When Apple launched its own credit card, eyebrows around the world were raised; now, the future of Apple Card looks bleak. Eyebrows almost fell off when Apple announced that it was launching a new savings account, but its latest financial offering is doing a lot better.
Apple Card Savings accounts have now been around since mid-April 2023, but they're already off to a flying start it seems. Apple now says that the high-yield savings account has garnered more than $10 billion in deposits since that April launch, with savers earning an APY of 4.15%.
