Here is a bank brand that we all recognize and have all come to trust - American Express. American Express is offering customers a very decent competitive savings account rate at 2% APY. This is a new product and the recent offer is as of June 4, 2009 - rates are subject to change.
The high yield savings account basic features are:
- There is no minimum balance required to open the savings account
- Online electronic transfers are free
American Express is FDIC insured (#35328). If you're looking into different savings account rates options, you may want to check this out. Also don't forget to check out Go Banking Rate's list of current high yield savings accounts rates.
Do you have any great savings rates you'd like to share with the Go Banking Rates Community?
