Apple Card Savings Account’s Interest Rate Lowered to 4.4% Today

Following the Apple Card savings account’s rate cut to a 4.4% APY, we have updated our high-yield savings accounts (HYSAs) comparison chart for U.S. residents. 4.4% is still a competitive APY compared to many other popular high-yield savings accounts, which typically offer rates between 4.25% and 5.25%. Provider Maximum APY* Ally 4.25% Discover 4.25% American […]

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iOS 17.4 Lets Budget Apps Read Real-Time Apple Card Transaction Info

After updating to iOS 17.4, Apple Card users who want to track their real-time spending with budgeting apps will have more opportunities to do so. iOS 17.4 opens up real-time ‌Apple Card‌ transactions to third-party apps budgeting apps beyond Mint for the first time. Mint added support for the ‌Apple Card‌ back in 2022, but […]

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Apple Card Savings Account’s Balance Limit Increased to $1 Million

Goldman Sachs today increased the Apple Card savings account’s balance limit to $1 million, with cardholders being notified by email. From the updated Apple Card cardholder agreement, effective March 1: The maximum balance limit for your Account is $1,000,000, based on your Current Balance (including interest and Daily Cash deposits). The account’s previous balance limit […]

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iOS 17.4 Beta Lets Apple Cash Users Generate Virtual Card Numbers

Later next month, iPhone owners running iOS 17.4 will be able to generate a virtual card number for spending Apple Cash when Apple Pay isn’t an online option, according to reports from Reddit users running the latest iOS 17.4 beta (via 9to5Mac). An Apple Cash pre-paid card allows users to send peer-to-peer Apple Pay payments […]

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Apple Card Users Earned More Than $1 Billion in Daily Cash Last Year

Apple Card has over 12 million users in the United States, with card holders earning more than $1 billion in Daily Cash rewards in 2023, Apple said today. Daily Cash is earned with every purchase on the ‌Apple Card‌. Apple provides 3% cash back for Apple purchases and items bought from select partners like T-Mobile, […]

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Here’s How the Apple Card’s New Savings Rate Compares to Competitors

Following the Apple Card savings account’s recent rate increase to 4.5%, we have updated our guide comparing the annual percentage yields (APYs) of some popular high-yield savings accounts (HYSAs) available to U.S. residents. Apple’s rate now exceeds that of popular HYSAs offered by the likes of American Express, Capital One, and Discover, but there are […]

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Here’s How the Apple Card’s New Savings Rate Compares to Alternatives

Following the Apple Card savings account’s recent rate increase to 4.35%, we have put together this guide comparing the annual percentage yields (APYs) of some popular high-yield savings accounts (HYSAs) available to U.S. residents. Apple’s rate now matches that of popular HYSAs offered by the likes of American Express, Capital One, and Discover, but there […]

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Gurman: Chase Bank is ‘Ideal Partner’ to Take Over Apple Card Deal

With Apple and Goldman Sachs set to put an end to their Apple Card agreement over the next 12 to 15 months, Chase Bank could be the ideal partner to step in and take over Goldman Sachs’ role, according to Bloomberg‘s Mark Gurman. In his weekly PowerOn newsletter, Gurman on Sunday said that JPMorgan Chase […]

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Renamed ‘Apple Payments Services’ Company Likely Behind New UK Apple Wallet Features, Could Hint at More to Follow

An Apple-acquired company now renamed “Apple Payments Services” is likely behind the new UK-exclusive Apple Wallet features in iOS 17.1, potentially hinting that Apple has plans to launch additional financial services in the country. Last year, Apple acquired Credit Kudos, a UK open banking startup that sought to help lenders make better decisions. MacRumors has […]

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Goldman Sachs Overhauls Apple Savings Procedures to Cut Down on Withdrawal Delays

Apple Savings account partner Goldman Sachs has changed its system to prevent Apple Card customers from running into extended delays when attempting to withdraw money, reports The Information. When the Apple Savings account launched earlier this year, there were complaints from customers who had long wait times when trying to withdraw money from their accounts. […]

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Apple Card Promo Offers 10% Daily Cash Back on Gas and Electric Vehicle Charging

Apple’s latest Apple Card promotion provides select ‌Apple Card‌ users with 10 percent total Daily Cash on gas and electric vehicle charging. The bonus can be collected on up to $6,000 worth of gas or charging, for a total reward of $600. ‌Apple Card‌ holders can pay for gas and charging with Apple Pay, a […]

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Apple Highlights Apple Card Customer Satisfaction Ranking

Apple Card is the “Best Co-Branded Credit Card for Customer Satisfaction with No Annual Fee” in the J.D. Power 2023 U.S. Credit Card Satisfaction Study, Apple announced today. This is the third year in a row that Apple and Goldman Sachs have taken the number one spot, and the third year that Apple has highlighted […]

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Apple Card Monthly Financing No Longer Available for SIM-Free iPhones

Apple today updated its U.S. Apple Card Monthly Installment plan to require those who use the feature to purchase an iPhone that is linked to AT&T, Verizon, or T-Mobile. With this change, the ‌Apple Card‌ Monthly Installment plan can no longer be used to purchase a SIM-free ‌iPhone‌. All iPhones purchased through the ‌Apple Card‌ […]

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Apple Card Promotion Offers 6% Cash Back at Panera

Apple in August is offering a new Apple Card promotion that will see ‌Apple Card‌ holders entitled to extra Daily Cash rewards for Panera Bread purchases. Through the end of the month, ‌Apple Card‌ users who make a purchase at Panera using Apple Pay can earn 6% cash back instead of 3% cash back. Getting […]

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More Than $10 Billion Deposited in Apple Card Savings Accounts

Apple Card holders have deposited more than $10 billion in ‌Apple Card‌ Savings accounts that are provided by Goldman Sachs, Apple announced today. The Savings accounts first launched in April, so that milestone comes at the four month mark. Apple says that 97 percent of Savings customers have opted into having their ‌Apple Card‌ Daily […]

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