Apple Card Introduces Savings Account with 4.15% APY
Apple Card users can now enjoy a new feature that allows them to earn more on their savings. The tech giant has introduced a savings account with a 4.15% Annual Percentage Yield (APY), which is significantly higher than the national average.
This move is a step towards Apple's goal of providing more financial services to its customers. The savings account is FDIC-insured and has no minimum balance requirement. Users can easily set up automatic transfers from their Apple Cash account to their savings account.
Comments on Apple Card's New Feature
Many Apple Card users are excited about the new savings account feature. Some have expressed their appreciation for the high APY rate and the ease of use. Others have commented on the importance of having a savings account that is separate from their checking account.
Overall, Apple's move towards providing more financial services through its products is a positive development for consumers. With the introduction of the savings account feature, Apple Card users can now enjoy higher interest rates on their savings without having to switch banks.Are you an Apple Card user? What do you think about the new savings account feature? Share your thoughts in the comments below.