American Express Rewards Checking review — rated 4.6/5 from 2,140 reviews. Best for existing amex cardholders.
Earn 1.00% APY plus Membership Rewards on debit purchases. American Express Rewards Checking is offered by American Express National Bank and currently holds an average rating of 4.6 out of 5 across 2,140 user reviews. It falls into the Checking category and tends to be the strongest fit for existing amex cardholders.
Editorial grade: A- (composite score 87/100).
Monthly fee: $0/month. Minimum to open: $0. Current APY: 1.00%. Rates and promotional offers change often, so we re-verify every listed number on a rolling schedule and stamp the review with the date of the most recent check.
Our bank-account reviews weight APY (30%), fees (20%), access and convenience (15%), account features (15%), trust and safety (10%), and customer support (10%). We open and fund every account to verify rates, check transfer speeds, and test the mobile app on both iOS and Android. For this review of American Express Rewards Checking, our editors funded an account, walked through the full onboarding flow, and compared the experience to the other products in the Checking shortlist. Scores are not influenced by affiliate relationships — partners cannot pay for better rankings, and our rubric is the same for every brand.
Read our full editorial methodology and advertiser disclosure for more on how we fund our testing and why that matters for the reviews you read here.