High-Yield Savings Account Comparison

American Express vs. Fitness Bank

Comparing American Express and Fitness Bank for high-yield savings: American Express's High Yield Savings Account pays 3.30% APY while Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pays 4.50% APY.

Note: Fitness Bank requires a checking account.

See how they compare on rate stability, mobile app ratings, and more below.

Analysis by Aviel Fahl
Updated February 6, 2026

The Bottom Line

Who pays more interest on $10,000? Fitness Bank pays $120 more than American Express annually ($450 vs $330).

Choose American Express if you want a no-strings-attached account, mobile app quality matters, or you want Zelle for quick transfers. Choose Fitness Bank if getting the best rate matters most, or BBB rating matters to you.

Important Considerations

Fitness Bank requires a checking account to unlock its top savings rate, while American Express offers its savings account standalone.

Comparison of American Express vs Fitness Bank savings accounts
Metric

American Express

High Yield Savings Account

Feb 6, 2026

Fitness Bank

Fitness Elite Checking & Fitness Savings Combo

Feb 6, 2026
APY3.30%4.50%
Est. Earnings
$5,000+$165
$10,000+$330
$25,000+$825
$5,000+$225
$10,000+$450
$25,000+$1,125
Min Deposit
$0$100

Snapshot view. Rates subject to change.

Terms
-This is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers.
Features
FDIC InsuredNo MinimumsGreat iOS AppZelle® SupportedDaily CompoundingRate Changes Often
FDIC InsuredLow MinimumsChecking BundleDaily CompoundingStable Rate

Prefer In-Person Banking?

Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.

Find Branch Access

Comparison Analysis

Comparing American Express vs. Fitness Bank

Updated: Feb 6, 2026

Executive Summary

Fitness Bank offers a superior APY of 4.50% with its Fitness Elite Checking & Fitness Savings Combo, making it the winner in this comparison. This account requires maintaining a $5,000 average minimum balance in the checking account and tracking at least 10,000 average daily steps using the FitnessBank Step Tracker app to earn the highest rate. For those seeking a simpler option, the Fitness Savings Account provides a competitive APY of 4.20% without the need for bundling or direct deposit. In contrast, American Express's High Yield Savings Account offers a lower APY of 3.30% with no minimum deposit or maintenance fees, but it does not match the higher returns available at Fitness Bank.

The analysis is based on current Banksparency database records

* This content is provided for informational purposes only; always verify details with the provider.

Why American Express?

  • Higher rated iOS app (4.9 vs 1.7)
  • Fast transfers via Zelle®

Why Fitness Bank?

  • Higher potential APY (4.20%-4.50% vs 3.30%) on all balances
  • Offers 2 different high-yield savings options

— Key Feature Differences —

Better Returns at $10,000
Fitness Bank

Fitness Bank's Fitness Elite Checking & Fitness Savings Combo earns more on smaller deposits (approx. $450 vs $330/yr).

Better Returns at $25,000
Fitness Bank

Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pulls ahead with larger amounts (approx. $1125 vs $825/yr).

Best for Simplicity
Fitness Bank

Fitness Bank's Fitness Savings Account offers 4.20% APY with no bundling, direct deposit requirement or caps.

Best for All-in-One Banking
Fitness Bank

Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pays a superior APY for customers who also open a checking account.

Shared Benefits

Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pays $120 more interest on a $10,000 balance than American Express's High Yield Savings Account.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

American ExpressFitness Bank
Verify At
American Express

Non-sponsored link to official site

Verify At
Fitness Bank

Non-sponsored link to official site

Top Market Contenders

American Express vs. Fitness Bank Savings Calculator

Calculations based on current APY for High Yield Savings Account and Fitness Elite Checking & Fitness Savings Combo
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$

You earn $120 more with Fitness Bank than American Express on a $10,000 initial deposit for 1 year*.

*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.

American Express

High Yield Savings Account

3.30% APY

Savings Breakdown

  • Interest Earned
    +$330.00(3.2%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,330.00

Effective APY
3.30%

Fitness Bank

Fitness Elite Checking & Fitness Savings Combo

4.50% APY

Savings Breakdown

  • Interest Earned
    +$450.00(4.3%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,450.00

Effective APY
4.50%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Still banking with Chase, Bank of America, or Wells Fargo?

On a $10,000 balance, you're missing out on at least $329 per year in interest.

Both American Express and Fitness Bank dramatically outperform the typical 0.01% APY at traditional big banks.

