"Apple and Goldman Sachs team up for high-yield savings account with 4.15% interest rate"

Apple has partnered with Goldman Sachs to offer a high-yield savings account for Apple Card users, with an annual percentage yield (APY) of 4.15%, more than 10 times the national average. The account can be set up and managed directly from Apple Card in Wallet, with no fees, minimum deposits, or minimum balance requirements. All future daily cash earned by the user will be automatically deposited into the account, and users can deposit additional funds through a linked bank account or from their Apple Cash balance.