American Express is sending targeted emails with the subject line “<name>, earn a $350 bonus with Amex Savings” to eligible cardholders. This offer provides a great opportunity for those who are looking to boost their savings and earn a generous bonus.
- Update 10/14/23: Last reported expiration date was 3/3/2023 so it may no longer be available. Their High Yield Savings account still offers a competitive Annual Percentage Yield (APY). Read about it here.
American Express Savings offers a high-yield interest rate, so you can grow your savings and take advantage of the bonus offer at the same time. This account is a great choice for those who want a secure and easy way to save their money, with a reputable financial institution.
- What you’ll get: $350 bonus
- Where it’s available: nationwide; targeted
- How to earn it: To take advantage of this offer, simply open a new American Express Savings account and deposit at least $25,000 by March 3, 2023. Once the funds are deposited, you must hold the funds in the account until May 2, 2023 to receive the $350 bonus.
- When it expires: 3/3/2023
>>No Offer Link (You must have received direct communication from American Express)
Waive The Monthly Fee
There are no monthly fees for this account.
- This offer is only available to customers new to American Express Savings. This Offer is not available to (i) non-American Express Card Members, (ii) American Express Card Members who did not receive this email from American Express directly, or (iii) American Express Card Members who have been named as a primary or joint holder on an active American Express Savings Account (High Yield Savings, CD or IRA).
- You, as the direct recipient of this email can only be eligible for 1 offer. The new High Yield Savings Account must be opened using the email address that directly received this email, and the recipient of this email must be named as the primary holder when opening the new account. In the event that more than one person shares the email address to which this email was delivered, the individual named in the body of the email will be treated as the recipient eligible for this offer. In the event multiple accounts are opened by the eligible recipient, the High Yield Savings Account with the highest balance will be eligible.
- A cash bonus amount of $350 will be credited to your new account after you, as the primary account holder, deposit a total of $25,000 or more of new money (not transferred from an existing American Express Savings, checking or debit account) into a new American Express High Yield Savings Account. A “new” account for this purpose is an account that is opened on or after the date on which this email was sent by American Express. High Yield Savings Accounts that were active prior to the date on which this email was sent by American Express are not eligible for this offer.
- At the time the bonus is credited, your account must be open, in good standing and not restricted to qualify. Your balance may decline after the 90-day holding period, but the account must remain open and in good standing.
- All bank bonuses are taxable and you’ll receive a 1099 from American Express for this
Don’t miss this opportunity to earn a $350 bonus and grow your savings with American Express Savings. If you’re an eligible cardholder, make sure to take advantage of this offer by March 3, 2023.
- American Express® High Yield Savings Account Earns 4.35% Annual Percentage Yield (APY) – As Of 12/14/23 (Nationwide)
- American Express Savings: Earn Up To 4.50% Annual Percentage Yield Best CD Rates (Available Nationwide)