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High-Yield Savings Account Comparison

American Express vs. Fitness Bank

American Express's High Yield Savings Account pays 3.00% APY while Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pays 4.05% 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 August 21, 2026

The Bottom Line

Who pays more interest on $10,000? Fitness Bank pays $105 more than American Express annually ($405 vs $300).

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

Aug 21, 2026

Fitness Bank

Fitness Elite Checking & Fitness Savings Combo

Aug 20, 2026
APY3.00%4.05%
Est. Earnings
$5,000+$150
$10,000+$300
$25,000+$750
$5,000+$203
$10,000+$405
$25,000+$1,013
Min Deposit
$0$100

Snapshot view. Rates subject to change.

Terms
-This is a tiered account. To earn the highest tier you must track at least 12,500 avg. daily steps using the FitnessBank Step Tracker app as well as maintain a 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 CompoundingRate Changes Often

Prefer In-Person Banking?

Both of these institutions are online-only. If you need in-branch access, check out our list of savings accounts with brick-and-mortar locations.

Find In-Branch Access

Comparison Analysis

Comparing American Express vs. Fitness Bank

Updated: Invalid Date

Executive Summary

A detailed summary for this comparison is being prepared. Check back soon.

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 (3.75%-4.05% vs 3.00%) on all balances
  • Offers 3 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. $405 vs $300/yr).

Better Returns at $25,000
Fitness Bank

Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pulls ahead with larger amounts (approx. $1013 vs $750/yr).

Best for Simplicity
Fitness Bank

Fitness Bank's Senior Fitness Savings Account offers 3.75% 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

Both offer monthly maintenance-free account options 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 $105 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
$
$

You earn $105 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

3.00% APY

Savings Breakdown

  • Interest Earned
    +$300.00(2.9%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,300.00

Effective APY
3.00%

Fitness Bank

Fitness Elite Checking & Fitness Savings Combo

4.05% APY

Savings Breakdown

  • Interest Earned
    +$405.00(3.9%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,405.00

Effective APY
4.05%

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 $299 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 3.00%+ here
See Top Rates
FeatureAmerican ExpressFitness Bank
APY
3.00%
Verified: 8/21/2026
↘︎ 0.10%90d Change
4.05%
Verified: 8/20/2026
-
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
In-Branch AccessNoNo
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 or NCUA 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 track at least 12,500 avg. daily steps using the FitnessBank Step Tracker app as well as maintain a 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 12 Months Analysis
MetricAmerican ExpressFitness Bank
High Yield Savings AccountSenior Fitness Savings AccountFitness Savings AccountFitness Elite Checking & Fitness Savings Combo
Current APY
3.00%3.75%3.75%4.05%
Trend
Stable Stable Stable Stable
Velocity (bps/mo)
-4.9-9.5-3.4-3.6
Days Since Change
42505050
12-Month High
3.50%4.20%4.50%4.85%
12-Month Low
3.00%3.75%3.75%4.05%
Adjustments / Mo
0.410.170.330.33
Volatility Score
0.0290.0480.0210.020
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 363-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 3.00% with other banks
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American Express vs Citizens Access™2.80%$0.01
American Express vs Climate First Bank4.01%$50
American Express vs E*TRADE from Morgan Stanley3.50%$0
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American Express vs FNBO Direct3.00%$0
American Express vs Forbright Bank4.15%$0
American Express vs GO2bank4.50%$0
American Express vs Happen Bank4.00%$0
American Express vs Ivy Bank3.85%$2,500
American Express vs Marcus by Goldman Sachs3.40%$0
American Express vs Neighbors Bank4.10%$0
American Express vs Newtek Bank4.20%$100
American Express vs Openbank3.80%$500
American Express vs Peak Bank4.01%$100
American Express vs Pibank4.10%$0
American Express vs PNC3.15%$0
American Express vs SoFi Bank3.80%$0
American Express vs Synchrony Bank3.30%$0
American Express vs TD Bank2.50%$0
American Express vs UFB Direct3.46%$5,000
American Express vs Upgrade3.05%$0
American Express vs Varo Bank3.75%$0
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American Express vs Wells Fargo0.05%$25
Compare Fitness Bank's APY of 4.05% with other banks