Apple Card Savings Interest Rate Falls to Record Low of 4.1% APY

The Apple Card Savings interest rate is set to fall to an all-time low of 4.1% APY as of October 11th due to a changing market after the Federal Reserve cut rates in September. This drop makes it the second time the savings account's rates have been reduced since its launch in April 2023 when it started at 4.15%. Despite being lower than ever before, Apple Savings remains competitive with other options on the market.