Find the best American Express National Bank Savings CD Rates to grow your savings. Learn how AmEx’s competitive Annual Percentage Yield can boost your savings today!
Quick Takeaways
Introduction: AmEX CD Rates Among the Best
Have you ever wondered if your savings are truly working for you? Finding a reliable and lucrative place to stash your savings is paramount. American Express National Bank Savings is stepping up, offering some of the most competitive Annual Percentage Yield (APY) rates for their online Certificate of Deposit (CD) accounts.
With American Express Savings, you’re not just saving money; you’re earning it at some of the best rates nationwide. Let’s dive into the details.
Earn an impressive yield for your savings with American Express High Yield Savings Account, read about it here.
Recent Updates
- Update 4/21/25: The rates have been updated. We are no longer actively tracking the rates, please go to their website (publicly available link below) to get the latest rates.
- Update 5/10/24: The APY rate for their 12-month CD increased to 4.35%.
- Update 3/14/24: Rates have changed. See the new rates below. Barclays Bank also offer one of the best CD Accounts, read more here.
- Update 1/18/24: The 11-month, 12-month, and 24-month CD rates have decreased. See the new rates below.
- Update 12/14/23: The 11-month and 24-month CD rates have decreased.
- Update 11/22/23: The 11-month CD has increased from 5.00% APY to 5.25% APY.
- Update 9/22/23: The 24-month CD rate increased frrom 4.25% APY to 4.75% APY.
- Update 9/12/23: 12 month CD rate decreased to 4.25% APY. New 11-month CD rate added, earning 5.00% APY.
- Update 6/30/23: 12 month CD rate increases to 4.75% APY.
- Update 6/6/23: Rates for the 12 and 24 month CDs have increased.
- Update 4/12/23: Their 12-month, 24-month, and 60-month CD decreased. See the new rates below.
- Update 2/16/23: Their 60 month CD decreased from 3.75% to 3.25%
See the posts history below for all American Express offers.
American Express Savings Online CD Account Details
American Express Savings offers CD accounts that are flexible and accessible. These accounts are designed to meet the needs of a wide range of savers, from those just starting to build their savings to seasoned investors looking for a secure place to grow their funds over time.
- CDs are available in term lengths ranging from 12 to 60 months, providing flexibility to align with your financial goals and timelines.
- CDs can be opened online with ease, offering a hassle-free way to start growing your savings. They come with the added benefits of having no fees and no minimum deposit requirements, making them accessible to a wide range of savers.
- For added convenience, American Express Savings allows you to set up automatic transfers to fund either the CD or savings account, ensuring you can consistently grow your savings without having to manually transfer funds each time.
Annual Percentage Yield (APY) Rates Table
Here is a table with the current rates for the most popular CD terms offered by American Express Savings – as of 5/10/2024.
| Term | Annual Percentage Yield |
|---|---|
| 11 Month CD | 4.00% |
| 12 Month CD | 3.85% |
| 18 Month CD | 3.85% |
| 24 Month CD | 4.00% |
| 36 Month CD | 3.60% |
| 48 Month CD | 3.60% |
| 60 Month CD | 3.75% |
- Available nationwide
- Minimum for APY: $1
- Maximum for APY:
READ MORE: COMPARE WITH THE NATION’S BEST CD RATES
Account Features
- With a CD, you choose your term for a locked-in rate with a guaranteed return.
- Your interest compounds daily and is deposited in your account monthly until maturity.
- You can withdraw before your terms are over (the maturity date), but that withdrawal will be subject to penalties.
- No minimums, no monthly fees
- Each depositor is insured to at least $250,000; Member FDIC
- Backed by the service & reliability of American Express
Compare With Other CD Rate Promotions
- Best CD Rates For May 2025 (Available Online Nationwide) - Discover the highest returns on your savings with our comprehensive guide to the best CD rates from top banks and credit unions. Uncover why online…
- Barclays Bank Best CD Account Offers (Available Nationwide) – May 2025 - Barclays' Certificates of Deposit (CDs) stand out for their high yields and flexibility, catering especially to savers with long-term goals. The absence of a minimum…
- Rising Bank Best CD Account Rates: Earn Up To 4.40% APY (Ended) - Offer Ended. We are no longer tracking this offer. Finding a reliable and lucrative haven for your savings is more crucial than ever. Rising Bank,…
- Earn Up To 3.50% APY: CIT Bank’s Best Certificate of Deposit Account Offers (Available Nationwide) - Unlock Your Savings Potential with CIT Bank's CD Accounts - Daily Compounding Interest, No Fees, FDIC Insured, & More. Update 12/1/2024: The offer remains highly…
- Quontic Bank’s Best CD Account Offers: Up To 4.25% (Available Nationwide) - Ready for a guaranteed return on your savings? Open a Quontic Bank CD in just 3 minutes and watch your money grow with top rates…
My Take on the AmEx CD Account Offer
The American Express Savings CD accounts offer an enticing blend of flexibility, accessibility, and competitive rates that can serve as a cornerstone for both new and seasoned savers looking to bolster their financial security. The absence of fees and minimum deposit requirements, coupled with the ability to choose from a range of term lengths, makes this an appealing option for anyone aiming to maximize their savings growth with minimal hassle.
See more from American Express Savings:
- AmEx High Yield Savings Bonus: 3.70% Annual Percentage Yield (APY) – As Of 4/22/25 (Nationwide)
- American Express High Yield Savings $350 Bonus (Targeted) – Ended
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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