Comments on: American Express Introduces Online Banking Products

By: RY RICH

RY RICH — Tue, 06 Oct 2009 19:45:55 +0000

Gerry, Sorry for the delay but I spoke with AMEX yesterday and the CS rep informed me the 2.75% is what I get because I have a high yield savings account though their AMEX ONE credit card… that is no longer available. AMEX ONE deposits 1% of what I spend into the saving account automatically for me each month. The 1.85% is their current APY for personal savings available to everyone online. Hope this helps.

By: Gerry S

Gerry S — Sat, 03 Oct 2009 14:47:21 +0000

Thanks Rich!

By: RY RICH

RY RICH — Sat, 03 Oct 2009 01:34:49 +0000

That is a great question. I will call to confirm and ask. Maybe its because of the amount I have in the account? I will find out and get back to you.

By: Gerry S

Gerry S — Thu, 01 Oct 2009 13:59:43 +0000

How is your account earning 2.75 when they state it is at 1.85?

By: RY RICH

RY RICH — Thu, 01 Oct 2009 03:50:41 +0000

I’ve been with American Express Bank for over a year now and LOVE them. My high yield saving account is currently earning 2.75% and has stayed constant at that % for quite some time. Money is easy in and out.