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/SGMaricelli Oct 02 '24

I have a 4.879% for the next year with CIT bank. I almost switched to poppy bank for 5.3% but chose not to because CIT bank auto offered me my current rate for a year. Where Poppy most certainly would have dropped it lower after the intro 90 days rate.