Key Points
Apple and Goldman Sachs come together to debut a new savings account for Apple Card users, offering 4.15% in interest...
Apple has taken a step forward in the financial services industry by partnering with Goldman Sachs Group to introduce a new high-yield savings account..
The savings account will be available for Apple Card users in the USA who can earn an annual yield of 4.15%, which is more than 10 times the national average..
Jennifer Bailey, Apples vice president of Apple Pay and Apple Wallet, explained that the savings account is designed to help users get more value out of their Daily Cash Apple Card benefit while making it easier for them to save money every day..
Bailey added, Our goal is to develop tools that assist users in leading healthier financial lives, and integrating Savings into the Apple Card in Wallet enables them to spend, send, and save Daily Cash directly and seamlessly all from one place..
You might be interested in
Apple Card Savings Account Launched! Check minimum balance, fees and APY
18, Apr, 23To build on their Apple Card savings even further, users can deposit additional funds into their Savings account through a linked bank account.