 3 month CD. I would do it. You can easily close the account later--which is what I did. Just check if there is any closing fee/period. Though I don't think there is.
Pros and Cons to AmEx HYSA?
I've had zero issues...I guess my only con would be that it's not the highest rate available More on reddit.com
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February 8, 2024Amex HYSA APY now 3.4%
It's only $100 per $100k over 12 months. Still a great trustworthy HYSA in my opinion. More on reddit.com
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440
November 26, 2025HYSA Rate Decreased (again)
That’s how it works. Rates drop when fed rate drops More on reddit.com
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2 weeks agoHigh Yield Savings
well define what is « good » for you More on reddit.com
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April 11, 2025Does the American Express HYSA come with an ATM card?
Like many savings accounts, the American Express HYSA does not come with an ATM or debit card. However, the American Express Rewards Checking Account offers a debit card that allows you to earn rewards. Terms and eligibility apply. Accounts offered by American Express National Bank. Member FDIC. Learn More
americanexpress.com
americanexpress.com › credit intel › saving & budgeting
What Is an American Express® Savings Account?
What is the American Express HYSA’s APY?
The account’s APY is competitive and typically higher than a traditional savings account. However, APY can fluctuate over time as prime rates change. To learn more, check current HYSA APY.
americanexpress.com
americanexpress.com › credit intel › saving & budgeting
What Is an American Express® Savings Account?
What is a High Yield Savings Account (HYSA)?
A High Yield Savings Account is a savings account with a variable interest rate. Interest on High Yield Savings Accounts is compounded daily and posted to accounts monthly.
americanexpress.com
americanexpress.com › home › savings › high yield savings
High Yield Savings Account with No Fees to Open | Amex US
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American Express
americanexpress.com › en-us › banking › online-savings › account
American Express® Online Savings Account - Official Website
November 27, 2025 - High Yield Savings (HYSA) * * Earn more interest than your average savings account – and watch your money grow. Open an Account Learn more · Certificates of Deposit (CDs) UP · TO * UP · TO * Choose from a variety of CD terms, up to five years. Open an Account Learn more ·
American Express
americanexpress.com › en-us › banking › personal › savings › dashboard
Log In to My Account | American Express US
All users of our online services are subject to our Privacy Statement and agree to be bound by the Terms of Service. Please review · © 2026 American Express. All rights reserved
American Express
americanexpress.com › en-us › banking › online-savings › faq › hysa-cd-differences
What is the difference between a High Yield Savings Account and a CD?
High Yield Savings Accounts (HYSAs) Certificates of Deposit (CDs) Individual Retirement Accounts (IRAs) Trusts & Beneficiaries · Understanding Your Account · Quick links to get you—and keep you—on the right track. Opening an Account · Accessing and Managing Your Account ·
American Express
americanexpress.com › content › dam › amex › en-us › banking › personal-savings › Savings-Schedule.pdf pdf
AMERICAN EXPRESS NATIONAL BANK SAVINGS SCHEDULES
2 weeks ago - HYSA Accounts. Limits for Incoming ACH Transactions initiated online or in the Amex App:
American Express
americanexpress.com › credit intel › saving & budgeting
What Is an American Express® Savings Account?
July 8, 2025 - When you’re looking for ways ... Express High Yield Savings Account (HYSA) is an option that could provide the necessary benefits to help you meet your savings goals....
NerdWallet
nerdwallet.com › home › banking › best › best high-yield savings accounts for january 2026: up to 4.35%
Best High-Yield Savings Accounts for January 2026 - NerdWallet
13 hours ago - The difference between a high-yield savings account (HYSA) and a checking account is that a high-yield savings account is used for building your account balance, while a checking account is used for everyday spending.
Carry
carry.com › learn › amex-high-yield-savings-account-review
Amex High Yield Savings Account Review 2025 - Carry
September 11, 2025 - Enter the routing and account numbers for the bank you want to link. Amex will send two small deposits to confirm the connection—these typically appear within one to three business days.
American Express
americanexpress.com › content › dam › amex › en-us › banking › personal-savings › exclusive_savings_rate_terms_and_conditions.pdf pdf
Exclusive Savings Rate Terms and Conditions
used to calculate interest accrued on your HYSA Account beginning on the day the ineligibility
Yahoo! Finance
finance.yahoo.com › personal finance › banking
American Express vs. Marcus by Goldman Sachs: Which online bank has the best HYSA?
July 3, 2025 - American Express National Bank and Marcus by Goldman Sachs are both popular online banks, each with a competitive high-yield savings account (HYSA) option.
The Motley Fool
fool.com › motley fool money › banks › savings accounts › savings account reviews › american express high yield savings review
American Express® High Yield Savings Account Rates & Review 2026 | The Motley Fool
2 weeks ago - You can rest assured that your money is in a safe and reliable place, alongside millions of other users. Most importantly for your HYSA, your Amex funds are FDIC insured up to $250,000 per depositor, so even in the worst-case scenario, your ...
American Express
americanexpress.com › en-us › banking › online-savings › faq › what-is-a-hysa-account
What Is A High Yield Savings Account | American Express® Savings
High Yield Savings Accounts (HYSAs) Certificates of Deposit (CDs) Individual Retirement Accounts (IRAs) Trusts & Beneficiaries · Understanding Your Account · Quick links to get you—and keep you—on the right track. Opening an Account · Accessing and Managing Your Account ·
American Express
americanexpress.com › en-us › banking › online-savings › articles › all-about-high-yield-savings
The Basics of High Yield Savings Accounts
Learn what is a High Yield Savings Account and how it works before you open an account online. HYSA offers higher interest rates than traditional savings account.
Bankrate
bankrate.com › banking › savings
American Express Savings Account Interest Rates | Bankrate
July 9, 2024 - Looking for a high-yield savings account without a minimum deposit requirement? American Express provides a solid option.
Fortune
fortune.com › article › american-express-bank-review
American Express Bank Review 2026. A guide to Amex’s HYSA and rewards checking | Fortune
3 weeks ago - Personal loans: If you’ve got an American Express card, you may be eligible to open a personal loan of up to $50,000. Amex may target you for a loan and let you know if you’re likely to qualify for it before you formally submit an application (potentially saving you from a wasted hard credit inquiry were you to be denied).
American Express
americanexpress.com › en-us › banking › online-savings › navigating-account
Navigating Account | American Express® Savings Account
The Savings Dashboard is your starting point when navigating within any High Yield Savings account (HYSA), Certificate of Deposit (CD), or Individual Retirement Account (IRA).
Forbes Advisor
forbes.com › advisor › banking › savings
American Express Savings Rates – Forbes Advisor
1 week ago - A trusted online bank with a range of personal and business banking products, American Express® offers competitive savings rates. The annual percentage yield (APY) on its sole savings account is APY. The bank also has a selection of certificates of deposit (CDs) that offer solid rates. Savings r
CNBC
cnbc.com › cnbc select › banking › best high-yield savings accounts from big banks in 2025
Best high-yield savings accounts from big banks in 2025
1 month ago - CNBC Select has chosen the best HYSA offered by large financial institutions, based on APY, fees, ease of use, customer service and more.
NerdWallet
nerdwallet.com › banking › calculators › savings-calculator
Savings Calculator - NerdWallet
Use this free savings calculator to understand how your money can grow over time. When you put money in a savings account, the interest you earn builds on itself.