The Apple Card Savings account has been something of a mystery ever since Apple announced it last year. Today, we finally get all of the details.
After total radio silence when it came to the Apple Card high-yield savings account following its initial announcement in October 2022, Apple finally launched the service today for all Apple Card holders.
The Apple Card Savings account gives Apple Card users a personal Goldman Sachs savings account that can hold Daily Cash and be used to transfer funds to and from other bank accounts. Essentially, the service functions to give users another way to manage their finances in conjunction with their Apple Card.
According to Apple, the Apple Card Savings account “offers a high-yield annual percentage yield of 4.15 percent” and has very few requirements for keeping it open.
