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Apple launches savings account with 4.15% interest rate

Apple launches savings account with 4.15% interest rate

CBSN
Tuesday, April 18, 2023 04:00:06 AM UTC

Apple has announced a new way for Apple Card users to grow their Daily Cash rewards using a savings account from Goldman Sachs.

According to the company, the accounts will offer a 4.15% APY with no fees, minimum deposits or minimum balance requirements.

"Our goal is to build tools that help users lead healthier financial lives," vice president of Apple Pay and Apple Wallet Jennifer Bailey said in a statement.

Read full story on CBSN
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