"Apple's High-Yield Savings Account Attracts Nearly $1 Billion in Deposits"

1 min read
Source: MarketWatch
"Apple's High-Yield Savings Account Attracts Nearly $1 Billion in Deposits"
Photo: MarketWatch
TL;DR Summary

Apple has launched a new savings account in partnership with Goldman Sachs, offering an attractive interest rate and seamless integration with the Apple Card. However, experts warn that the symbiotic relationship between the two could lead to users taking on more debt. Consumers should carefully consider their financial situation before signing up.

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