American Express Bank, FSB. Articles

We all know that savings account rates have been on a path to nowhere over the last three years since the start of the global financial crisis. Back in 2007, savings rates were as high as 6% but now the average is closer to .50% APY. But with a little bit of research, you can still find savings accounts at 1% APY and above - some even higher than 1.50% APY.

The credit card giant now offers a 1.00% online savings account, with no fees and no minimum deposit. They also offer no-minimum deposit CDs.