LIVE
30Y FIXED6.85%↑ 0.02·15Y FIXED6.12%↓ 0.01·REFI 30Y6.78%↑ 0.01·HELOC9.20%0.00·JUMBO 30Y7.05%↑ 0.03·HYSA TOP4.85%↓ 0.05·12M CD5.10%0.00·24M CD4.85%↓ 0.02·5Y CD4.40%↑ 0.01·MMA TOP4.65%0.00·AUTO 60M NEW7.10%↓ 0.02·AUTO 60M USED8.45%↑ 0.04·PERSONAL EXC.8.20%0.00·10Y TREASURY4.32%↑ 0.01·30Y FIXED6.85%↑ 0.02·15Y FIXED6.12%↓ 0.01·REFI 30Y6.78%↑ 0.01·HELOC9.20%0.00·JUMBO 30Y7.05%↑ 0.03·HYSA TOP4.85%↓ 0.05·12M CD5.10%0.00·24M CD4.85%↓ 0.02·5Y CD4.40%↑ 0.01·MMA TOP4.65%0.00·AUTO 60M NEW7.10%↓ 0.02·AUTO 60M USED8.45%↑ 0.04·PERSONAL EXC.8.20%0.00·10Y TREASURY4.32%↑ 0.01·
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Savings account review

American Express Personal Savings Review (2026)

American Express National Bank earned 4.0 / 5 in our 2026 review. Best for: amex cardholders wanting integrated savings. Here is the full breakdown.

By the Fintiex Rate Desk · Updated 2026-05-02
Open at American Express National Bank Compare all 8 accounts
TL;DR
APY
3.85%
Min to open
$0
Monthly fee
$0
FDIC
Insured
Mobile app
4.5 / 5
Min balance
None
Withdrawal limit
None enforced
Fintiex rating
4.0 / 5
Pros
  • +Trusted American Express brand
  • +Integrates with your existing Amex account login
  • +No fees, no minimums
  • +FDIC insured up to $250K
  • +Easy setup for existing Amex customers
Cons
  • -3.85% APY is the lowest on this list
  • -No ATM card
  • -Savings account only, no checking
  • -Rate historically lags other online banks
Best for

American Express Personal Savings is the right pick if you prioritize amex cardholders wanting integrated savings. If that does not match what you need, compare against the other 7 picks on the savings accounts hub.

Rate history

Today
3.85%
30 days ago
3.85%
90 days ago
3.80%
1 year ago
3.45%

Rate history is approximate and reflects the broader market trend for top online savings accounts. American Express National Bank adjusts its APY in response to Federal Reserve policy decisions, typically within 1 to 4 weeks of a Fed move. We refresh this section weekly.

How to open a American Express National Bank account

Opening American Express Personal Savings takes about 10 minutes online. You will need a Social Security number, a valid US address, and a funding source (an existing bank account login, debit card, or check by mail). The account is usually approved instantly, and your first ACH transfer typically clears in 1 to 3 business days.

  • Visit the American Express National Bank savings page
  • Enter your name, address, and Social Security number
  • Fund the account (no minimum)
  • Set up two-factor authentication and confirm your email
  • Start earning 3.85% APY the next business day
Open at American Express National Bank View American Express National Bank fee schedule

Frequently asked questions

Is American Express Personal Savings FDIC insured?
Yes. American Express National Bank is a member of the FDIC, which insures deposits up to $250,000 per depositor, per bank, per ownership category. If the bank fails, the federal government guarantees your money up to that limit. You can verify FDIC membership at fdic.gov/bankfind.
What APY does American Express Personal Savings pay right now?
American Express Personal Savings pays 3.85% APY as of our last update on 2026-05-02. APY is variable and can change at any time as the Federal Reserve adjusts rates. Banks usually move their APY within 1 to 4 weeks of a Fed rate change.
Are there any monthly fees on American Express Personal Savings?
No. American Express Personal Savings has no monthly maintenance fee. There is also no minimum balance requirement to avoid a fee.
What is the minimum to open American Express Personal Savings?
American Express Personal Savings has no minimum opening deposit. You can open the account and fund it later.
How do I open a American Express Personal Savings account?
You can open American Express Personal Savings online in about 10 minutes. You will need a Social Security number, a valid US address, and a funding source (an existing bank account or a debit card). The account is usually approved instantly. Funds typically arrive 1 to 3 business days after the first ACH transfer settles.
Can I withdraw money from American Express Personal Savings anytime?
Yes. Unlike a CD, American Express Personal Savings is a liquid savings account. You can transfer money out at any time via ACH, wire, or (if supported) ATM. Federal Regulation D withdrawal limits were lifted in 2020, but some banks still cap free monthly withdrawals at 6.

Ready to open American Express Personal Savings?

Takes about 10 minutes. 3.85% APY, FDIC insured.

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