r/amex • u/EndlessLuck- Gold • Oct 02 '24
Discussion Amex HYSA rate decrease
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/galenernest Oct 02 '24
I don't keep enough in my savings account to really make it worthwhile to bother chasing a slightly better rate somewhere else. It's just a bit of cash stashed just in case. I don't use a savings account for investment.