Apple is introducing a high-yield Savings account for Apple Card users to help them grow their Daily Cash rewards. This new account, provided by Goldman Sachs, has a 4.15% APY and requires no minimum deposits or balances. Users can set up their Savings account in the Wallet app, and can deposit Daily Cash, money from a linked bank account, or their Apple Cash balance. With this new feature, Apple aims to provide users with tools to lead healthier financial lives.
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