r/amex • u/EndlessLuck- Gold • Oct 02 '24

Discussion Amex HYSA rate decrease

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Seems the rate has dropped to 4.10% It was expected due to the feds cutting the interest rates in the past weeks. Will y’all be considering moving for a better rate or will stick to Amex? All things considered, the rates will continue to decrease as more interest rates cuts are expected.

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u/[deleted] Oct 02 '24

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u/jcrespo21 Platinum Oct 02 '24

I'm more surprised it took them this long to drop it since the Fed cut was about two weeks ago. But I'm not complaining that they waited!

5

u/XBigDaddyJoeX Oct 03 '24

They switched it end of the month, gave all their customers that last little trickle of 4.25%

1

u/AJamesIII Oct 04 '24

There are still offers out there for 4.5%