Apple’s New High-Yield Savings Account . Apple Card users can now multiply Daily Cash rewards with the help of a high-yield Savings account from Goldman Sachs, offering 4.15% APY with the additional benefits of no fees, minimum deposit, or balance requirements. Users can easily set up and control their Savings account directly from their Apple Card in Wallet. Once a Savings account is established, all Daily Cash earned by the user will be directly deposited into the account.
Once you set up the account, all Daily Cash earned will automatically be deposited into it, giving you an impressive APY of 4.15%. And the best part? There are no fees, minimum deposits, or balance requirements. You can also change your Daily Cash destination at any time and earn as much as you want. Plus, you can add more funds to your Savings account through a linked bank account or Apple Cash balance. Keep track of your savings and interest earned over time with the easy-to-use Savings dashboard in Wallet. And if you need to withdraw funds, simply transfer them to a linked bank account or Apple Cash card, without any fees. With Apple Card Savings, you can seamlessly spend, send, and save Daily Cash, all in one place.
With absolutely no fees, Daily Cash rewards on every purchase, and tools that encourage users to pay less Apple Card interest, the new Savings account is an exceptional add-on. This fantastic new feature provides users with an unmatched level of privacy and security while they enjoy the full benefits of the Apple Card.