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)

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

American Express® High Yield Savings account offers 0.40% APY with no monthly fees. Learn how to open an account today and start growing your money!

Advertisement

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

Advertisement

deal

deal

deal

deal

deal

deal

American Express® High Yield Savings account application

Find out how the application process works! Source: Facebook American Express®.
Find out how the application process works! Source: Facebook American Express®.

American Express® is known for its trustworthiness and reliability. And it is no different with American Express® High Yield Savings account.

The HYSA is FDIC insured, and you know that you can rely on American Express® services.

card

Account

High Yield Savings

No monthly fee AmEx

Earn high interest with an American Express® High Yield Savings account!

See an ad to be redirected to another website

card

Earn high interest with an American Express® High Yield Sav…

See an ad to be redirected to another website

Also, you earn 1.15% APY, which is higher than the national average rate. Plus, there are no monthly or maintenance fees.

Furthermore, you can access the Tips & Tools section for educational reasons, and there is excellent 24/7 customer support for you!

Learn how to open an account today!

Apply online

See how to apply online. Source: Pexels.
See how to apply online. Source: Pexels.

Access the American Express® website and select Savings Account.

Then, click on Open an Account. 

Note that you need to be at least 18 years old, a U.S. citizen OR a resident alien with a valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) with a home address in the U.S.

After that, click on Begin.

Fill in your personal and contact information and Tax Withholding.

Finally, read the terms and conditions, fund your account, and you are good to go!

Apply using the app

After approval, download the American Express® mobile app to manage your finances at your Savings Account.

American Express® High Yield Savings account vs. Marcus Savings Account

Both of these savings accounts charge no monthly fees and offer high-interest rates. However, the American Express® one takes more days to process deposits and withdrawals.

On the other hand, with a Marcus Savings Account, you can transfer up to $100,000 in the same day.

Check out the comparison table below to better decide which one fits your needs!

American Express® High Yield Savings Marcus Savings Account
APY1.15%
Rates & Fees
0.50%
Fees$0
Rates & Fees
$0
Perks24/7 customer serviceEducational resources
* Terms apply
You can transfer up to $100,000 in the same day
Logo Marcus by Goldman Sachs® fundo azul

How to apply for a Marcus Savings account?

Get a high APY in savings with Marcus account by Goldman Sachs®! Check out how to apply for it!

Keep Reading
card

How to apply for a Marcus Savings account?

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

Trending Topics

content

Hilton Honors Business Card full review: fantastic reward rates

Read this Hilton Honors Business Card review to see if this card can be your ally when it comes to managing your business in a better way!

Keep Reading
content

How to join Cash Magnet app?

The Cash Magnet app offers rewards as points for you to redeem for cash or gifts. Learn how to sign up today and enjoy its perks!

Keep Reading
content

How to apply for DCU Personal Loans?

This is your chance to get a loan at a low cost. Check out how to apply for DCU Personal Loans and enjoy its affordability and flexibility.

Keep Reading

You may also like

content

Axos High Yield Savings Account review: is it good?

Read our Axos High Yield Savings Account review to see if it’s a good fit for your financial needs. This online savings account has competitive interest rates, no monthly maintenance fees, and much more!

Keep Reading
content

American Express Centurion or American Express Platinum card: choose the best!

American Express has two options for travel cards. The American Express Centurion is the top ultra-exclusive black card. On the other hand, one of the most reliable credit cards is the American Express Platinum. This article is a full review comparing both travel credit cards by Amex!

Keep Reading
content

First Progress Platinum Prestige Mastercard® Secured Credit Card application: how does it work?

If you need a credit card with benefits and for those with bad credit, check out our post to learn about the First Progress Platinum Prestige Mastercard® Secured Credit Card application!

Keep Reading
card

See an ad to be redirected to another website

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