AmericanExpress.com/MyReason - American Express Savings Account Review

Americanexpress.com/myreason shows you the reasons why you should open a high yield savings account. Essentially, you want to be putting money to work for you and to have an attractive interest rate. A high yield savings account typically offers higher rates than a normal checking account. You can manage this personal savings account online or over the phone. You can transfer up to $250,000 daily electronically making your funds very liquid. Currently, the interest rate for a American high yield personal savings account is 1.3% APY though it may change from time to time. But it is typically higher than many checking accounts interest rate and a number of other savings account. You can also link your existing bank account to make money transfer easy. To open a personal savings account with American Express, visit americanexpress.com/myreason.
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