How can I reduce my risk online?
At American Express we work hard to protect you from fraud, but your active involvement plays a very important role. Here are some simple and important steps you can take to help reduce your risk:
MONITOR YOUR ACCOUNT ACTIVITY ONLINE
Accessing your account online is a great way to stay up to date on recent transfers and to monitor your account for irregular activity. Sign on at least once a week and review your account information. Always remember to log off from your online session when you are done. This will help prevent anyone using that computer from accessing your information. Haven’t set up Online Account Access? Go to personalsavings.americanexpress.com/onlinebanking.
SET UP ACCOUNT ALERTS
Sign up for email account alerts and stay up to date with your account activity. Log into the Personal Savings website and click on 'Manage Your Alerts' within the 'Alerts' tab.
REVIEW YOUR CREDIT REPORTS REGULARLY
Make sure to regularly review your Credit Report for any inaccurate information or for transactions you did not authorize.
CREATE UNIQUE PASSWORDS AND PERSONAL IDENTIFICATION NUMBERS
When you create your User ID, password, or personal identification number, avoid using easy-to-find information such as your date of birth or the last four digits of your Social Security Number. Make your password harder to guess. Consider using a combination of upper and lower case letters, along with numbers and special characters. Be sure to use different passwords across all your banking, email, and social media accounts. Consider updating all of your passwords regularly.
ALWAYS CHECK THE LAST LOGIN DATE AND TIME THAT WE DISPLAY WHEN LOGGED IN
Every time you sign in to your Personal Savings account, we will display the date and time of your last visit. If the last sign-on date and time does not look familiar to you, your online account access may have been compromised. Please contact us immediately at 1-800-446-6307.
BOOKMARK THE WEBSITES YOU VISIT MOST OFTEN IN YOUR FAVORITES
Get in the habit of using your favorites to navigate to the sites you use to perform financial transactions. This can help you safeguard against phishing scams.
SET UP "REMEMBER ME" ON WEBSITES YOU VISIT REGULARLY
Allow the Personal Savings website to remember your User Name on your personal computer, so that your User Name is automatically entered into the Log In box with every visit. This will help confirm you are on the genuine Personal Savings website. A fraudulent site will not know your User Name.
Note: Never use the 'Remember Me' functionality on a public or shared computer. Take care when creating a unique password to access your account – and safeguard that password.
DO NOT ALLOW BROWSERS TO REMEMBER YOUR PASSWORD
If you allow a browser to remember your password, then someone else accessing your computer, phone, or mobile device may be able to learn your password and use it to defraud you.
Help reduce the risk of mail fraud by switching to Paperless Statements. Log in to the Personal Savings website and change your statement delivery method on the 'My Information' page within the 'My Profile' tab.
SECURE YOUR PERSONAL INFORMATION
Keep your sensitive personal information – your bank, mortgage and credit card statements, your Social Security cards and other identity documents, your passwords and other access information – in a safe place. Do this both at home and at work. Make sure this information is accessible to only you. Before discarding, make sure to shred documents which contain personal information about you.
Before you disclose any personal information – verbally, or in a document, or online – make sure you know why it is required and how it will be used. Do not give out your Social Security Number to people or companies you do not know. Be careful of over-sharing personal information on social networks. Avoid creating a trail of information which thieves can follow and use.
More About Personal Savings
*The Annual Percentage Yield (APY) as advertised is accurate as of . Interest rate and APY are subject to change at any time without notice before and after a High Yield Savings Account is opened.
For a CD account, rates are subject to change at any time without notice before the account is opened. Your rate will be fixed on the business day‡ we receive your completed application, provided we receive your deposit within 30 days after your application is approved. After a CD is opened, additional deposits to the account are not permitted. Early CD withdrawals may be subject to significant penalties which could cause you to lose some of your principal. Please see the Deposit Account Agreement for additional terms and conditions and Truth-in-Savings disclosures.
**The national average APY referenced is published in the FDIC's Weekly National Rates and Rate Caps; average rate used is for savings deposits under $100,000. Visit the FDIC website for details.
†You are generally permitted to make up to nine (9) withdrawals or transfers out of your High Yield Savings Account during a monthly statement cycle. However, please note that there are strict rules for withdrawing money from an IRA plan (including an IRA High Yield Savings Account) before retirement age without incurring a penalty. Read More in FAQs.
‡For purposes of transferring funds, business days are Monday through Friday, excluding holidays. Transfers can be initiated 24/7 via the website or phone, but any transfers initiated after 7:00 PM Eastern Time or on non-business days will begin to be processed on the next business day.
♢Calculations are estimates of expected interest earned. Actual results may vary, based on various factors such as leap years, timing of deposits, rounding, and variation in interest rates. The first recurring deposit is assumed to begin in the second period after any initial deposit.
§IRA Contributions are subject to aggregate annual limits across all IRA plans held at American Express or other institutions. IRA distributions may be taxed and subject to penalties based on IRS guidelines. Required minimum distribution, if applicable, is only relevant to this IRA plan and does not take into consideration other IRA plans held at American Express or other institutions. Please see IRS.gov for more information. We recommend you consult with a financial or tax advisor when making contributions to and distributions from an IRA plan account.