American Express now offers competitive rates on their long-term CDs including a 2.25% APY 2 year CD, a 3.00% APY 3 year certificate of deposit and a 3.25% APY 5 year CD.

Earlier this month American Express launched stand-alone savings products, with a savings account that now offering a competitive 2.00% APY.

Personal Savings from American Express is a new product offering from American Express Bank, FSB. American Express Bank, FSB is an FDIC-insured bank that is a member of the American Express family. Their goal is to provide  the same quality of service people expect from American Express. You do not  need to be existing American Express Cardmember to open a Personal Savings account.

CD rates on certificates of deposit continue to decline nationally – make sure you are shopping and checking CD rates regularly.

Tagged as: 2009 CD Rates, American Express, bank cd, Bank Deals, cd, certificate of deposit

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