American Express National Bank
American Express National Bank (AENB) is one of the leading internet banks in the country. It offers one of the best high-yield savings accounts with no monthly fees and minimum balance requirements. It also offers certificates of deposit (CDs), its new rewards checking account with a debit card, mobile and online solutions, and other financial services. Each depositor is insured up to $250K. AENB’s high yield savings account ranks among the best accounts according to NerdWallet. The company was formed through the merger of American Express Bank FSB and American Express Centurion Bank in April 2018. As of June 30, 2024, AENB reported $192 billion in total assets, $149 billion in deposits, $144 billion in net loans and $17 billion in equity capital. Member of FDIC, the company today employs approximately 2,100 people and operates as an online banking subsidiary of American Express Company.
High Yield Savings Account (HYSA):
Annual percentage yield (APY): 4.00%
Minimum opening deposit: $0
Permitted monthly transfers or withdrawals: 9
Monthly Service Charge: $0
FDIC insured
Note: American Express personal savings accounts are not connected to American Express card products.
Interest rates and APYs are subject to change at any time.
APY is valid as of November 2024.
Head office address:
115 West Towne Ridge Parkway
Sandy, UT 84070, USA
Phone number: 1 800 446 6307
24 hours a day, 7 days a week
Routing number: 124085066
FDIC certificate: 27471
Website: www.americanexpress.com