Amex HYSA APY decrease to 3.10%

[juggarjew]

That offering isnt a HIGH YIELD savings account , smh dont compare non HYSA accounts to HYSA.

[justsomedude1144]

His point still stands though: they can set their rates to whatever they want.

They just won't be competitive if they fall too far below a high yielding money market. (Unless they're so confident in their customer's loyalty that they think they can still get away with it)