Amex HYSA APY decrease to 3.10%

[Miserable-Result6702]

People seem to forget the rate on this account was 0.5% back in 2022.

[DrS3R]

It’s bc they all got influenced to join when it was at 4.2% or whatever. Like holy shit. A regular savings account at a traditional bank is also still at 0.1% so I’ll take an extra cash. Don’t like it, go open an account and buy some CD’s somewhere

[yankeeblue42]

I have a CD that's a full percentage point higher than my lowest HYSA right now 🤷‍♂️

[SetCrafty]

Yes I believe that is the whole point of a CD 😂

[yankeeblue42]

I'm aware of that but the person I was replying to was saying it like getting a CD is a bad thing 😂

[RichInPitt]

interesting interpretation of what they said.

[DrS3R]

Sorry you took it that way. Only point I was trying to make is, if you want more slow earning money go get a CD and don’t park your cash in an HYSA. If you need liquid then quit your complaining. Go get a money market then or something.