American Express vs. Neighbors Bank

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: October 21, 2025

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Summary of American Express vs. Neighbors Bank

Key Metrics at a Glance

Feature	American Express	Neighbors Bank
Top Savings APY	3.50% High Yield Savings Account	4.50% Neighbors Savings Account
Minimum to Open	$0	$0
Minimum Balance for Top APY	$0	$0
Note		Balances up to $250,000 earn 4.50% APY. Anything above will earn 0.05% APY.

American Express

Strengths

American Express offers a competitive APY of 3.50%.
No maintenance fees for the High Yield Savings Account.
High App Store rating of 4.9.

Potential Drawbacks

American Express has an F BBB rating.
No physical branches available.
Google Play rating is only 3.7.

Neighbors Bank

Strengths

Neighbors Bank provides a higher APY of 4.50%.
One physical branch in Columbia, Missouri.
Better Google Play rating of 4.3.

Potential Drawbacks

Neighbors Bank's APY decreased from 4.60% in the last 30 days.
App Store rating is lower at 3.3.
Not BBB Accredited despite an A+ rating.

Summary: American Express offers a solid APY of 3.50% with no fees but lacks branches and has a poor BBB rating. In contrast, Neighbors Bank provides a higher APY of 4.50% and has a physical location, though its APY recently decreased. However, it has lower app ratings and is not BBB Accredited, despite its A+ rating.

→ As of October 21, 2025 American Express offers an APY of 3.50% for its High Yield Savings Account, with a minimum balance of $0, compared to Neighbors Bank's 4.50% APY for its Neighbors Savings Account, with a minimum balance of $0.

→ Neighbors Bank yields $100 more than American Express on a $10,000 balance after one year. American Express pays $350, while Neighbors Bank pays $450 - an APY advantage for Neighbors Bank.

Explore American Express Explore Neighbors Bank

Calculate Savings Growth for American Express vs Neighbors Bank

All calculations are based on APY.

Initial Deposit

Recurring Deposit

Frequency

American Express - High Yield Savings Account

Top 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 Overview

Neighbors Bank - Neighbors Savings Account

Top APY: 4.50%

Total savings breakdown:

Interest earned: $2,760.1 (13.30%)
Total contributions: $13,000 (62.62%)
Initial deposit: $5,000 (24.08%)

Your total balance

$20,760.10

Effective APY: 4.50% (based on your deposit and contributions)

Total balance: $20,760.1

Earnings: $2,760.1

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, American Express's total earnings would be $646 lower than Neighbors Bank's total earnings.

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

Compare American Express' vs Neighbors Bank's Savings Accounts

	American Express		Neighbors Bank
Product	High Yield Savings Account	vs	Neighbors Savings Account
APY	3.50% (as of 10/21/2025)		4.50% (as of 10/21/2025)
Bundled Account	No		No
FDIC-insured	Yes		Yes
Online Only	Yes		No
Compound Frequency	Daily		N/A
Minimum Deposit	$0		$0
Minimum Balance for APY	$0		$0
Maintenance Fee	$0		$0
Direct Deposit Required	No		No
Eligibility	United States		Not available in Delaware.
Note			Balances up to $250,000 earn 4.50% APY. Anything above will earn 0.05% APY.
App Store Rating	4.9/5		3.3/5
Google Play Rating	3.7/5		4.3/5
BBB Rating	F		A+

Comparative Historical APY Insights (Last 8 Months)

	American Express		Neighbors Bank
Product	High Yield Savings Account	vs	Neighbors Savings Account
Latest APY	3.50 %		4.50 %
Trend	Sideways		Sideways
Slope (bps/mo)	-3.4		-0.9
Rate Changes / Mo	0.25		0.25
Days Since Last Change	90		7
High (-8 m)	3.70 %		4.75 %
Low (-8 m)	3.50 %		4.50 %
Draw-down from High	-5.4 %		-5.3 %
Volatility (CV)	0.023		0.009

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 8 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 (-8 m): Highest APY in the last 237 days.
Low (-8 m): Lowest APY in the last 237 days.
Draw-down from High: How far today sits below the 8-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.

