4.75% at Bask online bank
Sounds great...
What is most interesting is that Apple now has interest in banking.
So even the biggest tech company in the world, with a yearly $100 billion in gross profit, sees banking as an important profit opportunity
To me its an indication where the real power lies in America
Do not need Apple or an Apple account to get that interest rate on a savings account. There are actual banks offering that much or more.
FDIC?
looks good
I have the Apple Credit Card through Goldman Sachs and I LOVE the interface. They calculate how much payment you need to make to avoid interest charges and make it so easy to pay, so I pay multiple times a month—using it almost like a debit card. Then I get the percentage back that rolls over to Apple Cash…3% on Apple products and 1% on everything else. Would be nice to get additional interest on that.
“Apple Card Savings requires an iPhone with iOS 16.4 or later and is available to U.S. residents who are 18 years of age or older. Apple has published a support document with additional information about the feature.”
On top of having to use an iphone to get account then I also imagine that you lose access to your account if you suddenly don’t have a working iphone.
No Thanks