How Apple is giving US banks a run for their money
The iPhone maker's new savings account is offering a competitive rate of 4.15%, but it's not the highest yield being offered to American savers
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The iPhone maker's new savings account is offering a competitive rate of 4.15%, but it's not the highest yield being offered to American savers
The iPhone maker is making a further push into personal financial services.
Apple is launching a new savings account for Apple Card users that lets them store and grow their Daily Cash in a savings account that comes with a 4.15 annual percentage yield.
The new account comes with a maximum balance limit of $250,000
A review commissioned by the sector and undertaken by ex-ASIC deputy chairman Peter Kell found the current arrangements were too vague.