American Express Escalates Business Banking War With High-Yield Savings Launch

American Express launched a new high-yield Business Savings account as part of its strategy to add integrated financial solutions to Amex Business membership, the company said in a Tuesday (Sept. The high-yield Business Savings account offers an annual percentage yield (APY) of 2.95%, as of Tuesday, together with no minimum balance, no monthly maintenance fees, and the ability to make and receive transfers online or through the Amex App . The APY can change at any time before