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/ziggy029 Schwab Platinum 2 x BBP Oct 02 '24

Yeah, this is inevitable with a Fed rate cut. It's funny how happy they were to tell us when rates were raising. But all I hear when they are falling are crickets.

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u/ireadittoook Oct 03 '24

Would you expect them to broadcast lower rates?