American Express vs. TIMBR
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | American ExpressHigh Yield Savings Account Jan 21, 2026 | TIMBRPremium Savings Account Jan 21, 2026 |
|---|---|---|
| APY | 3.30% | 4.15% |
Est. Earnings | $5,000+$165 $10,000+$330 $25,000+$825 | $5,000+$208 $10,000+$415 $25,000+$1,038 |
Min Deposit | $0 | $1,000 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppZelle® Supported | FDIC InsuredLow Minimums |
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.
Comparison Analysis
Comparing American Express vs. TIMBR
As of American Express offers an APY of 3.30% for its High Yield Savings Account, with a minimum balance of $0, compared to TIMBR's 4.15% APY for its Premium Savings Account, with a minimum balance of $0.
TIMBR pays $85 more than American Express on a $10,000 balance after one year. American Express pays $330, while TIMBR pays $415 - an APY advantage for TIMBR.
Why American Express?
- ✓Higher rated iOS app (4.9 vs 0.0)
- ✓Fast transfers via Zelle®
Why TIMBR?
- ✓Higher potential APY (4.15% vs 3.30%) on all balances
— Key Feature Differences —
Better Returns at $10,000
TIMBRTIMBR's Premium Savings Account earns more on smaller deposits (approx. $415 vs $330/yr).
Better Returns at $25,000
TIMBRTIMBR's Premium Savings Account pulls ahead with larger amounts (approx. $1038 vs $825/yr).
Best for Simplicity
TIMBRTIMBR's Premium Savings Account offers 4.15% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, TIMBR's Premium Savings Account pays $85 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.
Executive Summary as of
TIMBR offers a Premium Savings Account with a competitive APY of 4.15%, making it the higher-yielding option compared to American Express's High Yield Savings Account, which earns 3.30% APY. Both accounts are online-only and have no maintenance fees or direct deposit requirements. However, TIMBR requires a minimum deposit of $1,000, while American Express has no minimum deposit. For those seeking simplicity and better returns, TIMBR's account is advantageous, especially for larger deposits.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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American Express vs. TIMBR Savings Calculator
You earn $85 more with TIMBR 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
Savings Breakdown
- Interest Earned+$330.00(3.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,330.00
TIMBR
Premium Savings Account
Savings Breakdown
- Interest Earned+$415.00(4.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,415.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | American Express | TIMBR |
|---|---|---|
| APY | 3.30% Verified: 1/21/2026 ↘︎ 0.20%90d Change | 4.15% Verified: 1/21/2026 ↘︎ 0.25%90d Change |
| Product Name | High Yield Savings Account | Premium Savings Account |
| Minimum Deposit | $0 | $1,000 |
| Min. Balance for APY | $0 | $0 |
| 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 | iOS- Android- |
| Zelle® Support | Available Requires Amex Rewards Checking; not available for standalone HYSA. | Not Supported |
| BBB Rating | F | A+ |
| Next Steps | Visit SiteVerify at American Express Non-sponsored link to official site | Visit SiteVerify at TIMBR Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | American Express | TIMBR |
|---|---|---|
| High Yield Savings Account | Premium Savings Account | |
Current APY | 3.30% | 4.15% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.4 | -1.6 |
Days Since Change | 22 | 13 |
11-Month High | 3.80% | 4.55% |
11-Month Low | 3.30% | 4.15% |
Adjustments / Mo | 0.45 | 0.18 |
Volatility Score | 0.034 | 0.018 |
How to read these metrics(Click to expand)
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