RIP banks
I get almost 4.6% and am not tied to Apple's ecosystem, so I doubt banks care.
Apple Card’s new high-yield Savings account is now available, offering a 4.15 p
21–30 of 306 posts
Re: Apple Card’s new high-yield Savings account is now available, offering a 4.15 p
#22RIP banks
Well it's through Goldman Sachs, so no
Re: Apple Card’s new high-yield Savings account is now available, offering a 4.15 p
#23I feel somewhat confused; my current Wells Fargo saving account APY is 0.01% where did I go wrong? Seems like I might be shifting my money to a new home. Edit: In the very least it will educate many uninformed folks like myself they are getting shafted at their current banks. Double edit: Thank you for all the helpful links and information!
You probably didn’t bother to change it when interest rates rose.
Re: Apple Card’s new high-yield Savings account is now available, offering a 4.15 p
#24Why does this pay more interest than Marcus?
Yeah was curious about this too. From the article:
> Starting today, Apple Card users can choose to grow their Daily Cash rewards with a Savings account from Goldman Sachs, which offers a high-yield APY of 4.15 percent
Meanwhile, Marcus by Goldman Sachs just bumped their APY to 3.9%.
https://www.bankrate.com/banking/savings/marcus-savings-rate...
Re: Apple Card’s new high-yield Savings account is now available, offering a 4.15 p
#25I feel somewhat confused; my current Wells Fargo saving account APY is 0.01% where did I go wrong? Seems like I might be shifting my money to a new home. Edit: In the very least it will educate many uninformed folks like myself they are getting shafted at their current banks. Double edit: Thank you for all the helpful links and information!
should have switched to a high yield savings account years ago
Re: Apple Card’s new high-yield Savings account is now available, offering a 4.15 p
#26I feel somewhat confused; my current Wells Fargo saving account APY is 0.01% where did I go wrong? Seems like I might be shifting my money to a new home. Edit: In the very least it will educate many uninformed folks like myself they are getting shafted at their current banks. Double edit: Thank you for all the helpful links and information!
Are you sure it's not 1% ?
Re: Apple Card’s new high-yield Savings account is now available, offering a 4.15 p
#27It is interesting that there is no direct deposit requirement for this account. Most traditional (Truist, BofA) and competitor banks (Sofi) offer incentives to encourage direct deposit for the end users. I wonder what other strategies Apple will be using to drive deposits in lieu of this. It is also in Apple's best interest to drive deposits, as most of these agreements end up with the bank (GS) and the provider (App…
>I wonder what other strategies Apple will be using to drive deposits in lieu of this. Their cult following takes care of that honestly
But that metric discover savings must have quite a cult as well
Re: Apple Card’s new high-yield Savings account is now available, offering a 4.15 p
#28Apple's Barrel of Savings? Apple Crate?
AppleCore Savings Plus
iWealth Maximizer Account
AppleGrow High-Yield Account
Orchard Interest Advantage
Cupertino Cash Accelerator
AppleSeed WealthGrower Account
AppleCore SavingsMaximizer Account
iSave FinancialBoost Account
OrchardPro High-Yield Account
GoldenDeluxe InterestPlus Account
And my favorite:
SaveDifferent
Re: Apple Card’s new high-yield Savings account is now available, offering a 4.15 p
#29How many of you got the card just to have a titanium Apple card, and never used it, or was that just me?
The 2% back on all touchless/apply pay integrations is what sold it for me.
I got hooked on Apple Card when my other Visa got suddenly suspended after I made a legit purchase abroad, and I was in a store and I had the Apple Card up and running in less than 1 minute on my iPhone. Really changed my perception of how the credit card experience should work.
Re: Apple Card’s new high-yield Savings account is now available, offering a 4.15 p
#30RIP banks
Nah it's just a partnership with Goldman.