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Can I set up direct deposit for my American Express - Personal Savings account?

Asked 3 months ago
American Express National Bank does not allow for direct deposit setups directly into Personal Savings accounts. Instead, the bank focuses on providing a straightforward savings experience with competitive interest rates and no monthly fees. Customers typically deposit funds into their savings accounts through electronic transfers from other banks, checks, or wire transfers. For individuals looking to receive payments, such as income or benefits, it would be advisable to consider alternative options, such as using a checking account that supports direct deposit and then transferring the funds to their American Express savings account afterward. This method can be efficient for managing funds and ensuring that individuals can take advantage of the higher interest rates offered by American Express for their savings. For any specific inquiries or to explore available options, it would be beneficial to visit the relevant American Express National Bank web page. There, you can find updated information and resources regarding account features and transferring funds to better suit your needs.
Answered Sep 5th 2025

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