Apple is offering an
Apple Card Savings Account with 4.15% Interest.
Thanks to Community Member
SUCHaDEAL for finding this deal.
- High-yield APY of 4.15%
- No Fees
- No Minimum Deposits
- No Minimum Balance Requirements
- No Foreign Transaction Fees
What you need to open and maintain an account:- Be an owner or co-owner of an active Apple Card account and add Apple Card to your iPhone.
- Be at least 18 years or older.
- Have a social security number or individual taxpayer identification number.
- Be a U.S. resident with a valid, physical U.S. address.
- Set up two-factor authentication for your Apple ID and update to the latest version of iOS.
How to set up Savings:- On your iPhone, open the Wallet app and tap Apple Card.
- Tap the More button, then tap Daily Cash.
- Tap Set Up next to Savings, then follow the onscreen instructions.
- Additional Setup Information
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Our community has rated this post as helpful. If you agree, why not thank gorillatechman
You get Apple Cash deposited into your Apple Cash account every day, after purchases.
And now that Apple Cash will earn interest in the savings account, so it's a win/win situation.
If you don't have an Apple Card and you already get better interest elsewhere and you don't care about nice looking GUIs and ease of use, then just stick with what you have I guess.
Our community has rated this post as helpful. If you agree, why not thank gorillatechman
When you apply for an Apple Card, if they accept you, they will make an offer, showing you what credit limit they will give you.
You can then either choose to accept or decline.
If you decline, then it'll only be a soft pull on your credit.
If you accept, you will get a hard pull, just like with any other card.
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You get Apple Cash deposited into your Apple Cash account every day, after purchases.
And now that Apple Cash will earn interest in the savings account, so it's a win/win situation.
If you don't have an Apple Card and you already get better interest elsewhere and you don't care about nice looking GUIs and ease of use, then just stick with what you have I guess.
Interest that you earn is compounded daily and credited to your Savings account monthly.
Our community has rated this post as helpful. If you agree, why not thank ab2305
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One of the most disappointing things about the card is the lack of a sign-up bonus. Very few rewards cards offer no sign-up bonus."
(ThePointsguy/March 2023)
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