Apple has boosted the interest rate on its Apple Card Savings Account, offering an increased yield to account holders managing their money through the iPhone's Wallet app.
The savings account, launched in partnership with Goldman Sachs, allows Apple Card users to automatically deposit their Daily Cash rewards and add personal funds with no fees or minimum balance requirements. This latest adjustment keeps the feature competitive with other high-yield consumer banking products.
Eligible users can manage the account directly from the Wallet app, tracking their updated yield, monitoring interest growth, and transferring funds seamlessly between their linked bank accounts.
For full details and the exact updated percentage yield, check the original report on 9to5Mac.
