American Express Bank Certificate of Deposit (CD)
CD Yields (Annual Percentage Yield)
| Term | APY |
|---|---|
| 6 Month | 1.00% |
| 1 Year | 1.50% |
| 2 Year | 2.00% |
| 3 Year | 2.25% |
| 4 Year | 2.50% |
| 5 Year | 2.95% |
Rates as of 2-22-10
Account Features
| Minimum Deposit | $1 |
| Compounding | Daily |
Early Withdrawal Penalties
If your account has an original maturity of one year or less, a penalty equal to 90 days’ interest on the amount withdrawn may be imposed.
If your account has an original maturity of more than one year, a penalty equal to 180 days’ interest on the amount withdrawn may be imposed.
Renewal Policy and Grace Period
Your CD account automatically renews at maturity. At maturity, you will have a 10-calendar-day grace period (grace period) in which you can withdraw funds from your account without penalty. You may prevent renewal if you withdraw the funds in your CD account at maturity or within the grace period, or if the bank receives written notice from you within the grace period.
American Express Reviews
Review from JE87020
"The yield is very competetive and the rep's with whom I've spoken are professional. I just requested another ACH..."
Read More American Express Bank Reviews >>
Contact
http://personalsavings.americanexpress.com
(800) 446-6307