Apple Savings Account: Should YOU Get It? | How to Open, Setup & Full Review!
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 Published On May 2, 2023

The Apple Savings account is here! Should you apply? Watch me go through the application process, set everything up, and review the full experience so you can decide if it’s right for you! Click “Show More” to see Ad Disclosure, links, and additional information below.

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The Apple Savings account was first announced on October 13, 2022 and later launched on April 17, 2023 with an impressive 4.15% APY. Of course, since interest rates change over time, that rate may be different in the future.

Since Apple itself isn’t in the primary business of banking, Goldman Sachs Bank USA is the backing bank for the Apple Savings account, and you manage it from the Wallet app on your iOS device.

APPLE SAVINGS ELIGIBILITY / APPLE SAVINGS ACCOUNT REQUIREMENTS
- You are an Owner or Co-Owner of an active Apple Card account
- You have an Apple Card added to your iPhone or iOS device
- You’re 18+ years old
- You have an SSN or ITIN
- You’re a U.S. resident w/ a physical U.S. address
- You have 2-factor authentication set up for your Apple ID with the latest version of iOS.

🔗 Apply for the Apple Card here: https://www.apple.com/apple-card/

APPLE SAVINGS ACCOUNT BENEFITS
- No minimum opening balance
- No minimum balance requirement
- No monthly maintenance fees
- Seamless integration with Apple Card and Wallet app
- High-yield APY rates
- FDIC insured up to $250K (this is the maximum deposit limit)

APPLE SAVINGS HOW TO APPLY
1. Open Wallet app
2. Tap Apple Card
3. Tap More in top right (3-dots icon)
4. Select Daily Cash
5. Choose Set Up next to Savings
6. Follow the instructions

Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.

#applesavings #applecard #savings

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