8/2/24, 8:57 AM Checking Accounts | Open Online Checking Account | Amex US

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Limited-Time Offer

Earn $300 after you open an American Express® Rewards Checking account by 9/30/2024 and receive
two separate Qualifying Direct Deposits of $1,000 or more within 90 days of account opening.†

Enhance your Membership with Rewards Checking*

Apply for an online checking account with no fee to open, no monthly fees, and no minimum
balance requirements.1

*We are currently accepting applications from Card Members with a U.S. Basic Consumer Card issued by American Express National Bank with 3+
months tenure.

Apply Now

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High Interest
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Earn a 1.00% APY2 —10X higher than the national rate.2

Debit Card Rewards

Earn Membership Rewards® points on eligible Debit Card purchases.3

No Monthly Fees

No fee to open, no minimum deposit, and no monthly fees.1

Backed by Amex

24/7 world-class customer service and fraud monitoring.

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Seamlessly manage your personal

American Express accounts
Your checking, savings, and eligible Card accounts are available 24/7 in the award-winning
Amex® App4, or online.

Review recent transactions, transfer funds, and track your rewards from a single login.

An online checking account for both earning

rewards and building your balance

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Reward your everyday spending and earn 1 Membership Rewards® point for every $2 of
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eligible Debit Card purchases. Redeem those points for deposits. Then redeem those
points for deposits right into your Amex Rewards Checking account.5 If you already have a
Membership Rewards-enrolled Product, you can redeem those points the same way you
always have. If you're new to the Membership Rewards® Program, the points you earn can
be redeemed for limited options.

You’ll also earn a 1.00% APY on your checking account balance. That’s 10X higher than
the national rate!

Modern digital tools designed for your day-to-day

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Mobile
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Shopping Benefits

Service & Support

ATM & Contactless Pay

Manage your account and more from wherever you are

Mobile Check Deposits: The Amex® App helps make mobile deposits simple – just take
pictures with your smartphone.6

Digital Transfers: It’s simple to connect your existing bank accounts, so you can transfer
money when you need to from an eligible account that's connected, including the American
Express® High Yield Savings Account.

Digital Wallet: Add your American Express® Debit Card to your digital wallet to make fast and
convenient payments in store and online.7

Awarded Best Online Bank 2024 for no opening deposit by Go Banking

Rates.

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Frequently Asked Questions

Who is eligible to apply for an American Express Rewards Checking account?

How do I access my Amex Rewards Checking account?

How can I fund my Amex Rewards Checking account?

Can I use my Debit Card at ATMs to withdraw cash? Where can I find an ATM location near
me?

How do I earn and use Membership Rewards points?

Have other questions? Get more answers by reviewing our full list of FAQs.

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High interest online checking account for Members

Terms and Conditions

†
Welcome Bonus Terms

Earn a Welcome Bonus of $300 deposited into a new American Express®

Rewards Checking account after you do each of the following:

Open an American Express Rewards Checking Account in your name by

9/30/2024 and
Have two separate Qualifying Direct Deposits of $1,000 or more each posted
to your American Express Rewards Checking Account within the first 90 days
of account opening.

After you have completed the above, American Express will deposit your Welcome
Bonus into your Rewards Checking Account within 8-12 weeks.

A Qualifying Direct Deposit is a single ACH transfer of $1,000 or more from an

employer or the government for a paycheck, pension, government benefit (such as
Social Security), or tax refund. Two Qualifying Direct Deposits are required to
qualify for this offer. The following are not Qualifying Direct Deposits: person to
person transfers (P2P) such as money transfer apps, demand deposit account to
demand deposit account transfers (for example, from a checking account to
another checking account or from a savings account to a checking account),
deposits or ACH transfers not from an employer or the government (for example,
online transfers or bank transfers), internal transfers from your American Express®
Savings account, deposits made via check, and Membership Rewards® points
redemption for deposits.

You are not eligible for the Welcome Bonus if you have an existing or previously
have had a Rewards Checking Account. Each individual customer may only have
one Rewards Checking Account. You must keep your account open and in good
standing until we award you your Welcome Bonus. If your account is closed for any
reason prior to such time, including being closed by us, you will not be eligible for
the Welcome Bonus. If we determine, in our sole discretion, that you have violated
the Rewards Checking Account Terms or have engaged in abuse, misuse, or
gaming in connection with your account, we may determine that you are not
eligible for the Welcome Bonus. In such circumstance, we may rescind or decline
to award you the Welcome Bonus.

Your Welcome Bonus may be taxable income to you and may be reported on IRS

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Form 1099. You are responsible for any federal or state taxes resulting from the
MenuWelcome Bonus. Please consult your tax advisor if you have questions about the Log Out
tax treatment of the Welcome Bonus. This Welcome Bonus is only available to
customers who were solicited for it and cannot be forwarded or used more than
once. Your Welcome Bonus may not be transferred, sold, traded, or combined with
other Welcome Bonuses. You are only eligible for one Welcome Bonus. Limit one
Welcome Bonus per American Express Rewards Checking Account. American
Express reserves the right to modify or revoke this Welcome Bonus offer at any
time without notice.

You can access these bonus terms by visiting go.amex/august2024incentive3

Welcome Bonus offered by American Express National Bank. Member FDIC.

