AmEx High Yield Savings Bonus: 3.70% Annual Percentage Yield (APY) – As Of 4/22/25 (Nationwide)

The American Express^® High Yield Savings Account, Member FDIC, account offers a 3.70% Annual Percentage Yield (APY) rate – as of 4/22/25. Discover the AmEx High Yield Savings Bonus available nationwide today.

The information related to American Express Savings has been collected by Moneysmylife and the content may be outdated. This information has not been updated since January 3, 2025.

Introduction: Is AmEx Savings For You?

Have you ever wondered if your savings could be doing more for you? In banking, the American Express® High Yield Savings Account stands out with an impressive APY.

Since the purpose of this account is to save money over time, American Express National Bank, Member FDIC, doesn’t provide checks or an ATM/Debit card to savings accounts. It’s an online-only account available to everyone nationwide, so you’ll need to link another external bank account in order to make easy online cash transfers.

If you’re serious about maximizing your savings potential, let’s take a look into how the Amex High Yield Savings Account can work for you.

American Express^® High Yield Savings Account, Member FDIC: 3.70% Annual Percentage Yield (APY) (Nationwide)

Earn 3.70% Annual Percentage Yield (APY) with the American Express® High Yield Savings Account.

• Available online, nationwide
• Minimum deposit to open / Minimum balance = $0
• Minimum to earn the stated APY is $0
• Fees = $0
• No account maximum

READ MORE: GET TOP BONUSES FROM CHASE, AXOS, AND CIT.

About The American Express^® High Yield Savings Account

American Express Company (NYSE: AXP) or AmEx, is an American financial services corporation headquartered in Three World Financial Center, Manhattan, New York City, New York, United States. Founded in 1850, it is one of the 30 components of the Dow Jones Industrial Average.

Fortune listed Amex as one of the top 20 Most Admired Companies in the World.

Like any other trusted online account, the American Express^® High Yield Savings Account is fully protected by the Federal Deposit Insurance Corporation (FDIC). The maximum insured amount is $250,000 per depositor. Member FDIC.

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Online Savings Account Features

• Simple and quick application process with no minimum balance requirement
• Earns interest daily
• Access to your account online or by phone 24/7
• No maintenance fees
• Can be linked to three bank accounts
• Member FDIC
• Clients can set up automatic transfers to/from external bank accounts
• They can also set direct deposit schedules

There are no limits to how many deposits one can make per statement cycle. People who want to add money to their savings on a weekly or even daily basis have the option to do so.

There is no minimum initial deposit required. Clients must make a deposit within 60 days of their savings application being approved to activate their accounts or else it will be closed.

As with all savings accounts, the more you put away to save, the more interest you stand to gain.

READ MORE: SEE THE NATION’S BEST ONLINE SAVINGS RATES HERE

Compare With Other CD Rate Promotions

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Our Take on the AmEx High Yield Savings Bonus

The American Express^® High Yield Savings Account is a good solution for individuals who’d like to save money consistently over a long period of time with the option to access their funds on a regular basis.

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.