Why Apple’s savings account may be worth it for you (and why it may not be)
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Last month Apple announced the opening of a new high-yield savings account for its users. The news was greeted warmly with Forbes reporting that nearly $1 billion in deposits was made in just the first four days after the account was made available. It’s easy to understand why so many people flocked to the offering.
High-yield savings accounts come with exponentially higher interest rates than regular accounts. Apple’s new addition is no exception. The Apple savings account has an attractive 4.15% annual percentage yield (APY). And it won’t be…
2023-05-18 10:00:39
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