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American Express® High Yield Savings Account
By: Conor Keenan | Last updated: April 01, 2026
Conor Keenan, AWMA®, is the Co-Founder of CompareAccounts. An Accredited Wealth Management Advisor with over a decade of experience covering consumer banking and investing trends, his work has appeared in The Wall Street Journal, Reuters, and Yahoo Finance.
Editorial Independence: Our opinions, reviews, and recommendations are our own. Partner commissions keep our site free, but our content remains independent.
Annual Percentage Yield (APY)
3.20% APY
APY as of April 01, 2026
On American Express® National Bank's
Secure Site, Member FDIC
Best For: High Yield Savings + Award-Winning Service
Earn a competitive 3.20% Annual Percentage Yield1 (APY) as of April 01, 2026 with the American Express® High Yield Savings Account — a top-tier rate from a brand known for trust, stability, and exceptional service.
Interest compounds daily and is deposited monthly, helping your savings grow effortlessly.
Enjoy no monthly fees, no minimum balance requirements2, and 24/7 U.S.-based customer support.
Your deposits are FDIC insured up to $250,000 per depositor, offering you complete peace of mind. Terms Apply.ⓘ
Manage your savings easily through the American Express® App, where you can check balances, deposit funds, track transactions, and stay in control — anytime, anywhere.
If you're looking for a secure, reliable place to grow your savings — backed by award-winning service — the American Express® High Yield Savings Account is a clear standout.
See American Express National Bank's Secure Site For More Details.
Terms Disclosure:
1. The Annual Percentage Yield (APY) as advertised is accurate as of April 01, 2026. Interest rate and APY are subject to change at any time without notice before and after a High Yield Savings Account is opened. Interest Rate and APY of a Certificate of Deposit account is fixed once the account is funded
2. There is no minimum balance required to open your Account, to avoid being charged a fee, or to obtain the Annual Percentage Yield (APY) disclosed to you.
3. iOS and Android only. See app store listings for operating system info.
4. For purposes of transferring funds to or from an external bank, business days are Monday through Friday, excluding federal holidays. Transfers can be initiated 24/7 via the website or phone, but any transfers initiated after 7:00 PM Eastern Time or on non-business days will begin processing on the next business day. Funds deposited into your account may be subject to holds. See the Funds Availability section of your Consumer Deposit Account Agreement and Savings Schedules for more information.
Main Benefits You Get with American Express National Bank
Proven Track Record:
American Express has been helping customers for over 170 years. Founded in 1850, American Express focuses on customer relationships and believes “At American Express, the customer always comes first.”
They focus on providing excellent customer service, an incredible banking experience all while offering some of the most competitive interest rates on the market to their customers. One of the many reasons they have been serving customers for over 170 years.
Competitive APY:
American Express National Bank offers 3.20% Annual Percentage Yield (APY). APY as of April 01, 2026. This APY is substantially higher than what you’ll find at most brick-and-mortar banks and even most online banks. It’s nearly 10x higher the National Savings Rate Average* of 0.39% APY.
FDIC insured:
American Express National Bank is federally insured by the Federal Deposit Insurance Corporation. This covers you for as much as $250,000 per depositor, per institution, in the very unlikely event of a bank failure. Think of it as an insurance policy that you don’t have to pay for.
Focus on Technology:
The American Express® App is easy to use and allows you to manage your account from anywhere with an internet connection. You can view your account balance, transfer funds, and set up automatic deposits, all from the convenience of your mobile device or computer. This makes it easy to stay on top of your savings and ensure that you are making the most of your money.
Open Your New Account with American Express National Bank Now
American Express® High Yield Savings Account: 3.20% APY as of April 01, 2026
APY
3.20%
Annual Percentage Yield (APY)
- High Yield Savings Account
- Min. to Earn APY: $0
- Min. to Open2: $0
- 3.20% APY1
- APY as of April 01, 2026
- Interest Compounded Daily
- $0 Monthly Fees
- 24/7 Customer Service
- FDIC Insured up to $250,000
- Backed by the Service & Reliability of American Express
- Terms Applyⓘ
- See Site for Details
Terms Disclosure:
1. The Annual Percentage Yield (APY) as advertised is accurate as of April 01, 2026. Interest rate and APY are subject to change at any time without notice before and after a High Yield Savings Account is opened. Interest Rate and APY of a Certificate of Deposit account is fixed once the account is funded
2. There is no minimum balance required to open your Account, to avoid being charged a fee, or to obtain the Annual Percentage Yield (APY) disclosed to you.
3. iOS and Android only. See app store listings for operating system info.
4. For purposes of transferring funds to or from an external bank, business days are Monday through Friday, excluding federal holidays. Transfers can be initiated 24/7 via the website or phone, but any transfers initiated after 7:00 PM Eastern Time or on non-business days will begin processing on the next business day. Funds deposited into your account may be subject to holds. See the Funds Availability section of your Consumer Deposit Account Agreement and Savings Schedules for more information.
On American Express National Bank's Secure Site, Member FDIC
Customers Also Viewed These High Yield Savings Accounts:
To recap our recommendations.
Best Savings Accounts According To CompareAccounts™
American Express® High Yield Savings Account: 3.20% APY as of April 01, 2026
Discover® Bank Online Savings Account: 3.40% APY - Earn up to $200 with Promo Code: CA325
RBMAX High Yield Savings Account: 3.15% APY
*National Savings Rate Average as published by FDIC