SuperMoney 

American Express® Personal Savings Account

in Savings Accounts from American Express National Bank

Claimed Visit Site

American Express® Personal Savings Account

Claimed

in Savings Accounts from American Express National Bank

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend American Express® Personal Savings Account to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
APY 2.1%
APY Minimum Balance $1
Monthly Fee $0

American Express® Personal Savings Account Review

Where does American Express® Personal Savings Account do business?

American Express National Bank is based in New York, NY. It was founded in 1850 and offers savings accounts in 50 states (and Washington, DC).

American Express® Personal Savings Account is a member of the Federal Deposit Insurance Corporation (FDIC). The FDIC insures deposits in checking accounts, savings accounts, certificates of deposit (CDs), and money market accounts up to $250,000 per depositor if a member institution fails.

What APY does American Express National Bank offer?

American Express® Personal Savings Account offers an APY of 2.1% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.

What features and perks does American Express® Personal Savings Account offer?

This account includes the following features:

  • Automatic savings - Set up an automatic transfer from your checking account to a savings account and you'll never have to second-guess your saving decisions again.
  • Fraud monitoring - American Express® Personal Savings Account monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.

What fees does American Express® Personal Savings Account charge?

American Express® Personal Savings Account does not charge a monthly maintenance fee. See the fee breakdown section below to view all fees.

AMERICAN EXPRESS® PERSONAL SAVINGS ACCOUNT Disclosure: This review was prepared by SuperMoney in their personal capacity. The opinions expressed in this review are the author’s/company’s own and do not reflect the view of American Express National Bank nor American Express Company.
SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

APY Minimum Balance $1
Minimum Initial Deposit $0
Minimum Direct Deposit to Avoid Monthly Fee $0
Minimum Balance to Avoid Monthly Fee $0
Monthly Fee $0
Paper Statement Fee $0
Early Account Closure $0
Returned Deposit Fee (Domestic) $0
Wire Transfer Fee - Domestic (Outgoing) $0
Wire Transfer Fee - International (Outgoing) $0
Wire Transfer Fee - International (Incoming) $0
Wire Transfer Fee - Domestic (Incoming) $0
Bauer Financial A+/A Rating  
Bank Account Features
  • Automatic Savings
  • Bauer Financial A+/A Rating
  • Fraud Monitoring
  • Interest Bearing Account
  • No Monthly Maintenance Fee
APY 2.1%

American Express® Personal Savings Account Community Reviews

 
 

Would you recommend American Express® Personal Savings Account to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)