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The Times of India
The Times of India
Business
Bloomberg

Apple debuts savings account with 4.15% annual yield

Apple Goldman Sachs United States

Apple Inc introduced a long-promised high-yield savings account with Goldman Sachs Group Inc, looking to attract US financial clients with an attractive rate and the ease of its Wallet app.

The new offering will let Apple Card users earn a 4.15% annual yield, more than 10 times the national average, the tech company said in a statement on its website Monday. The account has no fees, minimum deposit or balance requirements and can be set up from within the Wallet app.

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