"Comparing High-Yield Savings Accounts: Apple vs. Competitors"
TL;DR Summary
Apple has launched a high-yield savings account through Goldman Sachs, offering a 4.15% interest rate to Apple Card customers. The account has no fees, no minimum deposits, and no minimum balance requirements, and a maximum balance of $250,000. However, the account is only available to Apple Card users. Other high-yield savings accounts paying more include CIT Bank, Bread Savings, Upgrade Premier Savings, UFB Premier Savings, and CFG Bank. It is important to consider personal needs and financial goals when choosing a savings account.
- Apple just launched a savings account paying 4.15%. These 5 pay even more. MarketWatch
- Apple’s new iPhone savings accounts turn up the pressure on small banks The Boston Globe
- These 3 Accounts Will Earn You More Than Apple Card Savings' 4.15% APY The Motley Fool
- Is Apple's high-yield savings account worth it? CBS News
- #Apple and Goldman Sachs offer up a savings account for Apple Card members. #shorts Bloomberg Television
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