†Terms & Conditions
Annual Percentage Yield (APY)
The Annual Percentage Yield (APY) as advertised is accurate as of
. APY is subject to change at any time without notice before and after a Rewards Checking Account is opened. Please see the Rewards Checking Account Terms for additional terms and Truth-in-Savings disclosures. Transaction fees may reduce APY. APY rate compared to national deposit rate from the FDIC’s published Monthly Rate Information for Interest Checking deposit products. FDIC national rate is calculated as the simple average of interest rates paid by US FDIC-insured depository institutions and branches for which data is available. This national deposit rate reflects APY paid on a variety of interest-bearing checking accounts with terms, services and limitations that may differ. See the FDIC Website for details.
American Express® App
iOS and Android only. See app store listings for operating system info.
At MoneyPass® locations in the U.S., you can withdraw cash and get account information at no charge. Access to ATMs outside of the MoneyPass® network are subject to fees by the ATM owner and/or network. ATM withdrawal limits apply. American Express applies foreign exchange fees to withdrawals in foreign currencies. Visit americanexpress.com for Terms and Conditions and to find participating ATMs in the U.S.
Contactless payments are accepted at participating merchants only.
Digital wallets are Apple Pay® and Google Pay™.
Membership Rewards® Program for Checking and Debit
When you open an American Express® Rewards Checking Account, you will also receive a Membership Rewards® Account, in which you will earn one Membership Rewards point for every two dollars of eligible Debit Card purchases. Eligible purchases are purchases for goods and services minus returns and other credits. For more information on eligible purchases, visit membershiprewards.com/terms. Currently, you can only redeem Membership Rewards points for a deposit into your checking account. However, if you also have a Rewards Account in connection with a Card Account, your Rewards Accounts can be linked and you will have access to all redemption options offered with that Card Account. For more information, visit membershiprewards.com/terms.
Membership Rewards® Program - Redeem for Deposits
You may redeem Membership Rewards® points for deposits into your American Express® Rewards Checking Account. To learn more about the redemption value for Redeem for Deposits, go to membershiprewards.com/pointsinfo. American Express will deduct the number of points you select from your Membership Rewards Account and deposit a corresponding dollar amount into your checking account. Generally, deposits will post to your account within 48 hours of redemption. For more information, visit membershiprewards.com/terms.
Membership Rewards® Program
Terms and Conditions for the Membership Rewards® program apply. Visit membershiprewards.com/terms for more information. Participating partners and available rewards are subject to change without notice. The value of Membership Rewards® points varies according to how you choose to use them. To learn more, go to www.membershiprewards.com/pointsinfo.
Mobile Check Deposit
Mobile Check Deposit is subject to deposit limits and other restrictions, which may change in the future. Please see the Rewards Checking Account Terms (www.americanexpress.com/rewardscheckingterms) for details and for information about when funds deposited through Mobile Check Deposit are made available. Mobile data rates may apply.
No Monthly Account Fees and No Minimum Balance Requirements
No minimum balance is required to open an account or earn interest and no minimum balance fees are charged for Rewards Checking Accounts. Inactive and/or unfunded accounts may be subject to closure. Please see the Rewards Checking Account Terms for further details.
Purchase Protection is underwritten by AMEX Assurance Company, Phoenix, AZ. Subject to additional terms, conditions and exclusions. For Terms and Conditions, see americanexpress.com/PPterms. If You have questions please call Us at 1-800-228-6855, if international, collect at 1-303-273-6498
Zero Liability Fraud Protection
Zero Liability Fraud Protection does not include unauthorized charges made by users who you allow to use your Debit Card. You are responsible for notifying American Express promptly upon learning of an unauthorized transaction against your accounts or the loss or theft of your Debit Card or Debit Card number. Limitations apply. See the Rewards Checking Account Terms. Learn how we secure your payments at the American Express Security Center website.