American Express Savings Account
An American Express savings account is a financially sound way to save money for your future with an established financial institution. American Express has been in business for decades with a great track record of being financial sound and known for having a solid business plan. But, just recently they started American Express Online Banking.
Customers have known for years that their money will be safe and secure with an American Express credit card. But, now you can save your money with American Express Bank.
An American Express savings account is easy to open and will give the customer the safety and security need to save without worries. The high yield of the savings account will give the consumer the return needed for their future needs. This account has no minimum and there are no hidden fees for online transfers.
The interest today is at 2.00%, but this is a variable rate and will adjust with the market. This is a savings account that offers more than most savings accounts with other financial institutions like allowing 6 withdraws per month without penalty. Withdraws are conducted electronically with an account that is linked to your American Express savings account.
Interest to your savings account is compounded daily and is credited to your account on a monthly basis.
Fees associated with this type of account include a $5 charge for duplicate statements, an $8 charge for a return on a deposit item. There is also a $15 charge for any outgoing wire transfer and a $25 charge for when there are insufficient funds in the account.
Customers will have 24/7 access to their accounts online. The American Express Bank Online Website is perfect for handling your online banking needs. This is after the account holder goes through the” set up online portion” on the American Express home web page.
If you are looking for safety and security while earning a high yield, you should check out an American Express Savings Account today. Check out the American Express website for the most current savings account rates.
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