Amex launches 2.95% APY business savings account to compete in B2B banking.

American Express launched a new product on September 16, 2026.

Primary

American Express

Date

September 16, 2026

Sub-sector

Treasury / Cash Management

Shows incumbent banks moving into treasury/cash management for SMBs with competitive rates. Relevant context for fintech builders in B2B payments and treasury, but Amex's scale means small fintechs cannot directly compete—more of a market signal than actionable threat.

Primary company

American Express

Counterparty

Not disclosed

Amount

Not disclosed

Event date

September 16, 2026

Sub-sector

Treasury / Cash Management

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PYMNTS

Source: pymnts.com