Apple

Apple Card Savings Interest Rate Reduced Again, Now at 4.25%

Apple Card Savings has once again cut its interest rate, following a previous reduction in April 2024. The annual percentage yield (APY) now stands at 4.25%, down from its original launch rate of 4.15% in 2023.
By Blip Tech 1 min read

William Gallagher reports that Apple Card Savings has decreased its interest rate from 4.35% to 4.25%. Although this drop lowers the yield, it’s still higher than when the product was initially launched at 4.15%. The adjustment is attributed to the fluctuation of APYs in various banks and not due to a specific issue related to Apple Card Savings or Goldman Sachs. No replacement for Goldman Sachs has been formally announced.

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