apple now offering savings account Managed through an iPhone app that allows users to earn interest of 4% or more.
Setting up a savings account is easy, but users must have a valid Apple Card.account is goldman sachs.
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Once your account is opened, your interest-bearing savings account will automatically be credited with cash back benefits from purchases made with your Apple Credit Card, called Apple Cash. A user can also transfer money from a savings account to his Apple Cash account in case he wants to spend money or send it to a friend.
Users can put additional money into their savings account and get the current annual yield of 4.15% compounded daily. Yields change over time as interest rates change.
Apple Savings accounts can hold up to $250,000 in FDIC-insured deposits. The feature is now available to all Apple cardholders in the US within his Apple’s Wallet app.
Here’s what you should know:
Registration method
Apple Savings Account
apple
- To open an account, Insert an active Apple Card into your iPhone. First, open the Wallet app and tap Apple Card.
- Press the button with three dots in the top right corner and select Daily Cash. Alternatively, the front page may have a promotional button to sign up for a savings account.
- Please follow the instructions. You will be asked for your social security number and to sign some consent forms.
- By default, Apple will start sending Apple Card cash back to your savings account, but if you want to use it or send it to a friend, you can do so.
how to add money
Screenshot/CNBC
Screenshot/CNBC
- You can add money from your linked bank account to your savings account.
- If you have an Apple Card, you may already have a bank account associated with it for payment.
- Open your wallet app. On the first page, there should be a Savings Balance button.
- on the savings page[お金を追加]Tap a button to add money from your connected bank account.
- You can also withdraw from your savings account to a linked bank or daily cash account.
- There is no limit to the number of transactions a user can make to withdraw money or fund a savings account.