American Express Bank, FSB

American Express Bank

American Express Bank, FSB is a member of the American Express family. The offerings from the Bank are limited to High-Yield Savings Accounts and Certificates of Deposit (CDs). These accounts have no fees and no minimum balance requirement. Direct banking with American Express Personal Savings lets you manage your account from wherever you are without visiting a branch. The company also sends quarterly statements for CD accounts and monthly statements for High-Yield Savings accounts. Each depositor is insured by Federal Deposit Insurance Corporation to at least $250,000. American Express Bank operates as a subsidiary of American Express Travel Related Services Company and employs about 100 people. The Bank was established on December 1, 2000 and is based in Salt Lake City, Utah. As of March 31, 2017, it had total assets of $51.1 billion, loans of $37.6 billion, deposits of $38.7 billion and equity capital of $5.9 billion.

 American Express Bank CD Rates

Term Rate Min to open
6 Month CD 0.40% APY $0
12 Month CD 0.55% APY $0
18 Month CD 0.60% APY $0
24 Month CD 1.00% APY $0
36 Month CD 1.25% APY $0
48 Month CD 1.45% APY $0
60 Month CD 1.70% APY $0

 American Express Bank Savings Account Rates

  Rate Min to open
High Yield Savings Account 0.90% APY $0

The Annual Percentage Yield (APY) as of June 2017.

Head office address:
4315 South 2700 West
Salt Lake City, Utah 84184
United States
Phone: 1-800-446-6307
Routing Number: 124085066
FDIC number: 35328