Big banks currently pay 0.01% APY on savings vs 3.30%+ here
FeatureAmerican ExpressFitness Bank
APY
3.30%
Verified: 2/6/2026
↘︎ 0.20%90d Change
4.50%
Verified: 2/6/2026
↘︎ 0.25%90d Change
Product NameHigh Yield Savings AccountFitness Elite Checking & Fitness Savings Combo
Minimum Deposit$0$100
Min. Balance for APY$0$100
Monthly Fee$0$10. Waived for average daily balances > $100
Compound FrequencyDailyDaily
Branch AccessNoneNone
Account Type
Online Only
Online Only
Physical BranchesNoneN/A
Direct Deposit Req.NoneNone
Checking BundleNo Yes
Mobile Apps
iOS4.9
Android3.6
iOS1.7
Android0.0
FDIC Insured
Zelle® Support
Available
Requires Amex Rewards Checking; not available for standalone HYSA.
Not Supported
BBB RatingFA+
Important Notes-This is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers.
Next Steps
Visit Site

Non-sponsored link to official site

Visit Site

Non-sponsored link to official site

📈 Compare Savings Rates Over Time

Historical Performance

Last 11 Months Analysis
MetricAmerican ExpressFitness Bank
High Yield Savings AccountFitness Elite Checking & Fitness Savings ComboFitness Savings Account
Current APY
3.30%4.50%4.20%
Trend
Stable Stable Stable
Velocity (bps/mo)
-3.6-3.5-1.5
Days Since Change
3833
11-Month High
3.70%5.00%4.55%
11-Month Low
3.30%4.50%4.20%
Adjustments / Mo
0.370.280.28
Volatility Score
0.0350.0260.013
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 327-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

More Comparisons

Compare American Express' APY of 3.30% with other banks
Bank PairCompetitor APYMin Deposit
American Express vs Affirm3.20%$0
American Express vs Ally Bank3.30%$0
American Express vs Axos Bank4.21%$0
American Express vs Bank of America0.01%$100
American Express vs Barclays4.00%$0
American Express vs Bask Bank0.25%$0
American Express vs Betterment3.25%$10
American Express vs BMO Alto3.25%$0
American Express vs Bread Savings4.00%$100
American Express vs BrioDirect3.75%$5,000
American Express vs Capital One3.30%$0
American Express vs Carver Bank4.00%$5,000
American Express vs Charles Schwab Bank0.15%$0
American Express vs Chase Bank0.01%$0
American Express vs Chime3.00%$0
American Express vs CIT Bank3.75%$100
American Express vs Citibank3.20%$0
American Express vs Citizens Access™3.15%$0.01
American Express vs Climate First Bank4.21%$50
American Express vs Colorado Federal Savings Bank4.05%$50,000
American Express vs Discover Bank3.30%$0
American Express vs E*TRADE from Morgan Stanley3.35%$0
American Express vs Elevault3.82%$0
American Express vs EverBank3.90%$0
American Express vs FNBO Direct3.00%$1
American Express vs Forbright Bank3.85%$0
American Express vs FVCbank4.00%$500
American Express vs GO2bank4.50%$0
American Express vs Ivy Bank4.00%$2,500
American Express vs Jenius Bank4.05%$0
American Express vs LendingClub4.00%$0
American Express vs Marcus by Goldman Sachs3.65%$0
American Express vs MutualOne Bank4.07%$20,000
American Express vs My Banking Direct4.02%$500
American Express vs Neighbors Bank4.20%$0
American Express vs Newtek Bank4.20%$0.01
American Express vs Openbank4.09%$500
American Express vs Peak Bank4.02%$100
American Express vs Pibank4.60%$0
American Express vs PNC3.30%$0
American Express vs Popular Direct3.90%$100
American Express vs Presidential Bank3.75%$5,000
American Express vs Quontic Bank3.50%$100
American Express vs Salem Five Direct3.61%$10
American Express vs Sallie Mae Bank3.90%$0
American Express vs Santander Bank0.01%$25
American Express vs SoFi Bank4.00%$0
American Express vs Synchrony Bank3.50%$0
American Express vs TD Bank2.36%$0
American Express vs TIMBR4.15%$1,000
American Express vs UFB Direct3.46%$5000
American Express vs Upgrade3.05%$0
American Express vs Valley Direct4.00%$1,000
American Express vs Varo Bank5.00%$0
American Express vs Vio Bank4.02%$100
American Express vs Wealthfront3.95%$0
American Express vs Wells Fargo0.05%$25
American Express vs Zynlo Bank3.85%$10
Compare Fitness Bank's APY of 4.50% with other banks