American Express vs. FNBO Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | American ExpressHigh Yield Savings Account Jan 21, 2026 | FNBO DirectHigh-Yield Online Savings Account Jan 21, 2026 |
|---|---|---|
| APY | 3.30% | 3.00% |
Est. Earnings | $5,000+$165 $10,000+$330 $25,000+$825 | $5,000+$150 $10,000+$300 $25,000+$750 |
Min Deposit | $0 | $1 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppZelle® Supported | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.20% APY.
Comparison Analysis
Comparing American Express vs. FNBO Direct
As of American Express offers an APY of 3.30% for its High Yield Savings Account, with a minimum balance of $0, compared to FNBO Direct's 3.00% APY for its High-Yield Online Savings Account, with a minimum balance of $0.01.
American Express pays $30 more than FNBO Direct on a $10,000 balance after one year. American Express pays $330, while FNBO Direct pays $300 - an APY advantage for American Express.
Why American Express?
- ✓Higher potential APY (3.30% vs 3.00%) on all balances
- ✓Higher rated iOS app (4.9 vs 4.5)
Why FNBO Direct?
- ✓Higher rated Android app (4.8 vs 3.6)
— Key Feature Differences —
Better Returns at $10,000
American ExpressAmerican Express's High Yield Savings Account earns more on smaller deposits (approx. $330 vs $300/yr).
Better Returns at $25,000
American ExpressAmerican Express's High Yield Savings Account pulls ahead with larger amounts (approx. $825 vs $750/yr).
Best for Simplicity
American ExpressAmerican Express's High Yield Savings Account offers 3.30% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, American Express's High Yield Savings Account pays $30 more interest on a $10,000 balance than FNBO Direct's High-Yield Online Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
American Express offers a High Yield Savings Account with a competitive 3.30% APY, making it the winner in this comparison. This account requires no minimum deposit or balance, has no maintenance fees, and does not mandate direct deposit, making it a straightforward option for savers. In contrast, FNBO Direct's High-Yield Online Savings Account provides a slightly lower APY of 3.00%, with a minimum deposit of $1 and a minimum balance of $0.01. Both accounts are online-only and FDIC-insured, providing solid savings options.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
American Express vs. FNBO Direct Savings Calculator
You earn $30 more with American Express than FNBO Direct 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
Savings Breakdown
- Interest Earned+$330.00(3.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,330.00
FNBO Direct
High-Yield Online Savings Account
Savings Breakdown
- Interest Earned+$300.00(2.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,300.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | American Express | FNBO Direct |
|---|---|---|
| APY | 3.30% Verified: 1/21/2026 ↘︎ 0.20%90d Change | 3.00% Verified: 1/21/2026 Stable (90d) |
| Product Name | High Yield Savings Account | High-Yield Online Savings Account |
| Minimum Deposit | $0 | $1 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.9 Android3.6 | iOS4.5 Android4.8 |
| Zelle® Support | Available Requires Amex Rewards Checking; not available for standalone HYSA. | Available Online division fully supports Zelle. |
| BBB Rating | F | A+ |
| Next Steps | Visit SiteVerify at American Express Non-sponsored link to official site | Visit SiteVerify at FNBO Direct Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | American Express | FNBO Direct |
|---|---|---|
| High Yield Savings Account | High-Yield Online Savings Account | |
Current APY | 3.30% | 3.00% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.5 | -5.7 |
Days Since Change | 22 | 110 |
6-Month High | 3.50% | 3.25% |
6-Month Low | 3.30% | 3.00% |
Adjustments / Mo | 0.33 | 0.17 |
Volatility Score | 0.022 | 0.038 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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