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Earn more interest than your average Savings with a High Yield Savings Account.**

When you open an American Express® Savings High Yield Savings Account (HYSA), you're helping to grow your own money at a rate higher than the national rate.

According to NerdWallet, our High Yield Savings Account ranks among the best with our combination of above-average rates and consumer-friendly features.

Amex Savings benefits

If you want easy access to your money at a high interest rate, then a High Yield Saving Account could be a great fit for you. And American Express offers much more than just a great rate.

No minimums, no monthly fees

24/7 superior customer service

Easy access to your money, round-the-clock

FDIC insured

Backed by the service & reliability of American Express

At American Express, the customer always comes first.

Simple transfers and auto-deposits

Managing your account online is seamless with American Express.

Compounding daily, depositing monthly

Your interest compounds daily and is deposited in your account monthly.

Monthly statements, your way

Digital statements are the online way, but we’re happy to mail your statements if you prefer.

Adjust the savings calculator to see your money’s potential.





No minimum required


5 Years

Monthly Deposit


Weekly Deposit


Start banking quickly.


Transferring money between your Savings account and your external bank account is easy to set up and complete online. So you start saving fast.


  1. Open an Account in minutes. To verify your identification, we’ll use your personal details to check public records – without affecting your credit. 
  2. Register your online savings account after you receive your confirmation email (within minutes of applying).
  3. Sign in and fund your new account by linking your current bank or mailing a check. Linking your external account can take up to 2 days.


See FAQs for further details about the transfer process, or contact us 24/7 with questions.

Start banking now instructions
Amex Savings IRA benefits

Strategies to Save

High yield savings accounts are a flexible and easy way to earn interest while saving money.

Hear what our savers are saying

“Coming together as a blended family in 2014, we made a home of an austere house void of a feminine touch for years and, worse, lacking necessary functionality. Our American Express Savings allow us to aggressively save in a manner that soon afforded us the opportunity to do the necessary remodeling to accommodate our instant family.”

 Amanda, GA

“As a single mother of two, savings are very important for me. I made a goal to save $10,000 by my 30th birthday as a birthday gift to myself, and decided to utilize American Express Personal Savings to meet my goal. I have a certain amount direct deposit to my personal savings account and the money just saves like magic! I highly recommend American Express personal savings to anyone looking to start saving for a long term goal.”

 Eboni, TX

“My family motivates me to save for our future. I have a family, a house, many things others have, and the ability to earn money on what I'm saving with an account like this has encouraged me to save more. I want to continue to provide a better standard of living for my family, and this account is a great place to save for that down payment.”

 Lawrence, OH

Let’s start looking ahead

Your high-interest earnings are waiting.