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American Express® High Yield Savings Account
By: Conor Keenan Last updated October 06, 2025
Conor Keenan, co-founder of CompareAccounts, is a notable personal finance expert with work seen in Wall Street Journal | Associated Press | Reuters | 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)
3.50% APY
APY as of October 06, 2025
On American Express® National Bank's
Secure Site, Member FDIC
Best For: High Yield Savings + Award-Winning Service
Earn a competitive 3.50% Annual Percentage Yield (APY) as of October 06, 2025 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 requirements, 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.
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.
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 3.50% Annual Percentage Yield (APY). APY as of October 06, 2025. 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: 3.50% APY as of October 06, 2025
APY
3.50%
Annual Percentage Yield (APY)
- High Yield Savings Account
- Min. to Earn APY: $0
- Min. to Open: $0
- 3.50% APY
- APY as of October 06, 2025
- 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
On American Express National Bank's Secure Site, Member FDIC
Customers Also Viewed These High Yield Savings Accounts:
3.66% APY
On Raisin's Secure Site for
RBMAX, FDIC Insured
Best For: High APY Rates
RBMAX, Republic Bank's digital banking service, offers a high yield savings account with 3.66% APY exclusively through the Raisin Platform.
Raisin is a SOC 2 certified platform, meaning it has been validated by outside auditors across five (5) key information security principles.
Customer service is located in New York, NY and is available via email and phone. You'll have online access to your funds 24/7.
In addition to this high APY, RBMAX offers $0 monthly maintenance fees, unlimited withdrawals, and is insured by the FDIC for up to $250,000 per depositor.
Republic Bank was founded in 1982, was recently announced as one of America's best online lenders by Newsweek & now has over $6 billion in assets.
See Raisin's Secure Site for RBMAX For More Details.
To recap our recommendations.
Best Savings Accounts According To CompareAccounts™
American Express® High Yield Savings Account: 3.50% APY as of October 06, 2025
Discover® Bank Online Savings Account: 3.40% APY - Earn up to $200 with Promo Code: CA325
RBMAX High Yield Savings Account: 3.66% APY
*National Savings Rate Average as published by FDIC