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American Express High Yield Savings Account at 1.30 percent APY

Posted by: RateAPY Bank Rates News
November 10th, 2010

Saving money for a specific goal or for an emergency fund can be accomplished in a variety of ways, but one of the simplest is to have a fixed amount transferred from each paycheck into a savings account. After establishing a regular savings pattern, the next step to increasing your savings faster is to find a savings account that earns a high interest rate.

American Express Bank offers several online accounts that are available to anyone holding an American Express card or not.

The American Express High Yield Savings Account, which earns 1.30 percent APY as of 11/10/10, is an FDIC-insured account. This savings account has no fees and no minimum balance requirements. Account holders can access their funds online or by phone and can link up to three external accounts to make transferring funds easier. Customers are limited to six withdrawals per month.

Compare savings account yields and terms online to find the best return on your money.

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