Slickdeals is community-supported.  We may get paid by brands for deals, including promoted items.
frontpage
frontpage
SUCHaDEAL 342K Views
Apr 17, 2023 2:14 PM

Apple Card Savings Account:

4.15% Interest

(No Minimum Deposits)at Apple Store
Get Deal at Apple Store
Good Deal?
525Comments
Save
Share
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
+348
Good Deal
Get Deal at Apple Store

Top Comments

virals1012
411Comments
3.6KReputation
Here are the links to get started opening this account:

https://learn.applecard.apple/benefits

https://wallet.apple.com/setup/feature/savings
Go to Comment
CTownIntegra
16Comments
80Reputation
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.
Go to Comment
qkumbr
3.8KComments
1.8KReputation
The account is backed by Goldman Sachs - a bank.
Go to Comment

Join The Conversation

Share your experience with the Slickdeals community

Share information with the community. Please follow our Community Guidelines and be kind!

526 Comments

Sign up for a Slickdeals account to remove this ad.

Apr 18, 2023 2:16 PM
1 Comments
Joined Sep 2015
butlerproductionsApr 18, 2023 2:16 PM
1 Comments
Quote from ChronoTriggered View quoted comment :
Hit Apple Card, top right menu says Scheduled Payments, Daily Cash, Card Details, and Notifications. If I go to any of those, I see nothing that says Apple Cash and about changing redemption to savings.

Anyone also see what I see or can help? Thanks.
Update your iOS software to 16.4.
Apr 18, 2023 2:24 PM
1.1K Comments
Joined Nov 2019
mihscrApr 18, 2023 2:24 PM
1.1K Comments
Quote from doboy007 View quoted comment :
Too bad the card is not too useful.
There card's been extremely useful for me. No fees of any kind, and when traveling abroad no foreign transaction or FX fees.

Plus, customer service is one text message away. I don't need to wait on the phone because of "higher-than-usual call volumes."
Apr 18, 2023 2:29 PM
2K Comments
Joined May 2008
fatlardoApr 18, 2023 2:29 PM
2K Comments
Quote from vr1 View quoted comment :
Is it true the withdrawal limit is 10k per day and 20k per week?
Someone mentioned it was for Apple Cash, not the savings. I didn't look into it though.
Apr 18, 2023 2:32 PM
55 Comments
Joined Aug 2013
qAnon20201231Apr 18, 2023 2:32 PM
55 Comments
Quote from zyrst View quoted comment :
that's negligible money. say you spend $300 through apple pay in a day, you get $6 cash back, then earn a quarter in Saving after one year. well still better than nothing.
I agree with you.

The fundamental idea is nobody should spend money in order to use the coupon, or in this case get 2% cash back. However, if you must spend money, it's better having the cash back sitting at a 4% account than a 0% account.
Apr 18, 2023 2:35 PM
103 Comments
Joined Nov 2017
karpo1Apr 18, 2023 2:35 PM
103 Comments
Fidelity Government Money Market 4.58%
2
Apr 18, 2023 2:41 PM
5.5K Comments
Joined Nov 2007
MBZ321Apr 18, 2023 2:41 PM
5.5K Comments
Quote from TekkenLord View quoted comment :
PayPal matches this rate as well.
Paypal savings is just relabeled Synchrony Bank. Might as well skip the middle-man and open an account with them directly.
1
Apr 18, 2023 2:43 PM
45 Comments
Joined Apr 2018
AmusedApple9131Apr 18, 2023 2:43 PM
45 Comments
Quote from MBZ321 View quoted comment :
Paypal savings is just relabeled Synchrony Bank. Might as well skip the middle-man and open an account with them directly.
Isn't apple the middleman here?

Sign up for a Slickdeals account to remove this ad.

