American Express Personal Savings Discount Codes Apr 2025 - 20% OFF

American Express Personal Savings is an online-only savings account offered by American Express, a well-known global financial company. The account allows customers to save money and earn interest on their deposits.Some key features of American Express Personal Savings include:1. Online Access: The account is accessible through the American Express website or mobile app, allowing customers to manage their savings from anywhere at any time.2. Competitive Interest Rates: American Express Personal Savings offers competitive interest rates that are higher compared to traditional brick-and-mortar banks. This allows customers to earn more on their savings over time.3. No Monthly Fees: There are no monthly maintenance fees associated with the account, which means customers can save without worrying about extra charges eating into their savings.4. No Minimum Deposit Requirement: There is no minimum deposit required to open an account with American Express Personal Savings, making it accessible for customers at all income levels.5. FDIC Insured: American Express Personal Savings accounts are insured by the Federal Deposit Insurance Corporation (FDIC), up to the maximum allowable limit per depositor. This provides peace of mind knowing that deposited funds are protected in case of bank failure.6. Automatic Transfers and Alerts: Customers can set up automatic transfers from their linked external bank accounts to make regular deposits into their savings account. Additionally, email alerts can be set up to notify customers about important updates or changes in their account status.It's important to note that American Express Personal Savings only provides a savings account option and does not offer checking accounts or other banking services typically offered by traditional banks.

The main products offered by American Express Personal Savings are high-yield savings accounts and certificate of deposits (CDs).