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Zenger
Zenger
Business
Shanthi Rexaline

Apple’s High-Yield Savings Account Created In Partnership With Goldman Sachs

Apple Goldman Sachs Charlie Bilello Inflation Apple Pay
Sign stating that a restaurant accepts only credit cards and Apple Pay rather than cash, San Francisco, California, August 5, 2022. Apple launched the savings yield of 4.15% in partnership with Goldman Sachs. GADO/BENZINGA

A new high-yield saving account from Apple in partnership with Goldman Sachs comes at when inflation is at an all-time high.

Apple, Inc. (NASDAQ:AAPL) stirred up excitement by announcing earlier this month a high-yielding savings account that promises an annual percentage yield of 4.15%, a percentage that nearly matches the inflation rate. The new service will be offered in collaboration with Goldman Sachs Group, Inc. (NYSE:GS).

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