American Express 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer

American Express4.0/5

Rate (APY)
4.00% APY
Term
14 months
Minimum Deposit
$0
Promotion
N/A
Apply Now →on American Express's website

American Express offers a 14-month CD with a competitive 4.00% APY, which is appealing for those looking to invest without a minimum deposit. This flexibility, along with the lack of monthly fees, makes it a solid choice for both new and seasoned savers.

Pros:

  • No minimum deposit
  • Competitive APY

Cons:

  • Funding required within 60 days
  • Early withdrawal penalties apply

In conclusion, American Express's 14-month CD with a 4.00% APY is an excellent option for both novice and experienced savers seeking a flexible investment with no minimum deposit requirement. Its competitive rate and absence of monthly fees make it a standout choice for anyone looking to grow their savings.

Frequently Asked Questions

Compare CD Rates

Summary of all rates from our cd rate pages. Click column headers to sort.

Provider ↕Rate ↓Term ↕Min Deposit
First National Bank of America4.30% APY5 years$1,000Learn more
Connexus Credit Union4.30% APY17 months$5,000Learn more
NASA Federal Credit Union4.20% APY49 months$10,000Learn more
Climate First Bank4.07% APY6 months$500Learn more
Popular Direct4.05% APY1 year$10,000Learn more
OMB Bank4.05% APY3 months$1,000Learn more
Sallie Mae Bank4.00% APY5 years$2,500Learn more
Newtek Bank4.00% APY6 months$2,500Learn more
LendingClub3.40% APY5 years$500Learn more
Wells Fargo1.50% APY1 year$2,500Learn more
Bank of America0.03% APY1 year$1,000Learn more

Related Guides