American Express Bank, Fsb:
Online Certificate of Deposit - 3.50% APY
• No minimums, no monthly fees.
• 24/7 superior customer service.
• Compounding daily, depositing monthly.
• Maximum of nine (9) transfers or withdrawals per statement cycle. There is no limit on the number of deposits can be made.
Fee and Feature Guide
| Certificate of Deposit | |
|---|---|
| Interest Rate | |
| APY | 3.50% |
| Term Length | 24 Month |
| Minimum deposit amount | $0.00 |
| Maximum deposit amount | $250,000.00 |
| Balance Requirements | |
| Minimum Opening Deposit | $0.00 |
| Minimum Balance to Avoid Fees | $0.00 |
| Minimum Required Balance | $0.00 |
| Minimum To Earn | $0.00 |
| Fees | |
| Early withdrawal penalty | 270 days interest |
| Monthly Maintenance Fee | N/A |
| Foreign ATM Fees | N/A |
| Insufficient Funds Fee | N/A |
| Incoming Wires | N/A |
| Statements | |
| Paper Statements | Yes |
| Online Statements | Yes |
| Online and Telephone Banking | |
| Online Banking | Yes |
| Telephone Banking | Yes |
| Mobile Banking | Yes |
| Deposit Checks with Mobile Device | Yes |
| Free Bill Pay | Yes |
| Online Bill Payments Required | Yes |
| Account Opening | |
| Open Online | Yes |
| Insured by | F.D.I.C. |
Recent Rate Changes
| Date | APY |
|---|---|
| October 3, 2024 | 3.50% |
| April 22, 2024 | 4.00% |
| November 27, 2023 | 4.75% |
Customer Reviews for American Express Bank, FSB (11)
Chris
August 31, 2022
never had a problem moving money in/out. After trying a couple banks with higher rates but less service will be moving my money back here.
Is this review helpful? Yes:2 / No: 0
Rebecca01
August 3, 2020 | | Replies 1
There is a lot to like about this account. American Express is a real organization and you are not playing with a bunch of amateurs like with a lot of these banks. However, they will be sure to lower the rate when others do. And, if you ever need to call for support (transfers, etc.) you can be sure that their call center reps will do everything possible to not be helpful (some of my experience may be due to the pandemic).
Is this review helpful? Yes:5 / No: 1
Jason | Nov 19, 2021
Real organization and all of that, but they lowered their rate to 0.40% last year and it has been stuck there. Not nice.
deedale
September 5, 2019 |
I was very impressed with American express national bamk when I opened my first account with them.
the representative who helped me open the account was knowledgable besides being efficient and courteous.
these qualities are often difficult to find in todays banking employees.
Is this review helpful? Yes:4 / No: 0
Marc P. R.
May 24, 2017 | | Replies 2
Not such great CD rates from a company that has completely lost its edge.
Is this review helpful? Yes:6 / No: 0
Fred | May 24, 2017
I am in complete agreement with Jody.
Jody | May 24, 2017
I really don't care whether it has lost its edge. I will take a couple pennies less from a bank that is well recognized and provides outstanding customer service any day.
Jesse Elderovian
January 27, 2017 |
I have been a customer since I first saw this bank advertised on this site in 2009. The rate is a little lower, but the service has always been excellent and very respectful. Nothing short of what you expect from Amex. Plus, I can now link the account to my credit card profile which is helpful.
Is this review helpful? Yes:5 / No: 1
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