Apple Card's Savings Account Surpasses $10 Billion in Deposits

Apple Card's high-yield Savings account, offered by Goldman Sachs, has surpassed $10 billion in deposits since its launch in April. The Savings account allows users to grow their Daily Cash rewards with a high-yield APY of 4.15 percent. 97 percent of Savings customers have chosen to have their Daily Cash automatically deposited into their account, promoting healthy savings habits. The account has no fees, minimum deposits, or balance requirements, and users can easily manage their Savings account directly from Apple Card in Wallet.