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Perhaps true in the past, but AmEx has recently (I think?) started offering bank accounts. Their high-yield savings account is 2%, which is pretty comparable to Ally, etc.

https://www.americanexpress.com/personalsavings/high-yield-s...



American Express Bank has been around for at least 2-3 years.


In the world of banking, thats "started" to me.


I believe AmEx started their savings accounts at the same time or very shortly after converting to a bank holding company during the 2008 crisis.




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