Friday, December 2, 2011 - 3:33 PMSo Far The Best Yet
American Express Bank, FSB 
(
5 stars)
Although their interest rate has continually dropped in the past 6 months, I keep reading about horrible experiences people have had at other banks. American Express has been great. They aren't trying to steal your money. They do not charge you odd fees. You can move money around to different accounts very easily.
They have been fantastic.
5
demichej1 posts since
Dec 2, 2011
Rep Points: 5
1. Saturday, December 3, 2011 - 9:50 PMBe sure to read their disclosure concerning CD's and early withdrawals. It looks like the actual penalty can vary based on an unusual formula they call "CRV". The disclosure has a lengthy and hard to understand description of this "Cost Recovery Value" penalty. Better rates and straight-forward CD early withdrawal penalties can easily be found elsewhere.
3
JimMartin911 posts since
May 26, 2011
Rep Points: 53
