Everything you need to know about Apple Card Savings Account

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Co-Authored and Reviewed by Gagan Sandhu, MBA - The University of Chicago Booth School of Business, CEO of Xillion
Posted on . 1 min read

Apple has recently launched its highly anticipated Apple Card Savings Account, which enables iPhone users to open a high-yield savings account through Goldman Sachs from the Wallet app offering an annual percentage yield (APY) of 4.15%, which is over ten times the national average.

Here is everything you need to know about it

• 4.15% APY (Annual Percentage Yield)

• Account from Goldman Sachs

• Exclusive for Apple Card Holders

• No Minimum Balance Requirement

• FDIC Insured Upto $250,000

• Maximum Deposit Limit: $250,000

• Zero Fees

• Auto-Credit of Daily Cash Earned

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