What are the minimum deposit requirements?

The minimum deposit requirement for American Express Personal Savings accounts is $1. This means that you can open an account with just $1 and start earning competitive interest rates on your savings. There is no need to deposit a large sum of money to benefit from the features and benefits of the account. Whether you are starting to save or looking to grow your savings, the $1 minimum deposit requirement makes it accessible and convenient for individuals of all financial backgrounds. Additionally, there are no monthly fees or hidden charges associated with the account, allowing you to save and earn interest without worrying about unnecessary expenses.