American Express Business Checking
Account terms and deposit structure with claim-level evidence and unresolved questions.
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Evidence and open questions · 9 supported · 2 open
Expanded review of the rendered issuer rates-and-fees disclosure, including the October 1, 2026 APY. Eligibility remains unresolved.
Not established in the retrieved material for this specific account; check the account agreement.
Source 11.00% APY on balances up to $500,000; balances above that earn no interest. Variable rate.
Rendered Rates & Fees table says accurate as of October 1, 2026. Browser retrieval resolved the earlier empty rate placeholder.
Source 1Standard domestic ACH and incoming domestic wires have no fee; outgoing domestic wires cost $25 and same-day outgoing ACH costs $10. Deposit and transaction limits still apply.
Source 1ATM cash deposits are not accepted. This disclosure does not establish another cash-deposit channel.
Source 1No fee at U.S. Allpoint and MoneyPass ATMs. Other operators/networks may charge; withdrawal limits apply. Foreign-currency transactions incur 2.7%.
Source 1American Express National Bank, Member FDIC.
Source 1Account deposits are held at American Express National Bank, Member FDIC; coverage is subject to applicable limits and ownership categories.
Source 1Not established in the retrieved material for this specific account; check the account agreement.
Source 1“Verified” means the linked source states this claim, not that every applicant receives the advertised terms. “Unverified” means the review did not establish the claim; it does not mean the provider publishes no information. Conflicts can reflect retrieval freshness or different offers. How we verify
Application requirements
Not verified in this review; confirm the exact offer.
Check the exact business type, ownership documents and location rules before applying. A listed requirement does not guarantee approval.
Account at a Glance
Where the Deposits Sit
American Express National Bank, Member FDIC.
Account deposits are held at American Express National Bank, Member FDIC; coverage is subject to applicable limits and ownership categories.
Earlier source ledger
These dated records preserve earlier research. Use the claim evidence above for the latest review and any conflicts.
Current public materials state 1.30% APY on balances up to $500,000, no monthly maintenance fee, no minimum balance requirement, and no cost to open the account; APY is variable.
Current page states no monthly maintenance fee or minimum balance requirement, variable APY on balances up to the published cap, Membership Rewards earning on eligible debit purchases, QuickBooks connectivity, and deposit-account issuance by American Express National Bank, Member FDIC.