Update: is now paying .
Banks across the board have been lowering their savings rates, but has been holding their rates high for longer periods of time.
From March 2010 to March 2011 American Express kept their savings account rate firm at 1.30%. In March 2011, they finally adjusted their rate down by 0.15% to .
American Express currently offers a high yield savings account/money market account that pays . This is a competitive rate for the current interest rate environment.
Benefits of the :
- FDIC insured: Savings, CD and money market accounts by American Express are FDIC-insured up to $250,000 per account.
- 24/7 customer service: AMEX offers service by phone at: 1-800-446-6307 or by tweet at: http://twitter.com/AskAmex or by the Message Center found logged into your online account
- Secure Online Account Management
- Well Known and Trusted Bank
- Rated 3.5 Stars by Bauer Financial (Good)
- No fees: No fees or minimum balance requirements apply to the American Express Savings Account.
If you are interested in or compare today’s best money market account rates first.
Profile:
American Express Bank, FSB was established with a Savings Association charter on December 1, 2000 and is regulated by the Office of Thrift Supervision.
FDIC Certificate #: 35328
Mailing Address (there are no physical banking branches):
American Express Bank, FSB
P.O. Box 30384
Salt Lake City, Utah 84130
Visit the .
