When you open an American Express® Savings High Yield Savings Account (HYSA), you’re helping to grow your own money at a rate higher than the national rate. According to NerdWallet, our High Yield Savings Account ranks among the best with our combination of above-average rates and consumer-friendly features.
Is American Express National Bank a real bank?
American Express National Bank might be just the ticket. This bank, which is owned by the same parent as the famous credit card company, offers savings accounts and CDs that pay high rates, along with no required minimums or fees. Having the right bank account is crucial to your money-saving efforts.
Does American Express have a bank?
An online-only bank with no monthly fees and no balance requirements. Besides credit cards, though, the online-only American Express Bank offers a couple of personal banking options, including a high-yield savings account and certificates of deposit (CDs).
Is American Express bank a safe bank?
Yes, all accounts through American Express National Bank are FDIC insured (FDIC #27471) up to $250,000 per depositor, per account ownership category, in the event of a bank failure.
Which bank owns American Express?
American Express
| Headquarters at the American Express Tower | |
|---|---|
| Owner | Berkshire Hathaway (18%) |
| Number of employees | 63,700 (December 2020) |
| Website | |
| Footnotes / references |
What bank is affiliated with American Express?
Though the Associated Bank American Express® Premier Rewards Credit Card carries the American Express name, it’s actually issued by Elan Financial Services.
Does Wells Fargo own American Express?
American Express is a close cousin of Wells Fargo Wells & Company, owned by Henry Wells.
