The Mister Finance
US CA Credit Cards (US) Loans (US) Reviews (US) Investing (US)
pesquisar
Search →
US →
CA →
Credit Cards (US) →
Loans (US) →
Reviews (US) →
Investing (US) →

Advertiser Disclosure

We are an independent, objective, advertising-supported content publisher website. In order to support our ability to provide free content to our users, the recommendations that appear on our site might be from companies from which we receive affiliate compensation. Such compensation may impact how, where and in which order offers appear on our site. Other factors such as our own proprietary algorithms and first party data may also affect how and where products/offers are placed. We do not include all currently available financial or credit offers in the market in our website.

Account (US)

American Express® High Yield Savings account full review

Grow your money at a higher rate than the national rate. Then, learn all about it in this American Express® High Yield Savings account review post!

by Aline Augusto

01/10/2022 | Updated on 07/22/2022

Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

Partner Offer through CreditCards.com

You will be redirected to another website

What are you looking for today?

Search →

Top Searches

American Express® High Yield Savings account: 0.40% APY! 

Read the American Express® High Yield Savings account full review! Source: American Express®.
Read the American Express® High Yield Savings account full review! Source: American Express®.

American Express® features an account with a 1.15% APY, and you’ll learn all about it in this American Express® High Yield Savings account review!

Logo American Express fundo azul e branco

How to get American Express® High Yield Savings

Learn how to open an American Express® High Yield Savings account today and start growing your money!

Keep Reading
card

How to get American Express® High Yield Savings

You will remain in the same website

APY1.15%
Rates & Fees
Fees$0
Rates & Fees
Perks24/7 customer service
Educational resources
* Terms apply

But it is not only that. By applying for it, you pay no monthly fees, there are no minimums, and you get access to excellent 24/7 customer service.

It is FDIC insured, and you feel peace of mind knowing that you can rely on American Express’s trustworthiness. 

Plus, you get access to tools and resources to enhance your strategies for saving.

You will be redirected to another website

How does the American Express® High Yield Savings account work?

If you are searching for a savings account with no minimum required and no fees, you may have just found one.

American Express® offers an account with a higher rate than the national average rate. Also, there are no monthly fees at all, and no minimum balance is required.

And you get some perks, such as 24/7 customer support, a Tips & Tools section where you can get educational resources on how to grow and save money.

The high interest is compounded daily and posted to accounts monthly. And the online and telephone withdrawals or debits are limited to nine per monthly statement cycle.

Furthermore, it is FDIC insured, and you certainly will know the reliability that American Express® delivers. 

You will be redirected to another website

What are you looking for today?

Search →

Top Searches

deal

deal

deal

deal

deal

deal

You will be redirected to another website

American Express® High Yield Savings account benefits

See what are the benefits of the American Express® High Yield Savings account. Source: Unsplash.
See what are the benefits of the American Express® High Yield Savings account. Source: Unsplash.

First of all, there is no minimum balance required, and there are no monthly fees so that you can get a high APY on your savings without costs to zero the interest earned.

Second of all, you get excellent 24/7 customer support and educational resources so you can save and grow your money with confidence.

On the other hand, it can improve ATM access since it doesn’t feature an ATM card.

Also, it could improve the processing time of deposits and withdrawals.

Plus, it doesn’t feature an option to add a checking account.

Pros

  • You can earn 0.40% APY, which is higher than the national average rate;
  • There are no monthly or maintenance fees;
  • You get outstanding 24/7 customer service;
  • You can access the Tips & Tools section for educational reasons. 

Pre-approved credit cards for low credit score available now

We analyzed your profile and found some offers that you can apply for today.

You will be redirected to another website

Cons

  • It doesn’t feature an ATM card so that you can withdraw funds from ATMs;
  • It takes some days to process deposits and withdrawals.

How good does your credit score need to be?

Unfortunately, we weren’t able to check this information. However, you can pre-qualify without harming your credit.

How to apply for an American Express® High Yield Savings account?

If you want to start the New Year saving and growing your money at a higher rate without paying any fees, an American Express® High Yield Savings account might be an option for you! Learn how to open it!

Logo American Express fundo azul e branco

How to get an American Express® High Yield Savings

Learn how to open an American Express® High Yield Savings account today and start growing your money!

Keep Reading
card

How to get an American Express® High Yield Savings

You will remain in the same website

Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

Partner Offer through CreditCards.com

About the author

Aline Augusto

My name is Aline Mesquita; I'm a writer here on the blog, where I write about finance in general and other subjects. I have been working with content creation for ten years. Also, I'm post-graduated in Project Management, with expertise in SEO practices. Currently, I am studying finance, market trends, and cryptocurrencies.

Reviewed by

Aline Barbosa

Senior Editor

card

You will be redirected to another website

ecommerce

You will be redirected to another website

ecommerce

You will be redirected to another website

ecommerce

You will be redirected to another website

Trending Topics

content

Mercury Credit Card overview

Check out this Mercury Credit Card overview to learn how you can regain your purchasing power while building a solid credit score!

Keep Reading
content

How to apply for the BayFirst Loans?

Check out how to apply for BayFirst Loans and learn how to get the money you want or need, no matter the purpose you must achieve.

Keep Reading
content

How to apply for the Mastercard® Luxury Black credit card?

The Mastercard® Luxury Black credit card is the right secured card for your travelings and shopping. Learn how to apply for it now!

Keep Reading

You may also like

content

How to buy cheap flights on SkyScanner

Learn how to buy cheap flights with these easy hints on Skyscanner. Prices starting at $29.99! Keep reading and learn more!

Keep Reading
content

SoFi Mortgage review: how does it work and is it good?

Keep reading if you're looking for a mortgage broker that provides personalized service at competitive rates. We'll discuss the pros and cons of choosing SoFi mortgage over other lenders.

Keep Reading
content

First Citizens Bank Secured Cash Back Credit Card review

Boost your score and earn unlimited cash back. Find out more in this First Citizens Bank Secured Cash Back Credit Card review!

Keep Reading
Follow us

Disclaimer

Under no circumstance we will require you to pay in order to release any type of product, including credit cards, loans or any other offer. If this happens, please contact us immediately. Always read the terms and conditions of the service provider you are reaching out to. We make money from advertising and referrals for some but not all products displayed in this website. Everything published here is based on quantitative and qualitative research, and our team strives to be as fair as possible when comparing competing options.

Advertiser Disclosure

We are an independent, objective, advertising-supported content publisher website. In order to support our ability to provide free content to our users, the recommendations that appear on our site might be from companies from which we receive affiliate compensation. Such compensation may impact how, where and in which order offers appear on our site. Other factors such as our own proprietary algorithms and first party data may also affect how and where products/offers are placed. We do not include all currently available financial or credit offers in the market in our website.

Editorial Note

Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved, or otherwise endorsed by any of the entities included within the post. That said, the compensation we receive from our affiliate partners does not influence the recommendations or advice our team of writers provides in our articles or otherwise impact any of the content on this website. While we work hard to provide accurate and up to date information that we believe our users will find relevant, we cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof.

The Mister Finance

Privacy /  Terms /  About /  Contact

Privacy Terms About Contact

© 2023 PubTech OÜ

Registry Code: 16149425

All Rights Reserved

Proudly based in Estonia