American Express launches business savings account with 2.95% APY

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American Express Expands Banking Offerings for Businesses with New High-Yield Savings Account

September 15, 2026 8:00 AM EDT

Business Checking and Business Savings come together under American Express® Business Banking, with a new payroll solution and integration with Amex Business Cards coming soon

NEW YORK--(BUSINESS WIRE)-- Today American Express (NYSE: AXP) announced the launch of the new high-yield American Express® Business Savings account, designed to help businesses earn more on their deposits and manage more of their finances in one place. Later this year, the company will introduce a new way for Graphite Business Cash Unlimited Card Members to redeem Reward Dollars for deposits... More