American Express National Bank
American Express Business CD Review 2026
Updated June 3, 2026
Competitive business CD APY from an established institution, no monthly fee.
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.
At a glance
- 1-year CD APY
- ~5.00%
- Minimum deposit
- $0
- Terms available
- 6–60 months
- FDIC
- Insured
Verified at americanexpress.com, Jun 2026 — confirm before opening
No minimum to open
Multiple terms across short and long spectrum
American Express National Bank — $250K coverage
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
- 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.
Rates & fees last verified at the issuer on 2026-06-03. Always confirm current terms before applying.
American Express Business CD alternatives
Top alternatives worth comparing from Best Business CD Rates 2026.
Live Oak Bank
Live Oak Bank Business CD
Higher APY (~5.10%) from a dedicated small-business bank
First Internet Bank of Indiana
First Internet Bank Business CD
Comparable ~5.00% APY with a wide 3-60 month term range
Capital One, N.A.
Capital One Business CD
Adds hybrid branch access if in-person service matters
Ready to apply?
Application takes minutes. Pre-qualification (where available) uses a soft credit pull with no impact to your credit score.
See if you qualify→Last verified at the issuer on 2026-06-03
The full lineup
See all picks in Best Business CD Rates 2026
Editorial methodology + complete ranking criteria + side-by-side comparison of all picks.
Read the full guide →Bottom line
American Express Business CD scores 4.2 / 5 on the ClearValue Rating — a deterministic editorial composite from the product's own published fees, terms, and eligibility. Best for: Businesses that want a competitive fixed-rate CD from a nationally recognized institution without moving to a smaller online bank.
◆ How we scored it
The ClearValue Rating, broken down.
- Cost
- 35%
- Fit & approval odds
- 30%
- Speed & terms
- 20%
- Transparency
- 15%
Cost (35%), Fit & approval odds (30%), Speed & terms (20%), Transparency (15%) — scored consistently across every product, independent of compensation. Full methodology →
Frequently asked
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.
Related guides
Independent editorial review. ClearValue Lending is a business & personal financing platform — not a lender, broker, or financial advisor. Some links are affiliate links; the issuer may pay a referral commission at no cost to you, which never changes the score. Specific product terms vary; verify with the issuer before applying. See privacy policy.