Wealthy PotAmerican Express CD Rates (2026)
A trusted big-name CD with no minimum, plus a featured 10-month special (4.25%)
By Wealthy Pot · Last updated September 2026
American Express CD rates by term
| Term | APY |
|---|---|
| 1-year | 3.50% |
| 3-year | 2.25% |
| 5-year | 3.00% |
Who American Express CDs are for
Existing Amex customers who want a trusted, no-minimum CD
Rates, minimum & penalties
American Express requires a $0 minimum deposit to open a CD. The early-withdrawal penalty is 90 days interest (≤12 mo); 180 days (>12–<48 mo); 365 days (≥48 mo). American Express does not offer a no-penalty CD, so plan to keep the money locked for the full term. FDIC-insured (American Express National Bank). CD APYs are fixed once you open but change for new CDs frequently, confirm the current rate on the official site.
The bottom line
A trusted big-name CD with no minimum, plus a featured 10-month special (4.25%) Main drawback: no 6-month term; standard rates trail leaders (3-year just 2.25%); no no-penalty cd.
See how American Express stacks up in our best CD rates comparison, or compare liquid options in our high-yield savings guide.
We summarize each bank's published CD terms, not user reviews. CD APYs are fixed for the term but reprice for new CDs often; figures are re-checked against each bank's official page. CDs are FDIC-insured to legal limits. Some outbound links may be affiliate links — that never affects which banks we include or how we rate them. Nothing here is financial advice.