American Express vs Fvcbank
High-Yield Savings Accounts Comparison
Last Updated: September 5, 2025
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Summary of American Express vs. FVCbank
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 FVCbank's 4.35% APY for its Advantage Direct Savings account, with a minimum balance of $500.
FVCbank yields $85 more than American Express on a $10,000 balance after one year. American Express pays $350, while FVCbank pays $435 - an APY advantage for FVCbank.
American Express
Strengths
- American Express offers a High Yield Savings Account with a competitive APY of 3.50%.
- No minimum deposit or balance requirement for the High Yield Savings Account.
- American Express has a high App Store rating of 4.9.
Potential Drawbacks
- American Express has an F BBB rating and is not BBB accredited.
- No physical branches available for in-person banking.
- Google Play rating is lower at 3.8.
FVCbank
Strengths
- FVCbank's Advantage Direct Savings offers a higher APY of 4.35%.
- FVCbank has an A+ BBB rating, indicating strong trustworthiness.
- No maintenance fees for the Advantage Direct Savings account.
Potential Drawbacks
- FVCbank requires a minimum deposit and balance of $500.
- FVCbank has a lower App Store rating of 4.4.
- Google Play rating is lower at 3.4.
Summary: American Express offers a lower APY of 3.50% compared to FVCbank's 4.35%. While American Express has no minimum deposit requirements, FVCbank's A+ BBB rating indicates higher trustworthiness. Both banks lack physical branches, but American Express excels with a 4.9 App Store rating compared to FVCbank's 4.4. Users may prefer FVCbank for better APY, while those valuing app performance might lean towards American Express.
Compare American Express' vs FVCbank's Savings Accounts
| American Express | FVCbank | ||
|---|---|---|---|
| Product | High Yield Savings Account | vs | Advantage Direct Savings |
| APY | 3.50% (as of 9/5/2025) | 4.35% (as of 9/5/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | N/A | |
| Minimum Deposit | $0 | $500 | |
| Minimum Balance for APY | $0 | $500 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.9/5 | 4.4/5 | |
| Google Play Rating | 3.8/5 | 3.4/5 | |
| BBB Rating | F | A+ |
Comparative Historical APY Insights (Last 6 Months)
| American Express | FVCbank | ||
|---|---|---|---|
| Product | High Yield Savings Account | vs | Advantage Direct Savings |
| Latest APY | 3.50 % | 4.35 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -4.3 | -4.6 | |
| Rate Changes / Mo | 0.35 | 0.71 | |
| Days Since Last Change | 44 | 42 | |
| High (-6 m) | 3.70 % | 4.55 % | |
| Low (-6 m) | 3.50 % | 4.35 % | |
| Draw-down from High | -5.4 % | -4.4 % | |
| Volatility (CV) | 0.021 | 0.019 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 6 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 (-6 m)
- Highest APY in the last 170 days.
- Low (-6 m)
- Lowest APY in the last 170 days.
- Draw-down from High
- How far today sits below the 6-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 FVCbank
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 OverviewFVCbank
APY: 4.35%
Total savings breakdown:
- Interest earned: $2,662 (12.88%)
- Total contributions: $13,000 (62.92%)
- Initial deposit: $5,000 (24.20%)
Your total balance
$20,662.00
Effective APY: 4.35% (based on your deposit and contributions)
Total balance: $20,662
Earnings: $2,662
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, American Express's total earnings would be $547.9 lower than FVCbank'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 FVCbank's APY of 4.35% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| FVCbank vs Ally Bank | 3.50% | $0 |
| FVCbank vs Axos Bank | 4.46% | $0 |
| FVCbank vs Bank of America | 0.01% | $100 |
| FVCbank vs Barclays | 4.10% | $0 |
| FVCbank vs BrioDirect | 4.30% | $5,000 |
| FVCbank vs Capital One | 3.50% | $0 |
| FVCbank vs Chase Bank | 0.01% | $0 |
| FVCbank vs Chime | 3.75% | $0 |
| FVCbank vs CIT Bank | 4.00% | $100 |
| FVCbank vs Discover Bank | 3.50% | $0 |
| FVCbank vs Elevault | 4.60% | $0 |
| FVCbank vs EverBank | 4.30% | $0 |
| FVCbank vs Fitness Bank | 4.75% | $100 |
| FVCbank vs GO2bank | 4.50% | $0 |
| FVCbank vs Marcus by Goldman Sachs | 3.65% | $0 |
| FVCbank vs Neighbors Bank | 4.60% | $0 |
| FVCbank vs Newtek Bank | 4.35% | $0 |
| FVCbank vs Peak Bank | 4.35% | $100 |
| FVCbank vs Pibank | 4.60% | $0 |
| FVCbank vs Presidential Bank | 4.50% | $5,000 |
| FVCbank vs Santander Bank | 0.03% | $25 |
| FVCbank vs SoFi Bank | 3.80% | $0 |
| FVCbank vs Synchrony Bank | 3.80% | $0 |
| FVCbank vs TIMBR | 4.40% | $1,000 |
| FVCbank vs UFB Direct | 4.21% | $5000 |
| FVCbank vs Varo Bank | 5.00% | $0 |
| FVCbank vs Wells Fargo | 2.51% | $25 |
| FVCbank vs Zynlo Bank | 4.35% | $10 |