Editorial confidence (30%), cost (25%), value (25%), accessibility (20%) — scored consistently across every product, independent of compensation.
At a glance
1-year CD APY: ~5.00% (Verified at americanexpress.com, Jun 2026 — confirm before opening)
Minimum deposit: $0 (No minimum to open)
Terms available: 6–60 months (Multiple terms across short and long spectrum)
FDIC: Insured (American Express National Bank — $250K coverage)
Who American Express Business CD is best for
Businesses that want a competitive fixed-rate CD from a nationally recognized institution without moving to a smaller online bank.
Pros
Competitive APY with no minimum deposit — accessible for businesses opening their first CD (verified Jun 2026 at americanexpress.com)
Issued by American Express National Bank, a well-capitalized FDIC-member institution
No monthly fee — the full APY compounds for the full term
Multiple term options support laddering strategies
FDIC insured up to $250,000 per depositor (FDIC, fdic.gov)
Cons
Early-withdrawal penalty applies — review penalty schedule at americanexpress.com before opening
Online-only — no branch access
No checking account companion within the American Express business banking suite
American Express Business CD requirements
Business type: US-registered business entity
Tax ID: Business EIN required
Minimum deposit: $0 — no minimum to open
Application: Online via americanexpress.com
US-registered business entity
Business EIN required
No minimum deposit
Online application via americanexpress.com
American Express Business CD rates & fees
American Express Business CD requires no minimum deposit and carries no monthly fee. The 1-year CD APY is approximately 5.00% (verified at americanexpress.com, Jun 2026) — fixed at opening for the full term. Terms range from 6 to 60 months; an early-withdrawal penalty applies if funds are accessed before maturity.
American Express Business CD — Competitive business CD APY from an established institution, no monthly fee. Best for: Businesses that want a competitive fixed-rate CD from a nationally recognized institution without moving to a smaller online bank.. Compare it against alternatives before applying; the right fit depends on your situation, credit, and goals.
Questions about American Express Business CD
What APY does American Express Business CD pay in 2026?
American Express publishes current Business CD APYs on its official disclosure page at americanexpress.com. As of June 3, 2026, the 1-year rate was approximately 5.00% per live disclosure. CD APYs are fixed at the time of opening for the full term. Always verify the current rate at americanexpress.com before funding. Source: American Express National Bank official disclosure at americanexpress.com; FDIC-insured.
Is ClearValue Lending a bank or CD issuer?
No. ClearValue Lending is not a bank, CD issuer, lender, or financial advisor. This review presents publicly available editorial information about American Express Business CDs. CDs are issued and operated by American Express National Bank. APYs, terms, early-withdrawal penalties, and eligibility are determined solely by American Express National Bank and may change — verify current terms at americanexpress.com before opening.
How we rate
Every pick gets a 1–5 ClearValue Rating computed from four weighted factors: Editorial confidence (30%), Cost (25%), Value (25%), and Accessibility (20%).
Scored consistently across every product and independent of any compensation. Full methodology →
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