American Express Launches Integrated Business Banking Suite

American Express launched a high-yield Business Savings account on September 15, 2026, as the centerpiece of a new integrated suite called American Express Business Banking. The savings account provides a 2.95% Annual Percentage Yield with no monthly maintenance fees or minimum balance requirements, allowing customers to manage both checking and savings through a single application.

The company is expanding the suite with two additional features. Later this year, Graphite Business Cash Unlimited Card Members will be able to deposit Reward Dollars directly into their business checking accounts. Additionally, American Express will release a payroll solution powered by Gusto in early next year, which will include AI-powered insights to assist with financial management.

Eva Reda, Executive Vice President of Global Commercial Services, stated that these tools make it easy and rewarding for businesses to manage finances in one place. The initiative is part of a broader strategy to provide integrated financial solutions that automate processes and improve cash flow efficiency for business clients.