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Technology

Shanthi Rexaline

Frustrated Apple Savings HZenger News Reportedly Consider Closing Accounts On Money Transfer Delays

Apple Noah Berger

Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on March 25, 2019, in Cupertino, California. Recently, Apple (NASDAQ:AAPL) launched its high-yield savings account in late April to great acclaim. However, recent reports suggest that the offering has encountered some obstacles along the way. PHOTO BY NOAH BERGER/GETTY IMAGES

Apple Inc. (NASDAQ:AAPL) launched its high-yield savings account in late April to great acclaim. However, recent reports suggest that the offering has encountered some obstacles along the way.

Customers of Apple’s high-yield savings account, offered in partnership with Goldman Sachs Group, Inc. (NYSE:GS), are experiencing difficulties withdrawing their funds, according to a report by The Wall Street Journal.

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