Apr 18, 2023 2:44 PM
9.5K Comments
Joined Dec 2013
doboy007Apr 18, 2023 2:44 PM
9.5K Comments
Quote from EHokie View quoted comment :
EVERYONE KNOWS! Jesus, the anti-Apple Card crowd is very motivated to tell everyone how other cards offer more cash, higher equivalent points, or purchase protections. Everyone knows. It's about the interface, the widget, cash back deposited daily, no FTF, and more. These things add value, for many people, far exceeding another .5% cash back.
Chill dude laugh out loud
3
Apr 18, 2023 2:45 PM
83 Comments
Joined Mar 2015
iyouryApr 18, 2023 2:45 PM
83 Comments
Quote from vr1 View quoted comment :
Is it true the withdrawal limit is 10k per day and 20k per week?
I think that is if you want to transfer from the saving > apple cash card. However, if you want to transfer from the saving > external account there is not limit.
From apple website:
Apple is not a financial institution. Apple Card and Savings are issued and provided by Goldman Sachs Bank USA, Salt Lake City Branch. Member FDIC.
Apple Cash is provided by Green Dot Bank, Member FDIC. Transfers to Apple Cash must be at least $1.00 and can be no more than $10,000. You may transfer no more than $20,000 per rolling 7-day period. Additional limits on the amount and frequency of transfers may be placed for the security of your Savings account.
Published Date: April 17, 2023
Apr 18, 2023 2:59 PM
92 Comments
Joined Feb 2023
SpyCrackerApr 18, 2023 2:59 PM
92 Comments
Quote from EHokie View quoted comment :
EVERYONE KNOWS! Jesus, the anti-Apple Card crowd is very motivated to tell everyone how other cards offer more cash, higher equivalent points, or purchase protections. Everyone knows. It's about the interface, the widget, cash back deposited daily, no FTF, and more. These things add value, for many people, far exceeding another .5% cash back.
Most of them owns a samsung Smilie Can't be explained otherwise
1
1
Apr 18, 2023 3:00 PM
34 Comments
Joined May 2022
FantasticHamster194Apr 18, 2023 3:00 PM
34 Comments
Quote from Applecorebaltimore View quoted comment :
Declined for having a Marcus savings account. "Duplicate account " they says.
ymmv i guess, I just opened this while having a Marcus account.
Apr 18, 2023 3:05 PM
5.5K Comments
Joined Nov 2007
MBZ321Apr 18, 2023 3:05 PM
5.5K Comments
Quote from AmusedApple9131 View quoted comment :
Isn't apple the middleman here?
I was quoting someone that mentioned PayPal savings, but yes, the same holds true.
Apr 18, 2023 3:12 PM
370 Comments
Joined Apr 2018
dpidApr 18, 2023 3:12 PM
370 Comments
Quote from George_P_Burdell View quoted comment :
Bunch of banks are gonna burn when folks start moving money to Apple
Like when they rolled out their credit card?
Apr 18, 2023 3:19 PM
1.9K Comments
Joined Jun 2014
gorillatechmanApr 18, 2023 3:19 PM
1.9K Comments
LOL@ the people who think that they're smart that keep mentioning other places that might have a slightly higher rate.

It's not just about the rate, it's about the overall package and the extreme convenience and ease of use. It literally took me less than a minute to open my account yesterday. It was the most hassle free and quickest account opening I've ever done.

The average person is not a financial wizard and they just want something that's simple and easy and effective to use and this savings account fits the bill. The average person is not going to go and buy T-bills every few weeks or months or open up an account at another no-name place that gives a fraction of a percentage higher rate.

The servers were under stress yesterday, as there were no doubt tons of people opening up accounts, as all it takes is basically a few button clicks.
Last edited by gorillatechman April 18, 2023 at 08:32 AM.

Sign up for a Slickdeals account to remove this ad.

Apr 18, 2023 3:21 PM
435 Comments
Joined Aug 2014
dedezuApr 18, 2023 3:21 PM
435 Comments
Quote from karpo1 View quoted comment :
Fidelity Government Money Market 4.58%
Thank you for reminder. Change my cash core position to spaxx

Join The Conversation

Share your experience with the Slickdeals community

Share information with the community. Please follow our Community Guidelines and be kind!

Related Searches

FinanceSlickdeals News & ArticlesPersonal FinanceApple