American Express CD Rates: 4.50% APY 11-Month, 4.00% APY 24-Month Term (Nationwide)

Find the latest American Express CD Rates, Offers, and Promotions here.

Update 5/10/24: The 12 month term rate has increased to 4.35% APY (from 3.75%), we recommend CDs from Rising Bank, Western Alliance Bank, or Ponce Bank.

Best CD Rates: 4.50% APY 11-Month Term, 4.35% APY 12-Month Term (no minimum deposit)

Availability: Nationwide

Credit Inquiry: Soft Pull or Hard Pull? Let us know.

About American Express

Lock in your fixed rate and watch your money grow with a Certificate of Deposit (CD).

A CD is ideal for someone who doesn’t need access to their funds in the short term and wants the assurance of a fixed interest rate.

Put your money to work when you open an American Express® Certificate of Deposit account.

While the rates are definitely worth a look, be sure to compare them with the nation’s best using our guides: CD Rates | Savings Rates.

*The above rates are accurate as of 5/10/2024*

American Express CD Rates

CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer of a term, the higher APY rate you make.

With only a opening deposit of $0.01, you can invest in a American Express CD account to maximize your earnings. Compare their offers now to find the solutions that fit best with your savings goals.

• Minimum deposit: None
• Maximum deposit: None
• Early withdrawal penalty: None Listed

(FDIC Insured)

Account Features

• No minimum balance + no monthly fees
• 24/7 world-class customer service
• Member FDIC. Each depositor is insured to at least $250,000.
• Strengthened by the service & reliability of American Express
• Interest rate and APY are fixed. You’ll know exactly how much you’ll earn on Day 1 by locking in your rate.
• Compounding daily, depositing monthly
• Your interest compounds daily and is deposited in your account monthly until maturity.

Bottom Line

With several different time slots to choose CD lengths from the American Express, you can be sure to find an account that best fits all your banking needs.

This is a great opportunity to invest in a high-interest CD from American Express. However, you may want to compare them with our best CD Rates:

• 6-Month CD Rates
• 9-Month CD Rates
• 12-Month CD Rates
• 18-Month CD Rates
• 24-Month CD Rates
• 36-Month CD Rates
• 48-Month CD Rates
• 60-Month CD Rates
• No Penalty CD Rates

Be sure to apply as soon as you can to start your new account experience and start earning higher rates. Check back often for the latest American Express CD rates!

*While American Express does have competitive rates compared to traditional banks I recommend you still take a look at Discover Bank Promotions here.*

Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.