In recent news, Apple has announced that they are introducing a new Apple Card Savings Account. This new account is designed to help Apple Card users save money and make the most of their spending.
The Apple Card Savings Account is a no-fee, no-minimum account that allows users to save money and earn interest on their savings. The account will be linked to the user’s Apple Card and will be accessible through the Wallet app. Users will be able to set up automatic transfers from their Apple Card to their Savings Account, making it easy to save money.
The Savings Account will offer competitive interest rates, with rates ranging from 0.5% to 1.5%. This is significantly higher than the average savings account rate, which is currently around 0.1%. The account also offers a bonus of up to 3% on certain purchases made with the Apple Card.
The Savings Account also offers a variety of features that make it easier for users to manage their savings. For example, users can set up automatic transfers from their Apple Card to their Savings Account, as well as set up goals and track their progress towards them. Additionally, users can set up notifications that will alert them when their balance reaches a certain amount or when they have reached their goal.
Overall, the Apple Card Savings Account is a great way for Apple Card users to save money and make the most of their spending. With competitive interest rates and a variety of features that make it easier to manage savings, this new account is sure to be a hit with Apple Card users.
