Reddit · r/personalfinance · May 19, 2026
MixedSummary of a Reddit post
Chose the Amex savings account for its rate at the time but sees it lowered about twice a year and is considering moving the funds.
American Express High Yield Savings Reviews
Savings
How the signal works ↗Updated 9 NovCompare with CIT Platinum Savings
Real customer experiences (35)
Add your reviewReddit · r/personalfinance · Nov 18, 2025
MixedSummary of a Reddit post
Values the Amex savings account for moving money quickly, using it to get funds to a new bank account that would not accept transfers from other banks, despite a not-the-best rate.
Reddit · r/personalfinance · Mar 6, 2026
MixedSummary of a Reddit post
Chose the Amex savings account since they already use Amex, finding it fine except for inconsistent timing on when deposited or withdrawn money becomes available.
Reddit · r/personalfinance · Dec 4, 2025
MixedSummary of a Reddit post
Finds it very easy to transfer money in and out but notes Amex has been steadily lowering the rate.
Reddit · r/personalfinance · Dec 4, 2025
MixedSummary of a Reddit post
Used the Amex savings account and found it fine but moved to Fidelity for personal reasons.
Reddit · r/personalfinance · Sep 3, 2025
MixedSummary of a Reddit post
Closed their Amex savings account for a Fidelity money market fund with a higher yield.
Reddit · r/personalfinance · Aug 16, 2025
MixedSummary of a Reddit post
Has an Amex savings account that started at a higher rate and fell steadily, moving part of it to Treasury bills, but never had trouble withdrawing or making free ACH transfers.
Reddit · r/CreditCards · Jun 24, 2025
MixedSummary of a Reddit post
Had separate logins for the Amex savings account and a new Gold card and was told they could not be merged, until a second call linked them under one login.
Reddit · r/fidelityinvestments · Dec 20, 2024
MixedSummary of a Reddit post
Closed their Amex savings account to move to a Fidelity CMA for a higher rate.
Reddit · r/Banking · Dec 8, 2024
MixedSummary of a Reddit post
Left the Amex savings account for a higher-rate online bank, advising to shop around and check FDIC insurance.
Common questions about American Express High Yield Savings
Is American Express High Yield Savings worth it?
Of the 35 reviews with a clear verdict, 57% are positive, 29% mixed and 14% negative. The praise mentioned most is good rate.
What do people like about American Express High Yield Savings?
The praise reviewers mention most: good rate (1 review). For example: They keep their savings in the Amex high yield savings account, which has worked well and paid a good return for months. They plan to stay unless the APY drops considerably.
What does the signal score of 68 mean?
It's how well reviewed American Express High Yield Savings is, out of 100. Negative and mixed reviews take points off, and so does having only a few reviews: a product needs plenty of them, compared with the most-reviewed products here, to reach the high 80s and 90s. It's worked out from reviews only, needs at least 5 of them, and updates as new ones come in.
What are the specs of American Express High Yield Savings?
Category: Savings. Type: Online high-yield savings account. Fees: No monthly fees. Rates & rewards: 3.20% APY (as of Nov 6, 2026; variable). Minimum: No minimum balance.
Where do these American Express High Yield Savings reviews come from?
35 are quotes from Reddit, each linked to the original. Customer reviews are checked for spam before they appear. Every review, written here or quoted, is read as positive, mixed or negative.