American Express has a high yield savings rate offer at 2.00%APY. This high yield savings rate which took effect on June 4, 2009 may however change at any time.
Interested customers who want to earn a high yield savings account with American Express can also take advantage of its fee-free online electronic transfers. It has no minimum deposit requirement and deposits are insured with the Federal Deposit Insurance Corporation (FDIC) up to the limit set by law.
American Express, established in New York City in 1850, is a global payments company with presence in over 130 countries around the world.
Rate effective August 27, 2009: American Express high yield savings account rate is down by 0.15% or 1.85%APY.
Rate effective September 17, 2009: Rate stays the same at 1.85%APY.
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