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frontpageSUCHaDEAL posted Apr 17, 2023 02:14 PM
frontpageSUCHaDEAL posted Apr 17, 2023 02:14 PM

Apple Card Savings Account:

(No Minimum Deposits)

4.15% Interest

Apple Store
527 Comments 328,340 Views
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Deal Details
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

Editor's Notes

Written by SlickDealio
  • About the deal:

Original Post

Written by SUCHaDEAL
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
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

Editor's Notes

Written by SlickDealio
  • About the deal:

Original Post

Written by SUCHaDEAL

Community Voting

Deal Score
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Top Comments

virals1012
411 Posts
3621 Reputation
Here are the links to get started opening this account:

https://learn.applecard.apple/benefits

https://wallet.apple.com/setup/feature/savings
CTownIntegra
16 Posts
80 Reputation
Sign ups are live. In the wallet app, select your Apple Card, go to the top right menu and hit Apple Cash, and change redemption to savings. Enter your social and you're done.
qkumbr
3438 Posts
1659 Reputation
The account is backed by Goldman Sachs - a bank.

526 Comments

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Apr 18, 2023 01:27 AM
1,296 Posts
Joined Aug 2014
dave8686Apr 18, 2023 01:27 AM
1,296 Posts
Does the 4% cap at $3k like T-Mobile money?
Apr 18, 2023 01:35 AM
721 Posts
Joined Sep 2014

This comment has been rated as unhelpful by Slickdeals users.

Apr 18, 2023 01:35 AM
1,342 Posts
Joined Sep 2008
BaudLordApr 18, 2023 01:35 AM
1,342 Posts
Quote from ROBBY69 :
UFB rate now 4.7% (4.81% APY), but still one of the highest savings rates out there.
$5,000 min balance to avoid $10 monthly fee
My UFB app is showing me 5.02% for my preferred savings. Not sure what your referring to.

Edit - so it seems they're no longer offering "preferred savings" to new customers and now marketing a slightly lower rate tier product.

I did get an email from Marcus (GS) that they raised my rates there. Only up to 3.9. I was really hoping they would bump up big time so I could park there instead.
Last edited by Enix82 April 17, 2023 at 08:13 PM.
Apr 18, 2023 01:42 AM
2,232 Posts
Joined Jul 2018

This comment has been rated as unhelpful by Slickdeals users.

Apr 18, 2023 01:42 AM
871 Posts
Joined Jul 2011
HipnotiKApr 18, 2023 01:42 AM
871 Posts
can i do this without an iphone? probably been answered, sorry.
1
Pro
Apr 18, 2023 01:49 AM
2,160 Posts
Joined Jun 2019
Fanime
Pro
Apr 18, 2023 01:49 AM
2,160 Posts
nvm...
Apr 18, 2023 01:52 AM
344 Posts
Joined Jul 2013
EHokieApr 18, 2023 01:52 AM
344 Posts
All the people posting higher rates at another institution, just stop. You don't get the appeal, or you hate anything to do with Apple or GS (more likely Apple). I suspect anyone who cares about this new feature already knows that 4.15 isn't as good as it gets. But to focus on it misses the value added by it being linked to the Apple Card and the Wallet app.
5

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Apr 18, 2023 02:01 AM
127 Posts
Joined Mar 2014
ramenoodlesApr 18, 2023 02:01 AM
127 Posts
Quote from HipnotiK :
can i do this without an iphone? probably been answered, sorry.
At this time, that is correct.
1
Apr 18, 2023 02:11 AM
997 Posts
Joined Feb 2007
HemiMuscleApr 18, 2023 02:11 AM
997 Posts
If you don't get approved for an apple card you cannot get the savings account? Why not?
Apr 18, 2023 02:12 AM
66 Posts
Joined Oct 2022
StrongHaddock8207Apr 18, 2023 02:12 AM
66 Posts
Quote from doboy007 :
Too bad the card is not too useful.
I use it for almost everything. 99 percent of my purchases
1
Apr 18, 2023 02:15 AM
2,806 Posts
Joined May 2018
TimlessApr 18, 2023 02:15 AM
2,806 Posts
Quote from George_P_Burdell :
Bunch of banks are gonna burn when folks start moving money to Apple
This account needs the credit card, so I doubt it.
Apr 18, 2023 02:15 AM
2,806 Posts
Joined May 2018
TimlessApr 18, 2023 02:15 AM
2,806 Posts
Quote from StrongHaddock8207 :
I use it for almost everything. 99 percent of my purchases
Why?
.
1
Apr 18, 2023 02:16 AM
997 Posts
Joined Feb 2007
HemiMuscleApr 18, 2023 02:16 AM
997 Posts
Quote from Timless :
This account needs the credit card, so I doubt it.
yea..my application got denied. So out of luck..
Apr 18, 2023 02:17 AM
281 Posts
Joined Dec 2010
b67Apr 18, 2023 02:17 AM
281 Posts
Quote from doboy007 :
Too bad the card is not too useful.
Very useful for me
1-3% cash back, no international fees and conversion instantly pops up when I pay
4

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Apr 18, 2023 02:18 AM
281 Posts
Joined Dec 2010
b67Apr 18, 2023 02:18 AM
281 Posts
Quote from EHokie :
All the people posting higher rates at another institution, just stop. You don't get the appeal, or you hate anything to do with Apple or GS (more likely Apple). I suspect anyone who cares about this new feature already knows that 4.15 isn't as good as it gets. But to focus on it misses the value added by it being linked to the Apple Card and the Wallet app.
Beats Wells Fargo and similar banks
1

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