American Express CD rates
American Express National Bank offers nine CD terms from 11 months to 5 years with no minimum deposit. Its best rate is currently on the 22-month CD at 4.40% APY. Here's every term, the fine print, and how Amex stacks up against the best CDs we track.
Amex CD rates by term
| Term | APY | Minimum |
|---|---|---|
| 11 months | 3.65% | $0 |
| 12 months | 3.65% | $0 |
| 14 months | 3.65% | $0 |
| 18 months | 3.65% | $0 |
| 22 months | 4.40% | $0 |
| 24 months | 3.65% | $0 |
| 36 months | 2.25% | $0 |
| 48 months | 2.25% | $0 |
| 60 months | 3.00% | $0 |
Rates verified against Bankrate's American Express CD tracking (updated Sept. 27 – Oct. 3, 2026). APYs change often — confirm at americanexpress.com.
American Express CD details
| Issuer | American Express National Bank, Member FDIC |
| Minimum deposit | $0 |
| Compounding | Daily, credited monthly |
| Early withdrawal penalty | Under 12 mo: 90 days' interest · 12–47 mo: 270 days · 48–59 mo: 365 days · 60 mo: 540 days |
| Additional deposits | Not allowed after funding |
| Renewal | Automatic, with a 10-day grace period |
| Specialty CDs | None (no IRA, bump-up or no-penalty CDs) |
Is an Amex CD worth it?
Amex is a strong pick if you want a trusted brand, 24/7 support and no minimum deposit. The 22-month term is the standout. For 3- to 5-year terms, though, Amex trails many online banks, and its penalties on longer CDs are steep. If you bank with Amex already, see whether American Express supports Zelle, or compare every term on our 12-month CD rates page.
Top 12-month CD rates vs Amex
Amex's 12-month CD pays 3.65% APY. These are the best 1-year CDs we track, updated daily.
North American Savings Bank FSB
12-Month Jumbo CD Special
APY
4.50%
Min. deposit
$100,000
Term
12 mo
HAB Bank
CD
APY
4.50%
Min. deposit
$1,500
Term
12 mo
Marcus by Goldman Sachs
High-Yield CD — early withdrawal penalty applies
APY
4.40%
Min. deposit
$500
Term
12 mo
Quorum Federal Credit Union
CD
APY
4.35%
Min. deposit
$100
Term
12 mo
E*TRADE
CD
APY
4.35%
Min. deposit
$500
Term
12 mo
Frequently asked questions
What are American Express CD rates today?+
As of early October 2026, American Express National Bank CDs pay 3.65% APY on most terms from 11 to 24 months, 4.40% APY on the 22-month CD, 2.25% on 3- and 4-year CDs and 3.00% on the 5-year CD. Amex changes rates often, so confirm on its site before opening.
Is there a minimum deposit for an Amex CD?+
No. American Express CDs have no minimum opening deposit, which makes them easy to use for a CD ladder.
Are American Express CDs FDIC insured?+
Yes. CDs are issued by American Express National Bank, Member FDIC, and are insured up to $250,000 per depositor, per ownership category.
What is the early withdrawal penalty on an Amex CD?+
90 days' interest for terms under 12 months, 270 days for 12 to 47 months, 365 days for 48 to 59 months and 540 days for 60 months or longer.
Which American Express CD term pays the most?+
The 22-month CD is Amex's top rate at 4.40% APY, well above its other terms. Longer 3- and 4-year CDs pay noticeably less at 2.25% APY.
Do I need an American Express card to open a CD?+
No. Anyone eligible can open an American Express CD online without being a card member.
This page is educational, not financial advice. Rates may vary.