POID: GHXW:0001

1
No Monthly Account Fees and No Minimum Balance Requirements
No minimum balance is required to open an account or earn interest, and no
minimum balance fees are charged for Rewards Checking Accounts. Inactive
and/or unfunded accounts may be subject to closure. Please see the Consumer
Deposit Account Agreement and Rewards Checking Schedule at
americanexpress.com/rewardscheckingterms for further details.

2
Annual Percentage Yield (APY)
The Annual Percentage Yield (APY) as advertised is accurate as of 8/2/2024. APY
is subject to change at any time without notice before and after a Rewards
Checking Account is opened. Please see the Consumer Deposit Account
Agreement and Rewards Checking Schedule for additional terms. Transaction fees
may reduce APY. APY rate compared to national deposit rate from the FDIC's
published Monthly Rate Information for Interest Checking deposit products. FDIC
national rate is calculated as the simple average of interest rates paid by US FDIC-
insured depository institutions and branches for which data is available. This
national deposit rate reflects APY paid on a variety of interest-bearing checking
accounts with terms, services and limitations that may differ. See the FDIC Website
for details.

3
Membership Rewards® Program for Checking and Debit
When you open an American Express® Rewards Checking Account you will also
receive a Membership Rewards® Account (a Rewards Account), in which you will
earn one Membership Rewards point for every two dollars of eligible Debit Card
purchases. Eligible Debit Card purchases are purchases of goods or services,
minus returns and other credits, for anything except: cash withdrawals, cash
equivalents, person-to-person transactions, purchases of traveler’s checks,
American Express Gift Cards bought online, purchases or reloading of prepaid
cards, and foreign exchange fees and fees for account services. You can redeem
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Membership Rewards points for a deposit into your checking account. Visit
Menumembershiprewards.com/pointsinfo to learn what other redemption options may be Log Out
available. If you also have a Rewards Account in connection with a Card Account,
your Rewards Accounts can be linked and you will have access to all redemption
options offered with that Card Account. For more information, visit
membershiprewards.com/terms.

Membership Rewards® Program

Terms and Conditions for the Membership Rewards® program apply. Visit
membershiprewards.com/terms for more information. Participating partners and
available rewards are subject to change without notice.

The value of Membership Rewards® points varies according to how you choose to
use them. To learn more, go to membershiprewards.com/pointsinfo.

4
American Express® App
iOS and Android™ only. See app store listings for operating system info.

5
Membership Rewards® Program - Redeem for Deposits
You may redeem Membership Rewards® points for deposits into your American
Express® Rewards Checking Account. To learn more about the redemption value
for Redeem for Deposits, go to membershiprewards.com/pointsinfo. American
Express will deduct the number of points you select from your Membership
Rewards Account and deposit a corresponding dollar amount into your checking
account. Generally, deposits will post to your account within 48 hours of
redemption. For more information, visit membershiprewards.com/terms.

6
Mobile Check Deposit
Mobile Check Deposit is subject to deposit limits and other restrictions, which may
change in the future. Please see our Mobile Check Deposit Agreement
(go.amex/mcdterms) for limits and other restrictions. This agreement may be
accessed prior to your use of this service. Please see the Rewards Checking
Schedule (go.amex/checkingschedule) for information about when funds deposited
through Mobile Check Deposit are made available. Mobile data rates may apply.

Digital Wallet
7

Digital wallets are Apple Pay® and Google Pay™.

8
Zero Liability Fraud Protection
Zero Liability Fraud Protection does not include unauthorized charges made by
users who you allow to use your Debit Card. You are responsible for notifying
American Express promptly upon learning of an unauthorized transaction against
your accounts or the loss or theft of your Debit Card or Debit Card number.
Limitations apply. See the Consumer Deposit Account Agreement and Rewards

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Checking Schedule at americanexpress.com/rewardscheckingterms. Learn how

Menuwe secure your payments at americanexpress.com/us/security-center/. Log Out

9
ATM Withdrawals
At Allpoint® and MoneyPass® locations in the U.S., you can withdraw cash and get
account information with no fee. Access to ATMs outside of the Allpoint® and
MoneyPass® network are subject to fees by the ATM owner and/or network. ATM
withdrawal limits apply. American Express applies foreign exchange fees to
withdrawals in foreign currencies. American Express does not accept ATM cash
deposits into your Rewards Checking account at this time. Visit
americanexpress.com/rewardscheckingterms for more information and
americanexpress.com/rewardscheckingfeefreeatm/ to find participating ATMs in the
U.S.

Contactless Payments
10

Contactless payments are accepted at participating merchants only.

11
Wire Transfers
If we receive a completed Incoming Wire Transfer of funds (in U.S. dollars) that
includes proper identification of your Account by 6:45pm ET on a Business Day, we
will consider that to be the Business Day of your deposit. Funds from Incoming
Wire Transfers received by 6:45pm ET will generally be available for withdrawal on
that Business Day. Funds from Incoming Wire Transfers received after 6:45pm ET
will generally be available for withdrawal on the next Business Day. A $20 fee will
apply to all outgoing wire transfers from an American Express Rewards Checking
Account. Outgoing wire transfers are subject to a $500,000 daily limit per account.
Additional terms apply to outgoing wire transfers.

Last Login: Jul 27 2024 @ 11:41 AM

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