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Author Topic: American Express Savings Account  (Read 1522 times)

Offline Yisha

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American Express Savings Account
« on: March 30, 2011, 06:38:10 PM »
does anyone here have a Savings account with AMEX? I just found they offer 1.15% no minimum

How does it work, will i be able to swipe my AMEX card to transfer founds into my savings account?  and how can i take out money from it?

any help?
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Offline Dan

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Re: American Express Savings Account
« Reply #1 on: March 30, 2011, 06:40:02 PM »
You would rather 1.15% taxable over 1.2 AA miles non-taxable?
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Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline Yisha

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Re: American Express Savings Account
« Reply #2 on: March 30, 2011, 06:43:05 PM »
but if i can use my AMEX to found it  :P then i can earn both  ;D
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Offline AsherO

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Re: American Express Savings Account
« Reply #3 on: March 30, 2011, 06:53:51 PM »
Quote from: Yisha on March 30, 2011, 06:38:10 PM
will i be able to swipe my AMEX card to transfer founds into my savings account? 

Doubtful.

They probably use check and/or ACH to deposit/withdraw funds.
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Offline Yisha

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Re: American Express Savings Account
« Reply #4 on: March 30, 2011, 07:29:12 PM »
Yes, I just check it with them, the only take check or bank transfer, unless Dan comes up with a way around.
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