American Express National Bank vs Fidelity (Brokerage Cash)
Head-to-head comparison of American Express High Yield Savings and Fidelity Cash Management Account, updated daily.
Fidelity (Brokerage Cash) currently wins on APY: 4.05% vs 3.20%
| Feature | American Express National BankLive | Fidelity (Brokerage Cash)Updated 1d ago |
|---|---|---|
| APY | 3.20% | 4.05%★ |
| Min opening deposit | $0 | $0 |
| Min balance for APY | $0 | $0 |
| Monthly fee | $0.00 | $0.00 |
| Insurance | FDIC | FDIC |
| Compounding | daily | daily |
| ATM access | No | Yes★ |
| Check writing | No | Yes★ |
| Mobile app | Yes | Yes |
| Editor rating | 4.0 / 5 | 4.6 / 5★ |
American Express National Bank verdict
Amex is the bank you pick when you want zero surprises. It will rarely lead the APY tables, but it will also rarely fall to the bottom — Amex tends to track the Fed Funds rate cleanly. Best for existing Amex card customers who value consolidation.
Read full American Express National Bank review →Fidelity (Brokerage Cash) verdict
Fidelity's Cash Management Account is the cleanest "all-in-one" replacement for both checking and savings if you are willing to use a brokerage. The ATM fee reimbursement is industry-leading. Yield is slightly below the pure-play HYSAs but the convenience and integration usually justify it.
Read full Fidelity (Brokerage Cash) review →