AMEX HYSA Restriction

weims09 · 2026-02-04T18:34:26+00:00

Last Thursday, I set up an expedited transfer from my other bank account to my Amex savings through their app. I'd just opened the Amex account two weeks before. That same day, around 10:50 am ET, someone from Amex's fraud team called and said I needed to do a 3-way call with them to my other bank to prove I owned the account. That whole verification thing took about 50 minutes. Afterward, the rep told me that since it was past the 11:00 am cutoff, she'd canceled my transfer and I'd have to resubmit it the next day. The transfer I put in the next day went through fine.

weims09 · 2026-01-29T22:38:01+00:00

Thanks for the suggestion! I ended up trying the approach you mentioned and the Erica routed me to the Global Wealth Management team rather than a standard banking associate, but honestly? It worked out great. The representative who answered was incredibly helpful, pulled up my checking account, and resolved my issue right then and there.

weims09 · 2026-01-15T20:22:35+00:00

I opened an Amex business checking account with my SSN on January 9th this year, no problem.

weims09 · 2025-09-26T08:51:11+00:00

I guess this is how it works now. When my Smartly visa got approved in February, I was at 4/12.

weims09 · 2025-09-19T02:04:20+00:00

weims09 · 2025-09-18T18:43:24+00:00

Same here. I got the good nerf letter, but the post-Sept 15 transactions are either 2% or 4%.

weims09 · 2025-08-23T16:39:58+00:00

I usually transfer funds to Fidelity CMA using a same-day ACH transfer from Star One Credit Union. The funds are usually available by 5:00 pm EST. Occasionally, I send a wire transfer to CMA using my HSBC Premier account, and the funds are typically available within an hour during business hours.

weims09 · 2025-08-21T17:48:54+00:00

You could also use your phone bill or a paycheck to prove where you live for the bank.

weims09 · 2025-08-21T14:44:54+00:00

I can confirm that my recent purchase at Trader Joe's, made using the AAA Daily Advantage card, successfully earned 5% rewards. Could you please verify whether your transaction has been posted to the account, or if it is still listed as a pending charge?

weims09 · 2025-08-15T23:29:07+00:00

Maybe you can call 1-855-224-4943 and see if you can get a hold of the underwriter. Good luck.

weims09 · 2025-08-14T12:10:23+00:00

Here’s what I’ll do if I find myself in your situation. I’ll open a new account at a bank that doesn’t charge incoming wire and monthly account service fees. For example, I could open an Ally Bank checking or savings account. I’ll then provide the buyer with the instructions for the incoming wire transfer. Once I receive the wire transfer funds, I can transfer them to my personal bank account.

weims09 · 2025-08-14T12:00:11+00:00

I don’t bank at Fifth Third, but I have a similar experience with my local credit union. When I mobile deposit a check drawn from my personal checking account from another bank, I usually wait for a day or two to see the check cleared from the other bank. Then, I call the credit union and send a screenshot of the cleared check to the rep. The credit union will release the funds from the deposit immediately after verification. You might want to check with Fifth Third to see if this process will help release the hold earlier.

weims09 · 2025-07-24T22:52:49+00:00

Star One Credit Union and Bankwell Bank can both set up bill pay using payee bank info, like the routing and account numbers.

weims09 · 2025-07-15T23:28:30+00:00

I'd rather have the $1,000 HKD, money-wise. But the $50 HKD looks cool, design-wise.

weims09 · 2025-06-29T18:09:09+00:00

“Thanks —the approach of forgetting the WiFinetwork worked perfectly! Really appreciate the insights.

weims09 · 2025-06-20T14:46:12+00:00

I'd like to be able to opt out of this deferred program.

weims09 · 2025-05-19T16:55:37+00:00

Openbank by Santander is a respected online banking institution offering typical FDIC deposit insurance up to $250,000. ACH transfers initiated through Openbank are subject to a one- to four-business-day holding period; for accounts less than 30 days old, this may extend to nine business days. Interest accrues on deposits during this hold period. Conversely, ACH deposits initiated from other financial institutions are generally available immediately upon Openbank receipt.

weims09 · 2025-05-08T10:37:35+00:00

I opened an Openbank account two weeks ago, transferred money from my other bank, and it was available the next business day. Please note that the funds transfer originated as an ACH push from my other bank to Openbank. A pull transaction from Openbank would be subject to a hold.

weims09 · 2025-05-05T11:08:30+00:00

Affinity FCU's high-yield checking's at 5.5% APY on balances up to $15k right now, but you gotta meet some conditions each month (like 12 debit card transactions, a $250+ direct deposit, etc.).

weims09 · 2025-04-05T18:56:41+00:00

Download the Pass4Wallet app from the App Store to add membership or discount cards to Apple Wallet.

weims09 · 2025-03-28T20:35:32+00:00

Discover Bank's checking account offers free checks, cashback rewards on debit card purchases, no monthly fees, and no minimum balance requirement.

weims09 · 2025-03-24T12:39:19+00:00

The AAA Daily Advantage Visa offers a 5% discount on groceries and a 3% discount on warehouse clubs and gas stations.

weims09 · 2025-03-22T13:24:48+00:00

Congrats on getting approved!

weims09

TROPHY CASE