Apple today announced a new Savings account for Apple Card that will allow users to save their Daily Cash & grow their rewards in a high-yield Savings account from Goldman Sachs.
In the next months, Apple Card users will be able to open the new high-yield Savings account & have their Daily Cash automatically deposited into it — with no fees, no minimum deposits, & no minimum balance requirements, said Apple in an announcement.
“Savings enables Apple Card users to grow their Daily Cash rewards over time, while also saving for the future,” said Jennifer Bailey, Apple’s Vice-president of Apple Pay & Apple Wallet in the blog post. “Savings delivers even more value to users’ favorite Apple Card benefit — Daily Cash — while offering another easy-to-use tool designed to help users lead healthier financial lives.”
