Apple Launches High-Yield Savings Account
Users can manage their savings in the Wallet app. Photo: MIKE SEGAR/REUTERS By Will Feuer Updated April 17, 2023 12:18 pm ET Inc. said it has launched its high-yield savings account with Inc. that offers Apple Card users an annual percentage yield of 4.15%. Newsletter Sign-Up Technology A weekly digest of tech reviews, headlines, columns and your questions answered by WSJ's Personal Tech gurus. Subscribe Now Apple said there are no fees, no minimum deposits and no minimum-balance requirements for the savings account, and users can set their account up and
Users can manage their savings in the Wallet app.
Photo: MIKE SEGAR/REUTERS
By
Inc. said it has launched its high-yield savings account with Inc. that offers Apple Card users an annual percentage yield of 4.15%.
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Technology
A weekly digest of tech reviews, headlines, columns and your questions answered by WSJ's Personal Tech gurus.
Subscribe NowApple said there are no fees, no minimum deposits and no minimum-balance requirements for the savings account, and users can set their account up and manage their savings directly from Apple Card in the Wallet app.
“Our goal is to build tools that help users lead healthier financial lives,” said Jennifer Bailey, Apple’s vice president of Apple Pay and Apple Wallet.
Apple said last year that it was forging a partnership with Goldman Sachs to eventually offer high-yield savings accounts to Apple Card holders.
Write to Will Feuer at [email protected]
Illustration: Xingpei Shen
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