American Express vs Briodirect
High-Yield Savings Accounts Comparison
Last Updated: September 5, 2025
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Summary of American Express vs. BrioDirect
As of September 5, 2025 American Express offers an APY of 3.50% for its High Yield Savings Account, with a minimum balance of $0, compared to BrioDirect's 4.30% APY for its High-Yield Savings Account, with a minimum balance of $25.
BrioDirect yields $80 more than American Express on a $10,000 balance after one year. American Express pays $350, while BrioDirect pays $430 - an APY advantage for BrioDirect.
American Express
Strengths
- American Express offers a High Yield Savings Account with a competitive APY of 3.50%.
- No minimum deposit or balance requirements for American Express's savings account.
- American Express has a high App Store rating of 4.9.
Potential Drawbacks
- American Express has a BBB rating of F and is not BBB accredited.
- American Express's Google Play rating is lower at 3.8.
- No physical branches available for American Express customers.
BrioDirect
Strengths
- BrioDirect offers a higher APY of 4.30% for its High-Yield Savings Account.
- BrioDirect has a better BBB rating of B-.
- BrioDirect's Google Play rating is higher at 4.3.
Potential Drawbacks
- BrioDirect requires a minimum deposit of $5,000 to open an account.
- BrioDirect has a minimum balance requirement of $25.
- No physical branches available for BrioDirect customers.
Summary: BrioDirect offers a higher APY of 4.30% compared to American Express's 3.50%. However, BrioDirect requires a $5,000 minimum deposit and a $25 minimum balance, while American Express has no such requirements. American Express has a lower BBB rating of F, while BrioDirect's is B-. Both banks are online-only with no branches, but American Express has a higher App Store rating of 4.9.
Compare American Express' vs BrioDirect's Savings Accounts
| American Express | BrioDirect | ||
|---|---|---|---|
| Product | High Yield Savings Account | vs | High-Yield Savings Account |
| APY | 3.50% (as of 9/5/2025) | 4.30% (as of 9/5/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $5,000 | |
| Minimum Balance for APY | $0 | $25 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.9/5 | 4.7/5 | |
| Google Play Rating | 3.8/5 | 4.3/5 | |
| BBB Rating | F | B- |
Comparative Historical APY Insights (Last 7 Months)
| American Express | BrioDirect | ||
|---|---|---|---|
| Product | High Yield Savings Account | vs | High-Yield Savings Account |
| Latest APY | 3.50 % | 4.30 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -4.2 | -4.5 | |
| Rate Changes / Mo | 0.40 | 0.53 | |
| Days Since Last Change | 44 | 108 | |
| High (-7 m) | 3.80 % | 4.55 % | |
| Low (-7 m) | 3.50 % | 4.30 % | |
| Draw-down from High | -7.9 % | -5.5 % | |
| Volatility (CV) | 0.026 | 0.024 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 7 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-7 m)
- Highest APY in the last 226 days.
- Low (-7 m)
- Lowest APY in the last 226 days.
- Draw-down from High
- How far today sits below the 7-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
Calculate Savings Growth for American Express vs BrioDirect
All calculations are based on APY.
American Express
APY: 3.50%
Total savings breakdown:
- Interest earned: $2,114.1 (10.51%)
- Total contributions: $13,000 (64.63%)
- Initial deposit: $5,000 (24.86%)
Your total balance
$20,114.10
Effective APY: 3.50% (based on your deposit and contributions)
Total balance: $20,114.1
Earnings: $2,114.1
Bank OverviewBrioDirect
APY: 4.30%
Total savings breakdown:
- Interest earned: $2,629.4 (12.75%)
- Total contributions: $13,000 (63.02%)
- Initial deposit: $5,000 (24.24%)
Your total balance
$20,629.40
Effective APY: 4.30% (based on your deposit and contributions)
Total balance: $20,629.4
Earnings: $2,629.4
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, American Express's total earnings would be $515.3 lower than BrioDirect's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
More Comparisons
Compare American Express' APY of 3.50% with other banks
Compare BrioDirect's APY of 4.30% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| BrioDirect vs Ally Bank | 3.50% | $0 |
| BrioDirect vs Axos Bank | 4.46% | $0 |
| BrioDirect vs Bank of America | 0.01% | $100 |
| BrioDirect vs Barclays | 4.10% | $0 |
| BrioDirect vs Capital One | 3.50% | $0 |
| BrioDirect vs Chase Bank | 0.01% | $0 |
| BrioDirect vs Chime | 3.75% | $0 |
| BrioDirect vs CIT Bank | 4.00% | $100 |
| BrioDirect vs Discover Bank | 3.50% | $0 |
| BrioDirect vs Elevault | 4.60% | $0 |
| BrioDirect vs EverBank | 4.30% | $0 |
| BrioDirect vs Fitness Bank | 4.75% | $100 |
| BrioDirect vs FVCbank | 4.35% | $500 |
| BrioDirect vs GO2bank | 4.50% | $0 |
| BrioDirect vs Marcus by Goldman Sachs | 3.65% | $0 |
| BrioDirect vs Neighbors Bank | 4.60% | $0 |
| BrioDirect vs Newtek Bank | 4.35% | $0 |
| BrioDirect vs Peak Bank | 4.35% | $100 |
| BrioDirect vs Pibank | 4.60% | $0 |
| BrioDirect vs Presidential Bank | 4.50% | $5,000 |
| BrioDirect vs Santander Bank | 0.03% | $25 |
| BrioDirect vs SoFi Bank | 3.80% | $0 |
| BrioDirect vs Synchrony Bank | 3.80% | $0 |
| BrioDirect vs TIMBR | 4.40% | $1,000 |
| BrioDirect vs UFB Direct | 4.21% | $5000 |
| BrioDirect vs Varo Bank | 5.00% | $0 |
| BrioDirect vs Wells Fargo | 2.51% | $25 |
| BrioDirect vs Zynlo Bank | 4.35% | $10 |