Apple has announced a great new way for Apple Card users to grow their Daily Cash rewards with Apple Savings — a high-yield saving account from Goldman Sachs. Apple’s Daily Cash rewards users with 1% returns on all Apple Card purchases, and up to 3% returns when using Apple Pay or making purchases with select partners or through the Apple Store.
If you’re looking to make the most of your Daily Cash rewards, Savings accounts offer an impressive APY of 4.15% (over ten times the current national average) with no minimum deposit or minimum balance requirements. Savings users can easily track their account balance and interest earned over time through the Savings dashboard in Apple Wallet and withdraw funds at any time to a linked bank account or to their Apple Cash card — all without fees.
