About American Express Bank
Financial services giant American Express received permission from the Federal Reserve to become a bank holding company in 2008. One year later, the company, which already operated a small bank, introduced personal online accounts. Today, the bank still offers certificates of deposit (CDs) and a high-yield savings account.
American Express Bank is headquartered in Salt Lake City, Utah. Although it shares the same domain as the rest of the business, account holders log in using separate credentials from those used to access American Express credit card accounts.
American Express Bank is ideal for AMEX credit card customers who would find it convenient to visit one website to manage most of their financial accounts. You’ll also love the bank if you’re looking for a high-yield savings account that’s easy to qualify for and open. If you’re hunting for a new checking account or a CD with the top rate, you’re better off checking out the bank’s competitors.