American Express High Yield Savings earns approximately 4.00% APY in 2026 — applied to all balances with no tiers, no minimum, and no conditions. Interest compounds daily and is credited monthly.
AmEx HYSA Rate Details
| Detail | Amount |
|---|---|
| APY (2026) | ~4.00% |
| Compounding | Daily |
| Crediting | Monthly |
| Minimum for APY | $0 |
| Direct deposit required | No |
| Tiered rate | No — flat for all balances |
Interest Earnings at 4.00% APY
| Balance | Monthly Interest | Annual Interest |
|---|---|---|
| $1,000 | ~$3.33 | ~$40 |
| $5,000 | ~$16.67 | ~$200 |
| $10,000 | ~$33.33 | ~$400 |
| $25,000 | ~$83.33 | ~$1,000 |
| $50,000 | ~$166.67 | ~$2,000 |
| $100,000 | ~$333.33 | ~$4,000 |
AmEx HYSA vs Competitors (2026)
| Institution | APY | Minimum | Fee |
|---|---|---|---|
| Synchrony HYSA | ~4.50% | $0 | $0 |
| Marcus (Goldman Sachs) | ~4.10% | $0 | $0 |
| AmEx HYSA | ~4.00% | $0 | $0 |
| Ally HYSA | ~4.00% | $0 | $0 |
| SoFi HYSA | ~4.20%* | $0 | $0 |
| National average (FDIC) | ~0.57% | — | — |
*SoFi’s higher rate requires a qualifying direct deposit. AmEx’s rate has no conditions.
AmEx sits in the middle of the competitive HYSA market — not the highest available, but requires no direct deposit or activity to earn its full rate.
Rate History Context
AmEx High Yield Savings has historically followed the Fed Funds rate closely. During the 2023–2024 high-rate environment, AmEx HYSA peaked above 4.35%. As the Fed cut rates in late 2024–2025, AmEx’s rate trended down. Check americanexpress.com/en-us/banking/high-yield-savings/ for the current rate.
Related Guides
- AmEx savings minimum balance 2026 — $0, no conditions
- AmEx HYSA vs Marcus 2026 — Goldman Sachs comparison
- AmEx HYSA vs Ally 2026 — Ally savings comparison
- AmEx savings customer service 2026 — 1-800-446-6307
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