More Comparisons

Compare American Express' APY of 3.50% with other banks

Bank Pair	Competitor APY	Min Deposit
American Express vs Ally Bank	3.40%	$0
American Express vs Axos Bank	4.51%	$0
American Express vs Bank of America	0.01%	$100
American Express vs Barclays	4.10%	$0
American Express vs Bask Bank	4.05%	$0
American Express vs BrioDirect	4.20%	$5,000
American Express vs Capital One	3.40%	$0
American Express vs Chase Bank	0.01%	$0
American Express vs Chime	3.50%	$0
American Express vs CIT Bank	3.85%	$100
American Express vs Citizens Access™	3.50%	$0.01
American Express vs Discover Bank	3.40%	$0
American Express vs Elevault	4.34%	$0
American Express vs EverBank	4.05%	$0
American Express vs Fitness Bank	4.75%	$100
American Express vs FNBO Direct	3.00%	$1
American Express vs FVCbank	4.10%	$500
American Express vs GO2bank	4.50%	$0
American Express vs LendingClub	4.20%	$0
American Express vs Marcus by Goldman Sachs	3.65%	$0
American Express vs Newtek Bank	4.35%	$0
American Express vs Peak Bank	4.20%	$100
American Express vs Pibank	4.60%	$0
American Express vs Presidential Bank	4.50%	$5,000
American Express vs Santander Bank	0.01%	$25
American Express vs SoFi Bank	4.50%	$0
American Express vs Synchrony Bank	3.80%	$0
American Express vs TIMBR	4.40%	$1,000
American Express vs UFB Direct	3.96%	$5000
American Express vs Valley Direct	4.10%	$1,000
American Express vs Varo Bank	5.00%	$0
American Express vs Wells Fargo	0.05%	$25
American Express vs Zynlo Bank	4.20%	$10

Compare Neighbors Bank's APY of 4.50% with other banks

Bank Pair	Competitor APY	Min Deposit
Neighbors Bank vs Ally Bank	3.40%	$0
Neighbors Bank vs Axos Bank	4.51%	$0
Neighbors Bank vs Bank of America	0.01%	$100
Neighbors Bank vs Barclays	4.10%	$0
Neighbors Bank vs Bask Bank	4.05%	$0
Neighbors Bank vs BrioDirect	4.20%	$5,000
Neighbors Bank vs Capital One	3.40%	$0
Neighbors Bank vs Chase Bank	0.01%	$0
Neighbors Bank vs Chime	3.50%	$0
Neighbors Bank vs CIT Bank	3.85%	$100
Neighbors Bank vs Citizens Access™	3.50%	$0.01
Neighbors Bank vs Discover Bank	3.40%	$0
Neighbors Bank vs Elevault	4.34%	$0
Neighbors Bank vs EverBank	4.05%	$0
Neighbors Bank vs Fitness Bank	4.75%	$100
Neighbors Bank vs FNBO Direct	3.00%	$1
Neighbors Bank vs FVCbank	4.10%	$500
Neighbors Bank vs GO2bank	4.50%	$0
Neighbors Bank vs LendingClub	4.20%	$0
Neighbors Bank vs Marcus by Goldman Sachs	3.65%	$0
Neighbors Bank vs Newtek Bank	4.35%	$0
Neighbors Bank vs Peak Bank	4.20%	$100
Neighbors Bank vs Pibank	4.60%	$0
Neighbors Bank vs Presidential Bank	4.50%	$5,000
Neighbors Bank vs Santander Bank	0.01%	$25
Neighbors Bank vs SoFi Bank	4.50%	$0
Neighbors Bank vs Synchrony Bank	3.80%	$0
Neighbors Bank vs TIMBR	4.40%	$1,000
Neighbors Bank vs UFB Direct	3.96%	$5000
Neighbors Bank vs Valley Direct	4.10%	$1,000
Neighbors Bank vs Varo Bank	5.00%	$0
Neighbors Bank vs Wells Fargo	0.05%	$25
Neighbors Bank vs Zynlo Bank	4.20%	$10