American Express Bank, FSB

P.O. Box 30384
UT 84184

Deposit Rates APY Vs.Others
Savings 1.15% 1.55% →
1-Year CD 0.40% 1.35% →
2-Year CD 0.70% 1.45% →
3-Year CD 0.80% 1.40% →
4-Year CD 0.90% 1.55% →
5-Year CD 1.10% 1.60% →

2020 Overview

General Online Bank Information

Money that you deposit is held by American Express Bank, FSB.. American Express Bank, FSB. is an FDIC insured institution founded in 2000. It has approximately $55.00 billion in assets.

Deposits FDIC Insured Yes
Insured Bank American Express Bank, FSB.
FDIC Certificate # 35328
Date Established 2000
Assets $51.88 billion
Loans $42.11 billion
Deposits $45.8 billion
Capital $6.07 billion

For a more detailed analysis of American Express Bank, FSB.'s financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - June 5, 2020

Online Savings and Money Market Rates
Online Savings and Money Market Rates APY MIN MAX
High Yield Savings Account by American Express
1.15% $0 - Learn More
Online CD Rates
Online CD Rates APY MIN MAX
6 Month CD
0.30% $0 $250,000 Learn More
One Year CD
0.40% $0 $250,000 Learn More
18 Month CD
0.50% $0 $250,000 Learn More
24 Mo CD
0.70% $0 $250,000 Learn More
36 Mo CD
0.80% $0 $250,000 Learn More
48 Mo CD
0.90% $0 $250,000 Learn More
60 Mo CD
1.10% $0 $250,000 Learn More

Bank Offers

American Express Personal Savings Rate Lowered to 1.60% APY
Apr 3, 2020

Amex has lowered its Personal Savings rate by 10 basis points to 1.60% APY.   The rate remains very competitive and has held up better than the online rates of many of Amex's competitors.


American Express Personal Savings Rate Lowered to 1.30% APY
May 14, 2020

Amex Lowered its online savings rate from 1.50% APY to 1.30% APY this morning.


American Express Personal Savings Rate Lowered to 1.15% APY
Jun 4, 2020

Amex has lowered the rate on its Personal Savings account.




Customer Reviews for American Express Bank, FSB (8)


  • September 05, 2019 |

    I was very impressed with American express national bamk when I opened my first account with them.
    the representative who helped me open the account was knowledgable besides being efficient and courteous.
    these qualities are often difficult to find in todays banking employees.

  • May 24, 2017 | | Replies 2

    Online CDs 12 Month Rates

    Not such great CD rates from a company that has completely lost its edge.

    Fred | Jun 05, 2020

    I am in complete agreement with Jody.

    Jody | Jun 05, 2020

    I really don't care whether it has lost its edge. I will take a couple pennies less from a bank that is well recognized and provides outstanding customer service any day.

  • January 27, 2017 |

    Online Savings Rates

    I have been a customer since I first saw this bank advertised on this site in 2009. The rate is a little lower, but the service has always been excellent and very respectful. Nothing short of what you expect from Amex. Plus, I can now link the account to my credit card profile which is helpful.

  • October 29, 2016

    Online Savings Rates

    The good service makes it a keeper despite a savings rate which is no longer so great and no way to increase it by rolling short term CDs (like with Sallie Mae).

  • August 19, 2016 |

    Online Savings Rates

    Rate isn't the best, but service is second to none.

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