High Yield Savings

Earn 10X more interest than your average savings.


How you make money

Place your money into the high yield savings account and start earning 0.50% APY. Interest on High Yield Savings Accounts is compounded daily and posted to accounts monthly.

How American Express makes money

There are no fees to use the American Express High Yield Savings Account. As a bank, American Express makes money through the interest they make on loans and other banking fees.


American Express High Yield Savings Account is FDIC insured for up to $250,000 and is backed by the service and reliability of American Express

Things to know

  • You make money onInterest
  • Payout frequencyMonthly
  • LiquidityEasy
  • Fees0%
  • Term of investmentZero
  • Open toAll Investors


  • Country availabilityUS only
  • Established1850
  • Assets under managementUnknown
  • Mobile ApplicationIOS, Android

Investment Return Calculator

Calculate your estimated return to reach your investment goals.




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Any references to past performance, regarding financial markets or otherwise, do not indicate or guarantee future results.

Forward-looking statements, including without limitations investment outcomes and projections, are hypothetical and educational in nature. The results of any hypothetical projections can and may differ from actual investment results had the strategies been deployed in actual securities accounts.

Is it Safe?

Low risk

Minimum Investment


Target Return




Why Invest

  • Your interest compounds daily
  • No minimums, no monthly fees
  • Up to 9 withdrawals/transfers per month

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Take your money further, faster. No monthly maintenance fees. Interest compounded daily.