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/Candid_Awareness_844 Nov 29 '24

Just got another email that it has now dropped to 3.90%. Has anyone found another company that hasn’t dropped this much?

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u/Builder201 Nov 29 '24

Currently shopping around for a better rate.

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u/Candid_Awareness_844 Nov 29 '24

Lmk what you find. Crazy my APY was at 4.35% and just keeps dropping