American Express Bank, FSB

American Express Bank, FSB was a federal savings bank in the American Express group. Its offerings were limited to High-Yield Savings Accounts and Certificates of Deposit (CDs). These accounts had no fees and no minimum balance requirement. Deposits were taken directly under the American Express Personal Savings brand, without a branch network; the bank sent quarterly statements for CD accounts and monthly statements for High-Yield Savings accounts. Each depositor was insured by the Federal Deposit Insurance Corporation to at least $250,000. The bank operated as a subsidiary of American Express Travel Related Services Company and employed about 100 people. It was established on December 1, 2000 and was 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. It ceased to exist on April 1, 2018, when it was merged into its affiliate American Express Centurion Bank, which was renamed American Express National Bank on the same date.

 American Express Bank CD Rates

 American Express Bank Savings Account Rates

The rates above are historical: the Annual Percentage Yield (APY) shown is as of June 2017, when the accounts were held at American Express Bank, FSB. The deposit business passed to American Express National Bank on April 1, 2018.

Head office address (until April 1, 2018):
4315 South 2700 West
Salt Lake City, Utah 84184
United States
Phone: 1-800-446-6307
Routing Number: 124085066
FDIC number: 35328
Website: www.americanexpress.com

On April 1, 2018 American Express Bank, FSB was merged, without assistance, into its affiliate American Express Centurion Bank (FDIC certificate 27471). The surviving institution converted to a national banking association, supervised by the Office of the Comptroller of the Currency, and was renamed American Express National Bank on the same date; FDIC certificate 35328 was retired. The final call report filed by American Express Bank, FSB, at March 31, 2018, showed total assets of $55.0 billion and deposits of $45.8 billion.

American Express National Bank is the deposit-taking bank of the American Express group in the United States. As of June 30, 2026 it reported total assets of $213.9 billion, deposits of $171.6 billion and equity capital of $19.2 billion.

Successor head office address:
115 W Towne Ridge Pkwy
Sandy, Utah 84070
United States
FDIC number: 27471
Website: www.americanexpress.com