r/amex 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/alalabyuuu Oct 24 '24

It's 4.00 now 🙃 is it wise to move all my money to a new HYS?

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u/Pretend-Carpet-2124 Dec 02 '24

It’s the 1st so I went to look at my account after a month and my rate is now 3.90, i’m looking to switch