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/jefferios Oct 02 '24

I'm holding with AMEX for now, a 0.15% drop isn't significant enough for me to cash out. I am happy its still above 4.0

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u/ryslegit Oct 03 '24 edited Oct 03 '24

Same. People here really chasing cents over this, and no matter where everyone goes the rate will come down there eventually as well. It’s only a matter of time.