American Express National Bank
American Express National Bank High Yield Savings Account
Amex's set-and-forget savings account for people who already trust the brand
Insurance: FDIC insured up to $250,000 through American Express National Bank
Features
- ▸No minimum balance to open, earn the APY, or avoid fees
- ▸Interest compounds daily, posts monthly
- ▸Links up to 3 external bank accounts for transfers
- ▸Same login as Amex cards for existing cardholders
- ▸CDs and a rewards checking account available under the same roof
- ▸24/7 phone support, a rarity among online banks
Pros
- +Dead-simple integration if you already manage Amex cards in the same app
- +No fees or minimums of any kind
- +Amex customer service reputation carries over to banking
Cons
- −3.10% sits at the bottom of the big-name HYSA tier
- −ACH transfers run slower than Marcus or Ally (1-3 business days)
- −No buckets, no joint sub-accounts, minimal tooling
Our Take
The Amex HYSA is fine, and fine is the whole pitch. You get a trustworthy household name, zero fees, and one fewer login if you carry Amex cards. But the rate persistently trails Marcus by a quarter point and the rate leaders by more than a full point, and transfers are on the slow side. Convenience product, not a rate play.
Best for: Amex cardholders who want savings in the same app and don't chase rates
Open at American Express National Bank →Last verified 2026-06-11
Rate this card
Be the first to rate it
Commentson American Express National Bank High Yield Savings Account
Comments are stored in your browser during our community preview. Accounts, moderation and cross-device sync arrive with Credit Compound Community.