Apple customers face difficulties withdrawing money from Goldman Sachs savings accounts.
TL;DR
Customers of Apple's high-yield savings account, launched in partnership with Goldman Sachs, are experiencing difficulties in transferring their money out of the account. Some customers have reported that their funds disappeared, while others have had to wait for up to seven business days for their money to transfer. Goldman Sachs blamed the delays on "processes in place designed to help protect their accounts." The savings account offers an attractive APY of 4.15%, more than 10 times the national average, but is only available to preexisting users of Apple's credit card.
- Apple customers struggle to get money out of Goldman Sachs-operated savings accounts New York Post
- Apple Customers Say It's Hard to Get Money Out of Goldman Sachs Savings Accounts - WSJ The Wall Street Journal
- Long delays with cash withdrawals is causing some Apple savings account users to flee 9to5Mac
- Apple Savings Users Complain of Delays Withdrawing Money MacRumors
- Apple Savings Account Customers Say It's Hard to Get Their Money Out of Goldman Sachs - WSJ The Wall Street Journal
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