Apple Card finally brings Savings account with 4.15% APY

18 April 2023
The feature is developed in partnership with Goldman Sachs.

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  • Anonym
  • J1}
  • 23 Apr 2023

Anonymous, 18 Apr 2023No, its not...the banks all over the world increased the AP... moreThere's no such thing as "in the EU the APY raised to xx," each country within the EU has a nearly independent banking system with wildly different interest rates/policies depending on the country. It doesn't take much to find that in the EU some countries only have (at best) 1% APY on savings, outside of some really exclusive offers with many asterisks. Do not mistake treasury bonds for savings accounts, those are fundamentally different, and only there you can find 4% APY (or higher, if your country is laxed with its economic policy).

    SR, 18 Apr 2023Now apple is cheap with cheap money printed by goverment. ... moresaving in bitcoin is the worst possible way to save money.

      Is this so that they can ask for a bailout later when their other much larger sketchy business goes belly up? "Don't hurt Joe six pack that opened a savings account."

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        • SR
        • xjH
        • 19 Apr 2023

        Anonymous, 18 Apr 2023"Finally brings savings account"...excuse me, wer... moreWhat do you expect from a 2.5 trillion dollar company in long term?
        They need to have stability at some point & if needed they will even launch their own military to protect them.
        That's the truth.
        Even you would engage with such tactics if you had such amount of wealth.
        Same applies to me also.

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          • SR
          • xjH
          • 19 Apr 2023

          lewein, 18 Apr 2023Dude, this sounds like a scam, 4.15% apy is unattainable in... moreJust check interest rate in countries like Argentina, Zimbabwe.
          Check what their largest or most used banks are offering and then you will understand this 4% is nothing.
          I don't think you know about MONEY SUPPLY, FIAT STANDARD SYSTEM.
          Just try to read & research how the whole FIAT CASINO works, that's fascinating but you will curse them who controls the MONEY SUPPLY at last.

            • ?
            • Anonymous
            • ib0
            • 19 Apr 2023

            I see nothing wrong with this .. 4.15% is quite high.
            As mention in the article, its higher than the average..

            I might not be an apple fan as consumer but looking this from the businesses and investment perspectives, they're pretty good. They knows what they are doing with the money.

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              • Sono
              • CHw
              • 18 Apr 2023

              Anonymous, 18 Apr 2023"Finally brings savings account"...excuse me, wer... moreYes

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                • Csc
                • IA4
                • 18 Apr 2023

                Anonymous, 18 Apr 2023Yes, when you have money you definitely don't keep it ... moreI just put $25k on my Apple Savings Account

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                  • Anonymous
                  • Fvd
                  • 18 Apr 2023

                  Anonymous, 18 Apr 2023"never put a money in the bank or trust a woman taking... moreYes, when you have money you definitely don't keep it sitting in a savings account like Apple is offering. You actually invest it in stocks, bonds, or property. Maybe some crypto as well.

                    • ?
                    • Anonymous
                    • B}K
                    • 18 Apr 2023

                    "Finally brings savings account"...excuse me, were people actually asking for this????

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                      • Anonymous
                      • IbI
                      • 18 Apr 2023

                      Now I have no choice but to apply for a shiny, new Apple Card, lol.

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                        • Nope
                        • P%0
                        • 18 Apr 2023

                        lewein, 18 Apr 2023Dude, this sounds like a scam, 4.15% apy is unattainable in... moreDepends on the market. That said, the US rates are abysmal compared to other countries.

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                          • Anonymous
                          • nDy
                          • 18 Apr 2023

                          cyber, 18 Apr 2023never put a money in the bank or trust a woman taking care of it"never put a money in the bank or trust a woman taking care of it"
                          that a line from someone who hasnt a lot of money
                          When you have money you invest or place them in banks all over the world

                            • ?
                            • Anonymous
                            • nDy
                            • 18 Apr 2023

                            Jyroux, 18 Apr 2023so Apple is basically becoming a bank? the high APY seems l... moreno its not...in EU from 1-2% banks raised the APY to even 8%
                            Stop with the hate...Apple just want to be and become a monster

                              • ?
                              • Anonymous
                              • nDy
                              • 18 Apr 2023

                              lewein, 18 Apr 2023Dude, this sounds like a scam, 4.15% apy is unattainable in... moreNo, its not...the banks all over the world increased the APY
                              In EU, from 1-2% APY in last 14 months raised to 7-8%

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                                • Anonymous
                                • JEh
                                • 18 Apr 2023

                                lewein, 18 Apr 2023Dude, this sounds like a scam, 4.15% apy is unattainable in... moreBro APY in Iran is 30%. 😂

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                                  • ae86
                                  • vaS
                                  • 18 Apr 2023

                                  Jyroux, 18 Apr 2023so Apple is basically becoming a bank? the high APY seems l... moreApple is trying to become everything

                                    • c
                                    • cyber
                                    • S2D
                                    • 18 Apr 2023

                                    never put a money in the bank or trust a woman taking care of it

                                      Dude, this sounds like a scam, 4.15% apy is unattainable in what state the world is now.
                                      It's like those cryptoscams that gave 10% or more apy if you put all your eggs in one basket.
                                      Seems like goldman sachs are in need of cash, maybe they are the next bank that people's taxes will save it from banckrupcy?

                                        so Apple is basically becoming a bank? the high APY seems like bait to get a lot of funds and get more users, in the usual apple way to do everything soon they will screw their costumers in some way