According to the company, the accounts will offer a 4.15% APY with no fees, minimum deposits or minimum balance requirements. Starting today, Apple Card users can choose to grow their Daily Cash rewards with a Savings account from Goldman Sachs. We are excited to introduce this new offering a...
Apple just launched a new high-yield savings account. Here's how you can compare it to other high-yield accounts today.
Apple's high-yield interest rate isn't the best on the market, and the account is more exclusive than others. While users don't have to worry about monthly service fees or minimum balance requirements, there is still the problem of needing an Apple Card, and thus a credit check, to eve...
Apple Card owners can open a high-yield savings account from Goldman Sachs that houses Daily Cash, with Daily Cash automatically deposited when it is accrued. There are no minimum fees, no minimum deposits, and no minimum balance requirements. The Savings account has a 3.9 APR, though Apple...
Minimum balance requirements and other conditions vary per account. APYs can change at any time, so we cannot guarantee the accuracy of the rates listed above. Apple launched its savings account in April 2023, in partnership with Goldman Sachs. The account can be opened and managed in the ...
Months after its first announcement, Apple Savings is now available to Apple Card users, with users able to route Daily Cash rewards into a new 4.15% high-yield savings account.
Then tap Edit. You can change the amount to automatically be added, the minimum balance, and your payment method.Get Daily Cash with Apple CardIf you have an Apple Card and an Apple Cash account in good standing, you can get Daily Cash3 back on every purchase that you make with it....
Since Apple Card and Apple Card Savings can be opened and managed without any additional fees and no minimum balance requirements, Goldman Sachs was said to be spending around $350 acquiring each customer. In total, the bank had lost around $1.2 billion in 2022 for each Apple Card customer,...
It comes with no fees, no minimum deposits, and no minimum balance requirements. Users can easily set up and manage their Savings account directly from Apple Card in Wallet. “Savings helps our users get even more value out of their favorite Apple Card benefit — Daily Cash — while ...
You can choose to direct Daily Cash to a Savings account or to an Apple Cash card. If you do not have either set up to receive your Daily Cash, it can be applied as statement credit. Apple Card and Savings accounts are issued or provided by Goldman Sachs Bank USA, Salt Lake City Bra...