American Express National Bank (AENB), based in Salt Lake City, Utah, is a banking subsidiary American Express Company. Member FDIC, it offers personal online savings accounts with no monthly service fees and no minimum balance requirement as well as certificates of deposit (CDs). Each depositor is insured to at least $250K. AENB doesn’t provide checking accounts and ATM cards. The company was formed through the merger of American Express Bank, FSB and American Express Centurion Bank in April 2018.

As of June 30, 2019, American Express National Bank had $120.128 billion in total assets, $78.7 billion in deposits, $93.5 in loans, $11.7 billion total equity capital and approximately 280 employees.

American Express High Yield Savings Account
Annual Percentage Yield (APY): 1.75%
Minimum opening deposit: $0
Permitted monthly transfers or withdrawals: 6
FDIC insured
National Average APY is 0.09 %

American Express CD Rates
Certificates of Deposits have no fees and minimum balance to open.

Term APY
6 Month CD 0.40%
12 Month CD 0.55%
18 Month CD 0.90%
24 Month CD 2.00%
36 Month CD 2.05%
48 Month CD 2.10%
60 Month CD 2.15%

APY is valid as of November 12, 2019.
Interest rates and APYs are subject to change at any time.

Headquarters address:
4315 South 2700 West
Salt Lake City, UT 84184
United States
Telephone: 1 800 446 6307
24 hours a day, 7 days a week
Routing Number: 124085066
FDIC number: 27471