Tagged: apple savings

April 2, 2024 @ 8:20 am By JD Alois  |  

After a series of increases in the past few months, Apple Savings (NASDAQ:AAPL) will lower the interest rate paid to account users. The news was first revealed by MacRumors and a reader who tipped off the publication. Reportedly, Apple will be dropping is APY from… Read More

March 1, 2024 @ 4:30 pm By JD Alois  |  

As of today (March 1, 2024), if you have an Apple Card, you may hold up to $1 million in your Apple Savings account. While there is no minimum amount needed to open an account, if you go over the $1M hurdle, Apple (NASDAQ:AAPL) will… Read More

January 5, 2024 @ 11:34 am By JD Alois  |  

Apple Savings APY has been increased to 4.35%. This is the second time that Apple (NASDAQ:AAPL) has increased the savings rate in the past 30 days, increasing it to 4.25% from 4.15% in December. Apple launched its savings feature, offering in partnership with Goldman Sachs… Read More

August 3, 2023 @ 8:09 am By JD Alois  |  

Apple (NASDAQ:AAPL), one of the largest Fintechs in the world, is reporting that its new Savings feature is now holding deposits of over $10 billion. Apple Savings is being offered in partnership with Goldman Sachs (NYSE:GS). Long expected, Apple launched Apple Savings on April 17th… Read More

July 18, 2023 @ 9:26 am By JD Alois  |  

Not too long ago, it was reported that some Apple Savings customers were having difficulty withdrawing funds from their accounts. Apple Savings is a new Fintech feature provided by Apple (NASDAQ:AAPL) and powered by Goldman Sachs (NYSE:GS).  The service offers a relatively high-interest rate for… Read More

May 1, 2023 @ 3:04 pm By JD Alois  |  

While Apple (NASDAQ:AAPL) has not officially announced how Apple Savings is fairing, a recent report indicates that the Fintech offering is already capturing solid interest from Apple device users. Apple launched its anticipated Apple Savings feature in partnership with Goldman Sachs (NYSE:GS) on April 17th…. Read More

April 20, 2023 @ 10:48 am By JD Alois  |  

In recent days, Apple (NASDAQ:AAPL) announced its anticipated savings account in partnership with Goldman Sachs (NYSE:GS). Like all things Apple the process of creating a savings account is streamlined and seamless – taking less than one minute.  The savings account has launched with a solid… Read More

April 17, 2023 @ 10:47 am By JD Alois  |  

As was anticipated last week, Apple (NASDAQ:AAPL) has revealed its savings option paying users an APY of 4.15%, thus creating a compelling option for its customers to hold cash with the neobank/tech firm. According to Apple, Apple Card users will have the option to have… Read More

April 13, 2023 @ 11:35 am By JD Alois  |  

Apple (NASDAQ:AAPL) is just about ready to launch its savings feature for users of its digital wallet – effectively becoming a neobank. While digital banks are chartered entities that provide banking services, neobanks provide bank-like features in partnership with a chartered bank – in this… Read More