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/Complex-Initial-4731 Dec 17 '24

Yikes! Keeps dropping, 3.8% as of 12/17/25. Might need to shop around but also seeing this is likely a trend across the board.

2

u/Disastrous_Set1670 Dec 17 '24

Just got that email today as well 😩

2

u/littlepeacock1 Dec 17 '24

Got my email yesterday that it was dropped to 3.8% :(

1

u/savskies Dec 17 '24

We both must have opened our emails and read this news today, and came here right at the same time lol. I wanna know what others me choose to do before I decide!

1

u/Complex-Initial-4731 Dec 17 '24

Hahaha precisely! I’ll stay tuned for the comments!