Amex High Yield Savings

[Anonymous]

Do they pull your credit for the Amex High Yield Savings account (not the card associated but JUST the savings account)? I notice they ask for your SSN so I assume they do, but if anyone knows for certain that would be great.

Thanks

[Anonymous]

Hi- I just opened one of these accounts a few months ago.  They do a soft pull, just to verify your identity. 

[Anonymous]

you have to give Ssn to open any deposit accont

[Anonymous]

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@Anonymous wrote:

Hi- I just opened one of these accounts a few months ago.  They do a soft pull, just to verify your identity. 

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Thanks. How do you like it so far?

[Anonymous]

This is the Amex online savings account NOT a credit card...

Other then them dropping the APR to 1.30% it's been just fine.  It took a few days for my electronic deposit  to show in the account but it was backdated so I didn't lose any interest.  I haven't withdrawn any funds yet so I have no idea how long that may take, but I'll assume a few days.  Best part is that interest compounds every month, now they just need to raise the rates!  I've only needed customer service once and they were fantasitic!!! 

[Anonymous]

Yeah I have been looking around at Savings accounts and I think I am going to go with Amex or ING Direct. I like the sub-account feature of ING. I also like Amex, and since my go to CC is with them, I thought I might try their Savings product as well.. Despite all the negative press around, I have never had a problem with them in 14 years.

Too bad Penfed does not have better savings rates.