American Express High Yield Savings

The conditions, untangled.

Variable standard APY, checked October 11, 2026. Promotional and referral boosts are excluded.

Other conditions to know

• Interest compounds daily and is credited monthly.
• Transfers and mobile deposits may have limits and holds.

Getting to your money.

Online transfers and eligible mobile check deposits; no ATM card, debit card or checks.

What could that look like for you?

Deposit insurance, in plain words.

The FDIC is a US government agency. If an insured bank fails, it protects deposits up to $250,000 per depositor, per insured bank, for each ownership category (for example, a single account or a joint account).

• The limit counts per bank, not per app or brand name. Money you already hold at American Express National Bank adds up with money in this account.
• Member FDIC, according to the bank's official page. Other deposits at the same bank can count toward your coverage limit.
• WalletNoodle is not a bank and is not an FDIC member. This is general information, not a check of your own coverage.

Good comparisons leave a paper trail.

Product facts come from the bank pages listed below. General deposit-insurance information comes from the FDIC link above. We checked them on Oct 11, 2026. The rate effective date is the bank’s own date, which can differ from the day we checked. Our summary and take are our own words; we have not opened or tested this account.

• American Express account details (opens in a new tab) ↗Official provider information