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Written by: RJ
Apple has launched its savings account for Apple Cash balances. Current APY is 4.15%. There are no fees or minimum balance requirements. Goldman Sachs is providing support for the savings accounts.
You will need to have an Apple credit card before opening a savings account. For those that have a card, you can open the savings account in the wallet app.
Thoughts
Much like the Apple card’s launch this product doesn’t have a promotional offer. I wouldn’t give them a dime until they add one….
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