Rates updated · 71 banks tracked
American Express CD rates: 4.40% APY best term
American Express’s best tracked CD pays 4.40% across 10 terms — ranking in the top quartile of the 71 banks SwitchWize tracks CD rates for, where the best available rate is 4.83%. (Updated October 12, 2026.)
American Express CD rates by term
| Term | APY |
|---|---|
| 10 months | 4.40%Best |
| 11 months | 3.65% |
| 1 year | 3.65% |
| 14 months | 3.65% |
| 18 months | 3.65% |
| 22 months | 4.40%Best |
| 2 years | 3.65% |
| 3 years | 2.25% |
| 4 years | 2.25% |
| 5 years | 3.00% |
Is American Express a good CD rate? Not really. At 4.40% its best CD trails the 4.83% best available tracked rate, leaving about $108 a year on the table on a $25,000 deposit.
The gap, in your dollars
At 4.40%, $25,000 earns $1,100/yr here versus $1,208/yr at the field leader — a $108/yr difference.
See your exact number →Higher-paying CD alternatives we track
Rates subject to change. Verify before opening a CD.
Frequently asked questions
What is American Express's best CD rate?▾
American Express's best tracked CD rate is 4.40% APY as of October 12, 2026, across 10 terms SwitchWize tracks for this bank.
Is American Express's CD rate good?▾
American Express's best CD rate ranks in the top quartile of tracked banks. The best available tracked rate is 4.83% and the FDIC national savings average is 0.38%.
Which banks pay more than American Express on CDs?▾
Higher-paying tracked options include eaglebank, america first fcu, cfg. Compare rates at /cds to find the best current option.
General information only. Rates change frequently; verify directly with the institution before making financial decisions. SwitchWize is not a bank and does not provide financial advice.