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 3.80% APY.
Note: Fitness Bank's Fitness Elite Checking & Fitness Savings Combo also needs a checking account.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Fitness Bank pays $80 more than American Express annually ($380 vs $300).
Choose American Express if you want a no-strings-attached account, you're an iPhone user, 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's Fitness Elite Checking & Fitness Savings Combo pays its top rate only if you also open a checking account with Fitness Bank, while American Express's High Yield Savings Account stands alone.
| Metric | American ExpressHigh Yield Savings Account Sep 11, 2026 | Fitness BankFitness Elite Checking & Fitness Savings Combo Sep 11, 2026 |
|---|---|---|
| APY | 3.00% | 3.80% |
Earns in a year | $5,000+$150 $10,000+$300 $25,000+$750 | $5,000+$190 $10,000+$380 $25,000+$950 |
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 AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often | FDIC InsuredLow MinimumsChecking BundleDaily CompoundingRate Changes Often |
Market Reality Check
Both of these institutions offer rates below the top 10 savings and money market accounts we track. Those institutions all pay at least 4.01% APY.
Comparison Analysis
Comparing American Express vs. Fitness Bank
Executive Summary
Fitness Bank offers a competitive Fitness Elite Checking & Fitness Savings Combo with an APY of 3.80%, making it the highest yielding product between the two banks. This account requires a minimum deposit and balance of $10,000, and customers must track at least 12,500 average daily steps to maintain the top APY. In contrast, American Express provides a High Yield Savings Account with a lower APY of 3.00%, which has no minimum balance or deposit requirements and is available nationwide. Both banks offer online-only services, but Fitness Bank's product may appeal more to those seeking higher returns, especially when bundling with a checking account.
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)
- Higher rated Android app (4.8 vs 0.0)
- Fast transfers via Zelle®
Why Fitness Bank?
- Higher potential APY (3.50%-3.80% vs 3.00%) on all balances
- Offers 3 different high-yield savings options
Key Feature Differences
Better Returns at $10,000
Fitness BankFitness Bank's Fitness Elite Checking & Fitness Savings Combo earns more on smaller deposits (approx. $380 vs $300/yr).
Better Returns at $25,000
Fitness BankFitness Bank's Fitness Elite Checking & Fitness Savings Combo pulls ahead with larger amounts (approx. $950 vs $750/yr).
Better for Simplicity
Fitness BankFitness Bank's Senior Fitness Savings Account offers 3.50% APY with no bundling, direct deposit requirement or caps.
Better for All-in-One Banking
Fitness BankFitness Bank's Fitness Elite Checking & Fitness Savings Combo pays a superior APY for customers who also open a checking account.
Better Mobile App Experience
American ExpressAmerican Express offers an iOS app rated 4.9 (vs. 1.7) and Android app rated 4.8 (vs. 0.0)
Shared Benefits
Over a 1-year period, Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pays $80 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.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
American Express vs. Fitness Bank Savings Calculator
You earn $80 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
Savings Breakdown
- Interest Earned+$300.00(2.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,300.00
Fitness Bank
Fitness Elite Checking & Fitness Savings Combo
Savings Breakdown
- Interest Earned+$380.00(3.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,380.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still at a large branch bank?
A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $295 a year in interest.
Both American Express and Fitness Bank advertise far more than that typical branch-bank rate.
| Feature | American Express | Fitness Bank |
|---|---|---|
| APY | 3.00% Observed: 9/11/2026 0.10%90-day change | 3.80% Observed: 9/11/2026 0.50%90-day change |
| Product Name | High Yield Savings Account | Fitness 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 Frequency | Daily | Daily |
| In-Branch Access | No | No |
| Account Type | Online Only | Online Only |
| Physical Branches | 1 (UT) | Not reported |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | Yes |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Requires Amex Rewards Checking; not available for standalone HYSA. | Not Supported |
| BBB Rating | F | A+ |
| 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 SiteVerify at American Express Non-sponsored link to official site | Visit SiteVerify at Fitness Bank Non-sponsored link to official site |
Compare Savings Rates Over Time
Historical Performance
| Metric | American Express | Fitness Bank | ||
|---|---|---|---|---|
| High Yield Savings Account | Fitness Savings Account | Fitness Elite Checking & Fitness Savings Combo | Senior Fitness Savings Account | |
Current APY | 3.00% | 3.50% | 3.80% | 3.50% |
Trend | Stable | Stable | Stable | Stable |
Speed of change | -0.05 | -0.06 | -0.06 | -0.12 |
Days Since Change | 63 | 3 | 3 | 3 |
12-Month High | 3.50% | 4.45% | 4.75% | 4.20% |
12-Month Low | 3.00% | 3.50% | 3.80% | 3.50% |
Changes per month | 0.41 | 0.33 | 0.33 | 0.25 |
Steadiness | 0.030 | 0.032 | 0.030 | 0.073 |
How to read these metrics(Click to expand)
Trends and speed
- Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
- Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
- Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.
Risk & Range
- High/Low: The absolute ceiling and floor of the rate during the 364-day window.
- Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
- Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.
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More Comparisons
Compare American Express' APY of 3.00% with other banks
Compare Fitness Bank's APY of 3.80% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Fitness Bank vs Ally Bank | 3.00% | $0 |
| Fitness Bank vs Axos Bank | 4.21% | $0 |
| Fitness Bank vs Barclays | 3.65% | $0 |
| Fitness Bank vs Capital One | 3.50% | $0 |
| Fitness Bank vs Chime | 3.75% | $0 |
| Fitness Bank vs CIT Bank | 3.75% | $100 |
| Fitness Bank vs EverBank | 3.90% | $0 |
| Fitness Bank vs Marcus by Goldman Sachs | 3.40% | $0 |
| Fitness Bank vs Newtek Bank | 4.20% | $100 |
| Fitness Bank vs Openbank | 3.80% | $500 |
| Fitness Bank vs Pibank | 4.10% | $0 |
| Fitness Bank vs SoFi Bank | 4.00% | $0 |
| Fitness Bank vs Synchrony Bank | 3.30% | $0 |
| Fitness Bank vs Varo Bank | 3.75% | $0 |
| Fitness Bank vs Wealthfront | 3.95% | $0 |