Apple Card Savings Account Available Starting Today With 4.15% Interest Rate

[TheYayAreaLiving 🎗️]

Didn’t know AMEC and Discover had savings accounts?

Either way none are offered here just north of 49th parallel.

Dear lord I hope nobody is using their savings to make ANY money in mind, but this interest rate in todays economy is phenomenal!

Therein is the key yeah?

Unfortunately like Apple Card, Apple Cash is in Canada well most likely never get the opportunity to partake.

Opened a savings account with Discover two months ago. So far I do like it because it’s a very easy transition. The current APY looks weak now lol.

 

[monstermash]

Great question! You have to have an iPhone with Face ID enabled. It also just means you are not allowed to get an Android I guess. 🤦🏻‍♀️

That's not true either.

Sets up just fine without Face ID enabled.

 

[MisterSavage]

Opened a savings account with Discover two months ago. So far I do like it because it’s a very easy transition. The current APY looks weak now lol.

But WAY better than what it was a year ago!

 

[TheYayAreaLiving 🎗️]

That's not true either.

Sets up just fine without Face ID enabled.

Try turning off Face ID. It doesn’t let you. If you do allow it you lose access to Wallets. This is the error you get.

 

[krifor03]

Credit Union — .05%
Apple — 4.15%

Yeeeeah, this is an easy transfer

 

[TheYayAreaLiving 🎗️]

Credit Union — .05%
Apple — 4.15%

Yeeeeah, this is an easy transfer

Citi Bank is 0.05% too. How lame

Savings Account | Open a Savings Account Online | Citi.com

Open a Citi savings account online today and let your money work harder for you. Discover the benefits of a Citi savings account.

online.citi.com

 

[SFjohn]

Does anyone have any regrets about not owning an Apple Card?

None at all, at least for me it works perfectly. 👍🏻

 

[Populus]

Woah Long Overdue! A 4.15% interest rate is very good. Good Bye American Express & Discover 😃

Yep, it’s very, very good. I wish it was available for non-US customers as well.

 

[cawgijoe]

Well….it told me I was set. Nothing there. I rebooted. Didn’t do anything. Not sure now if it actually set up. I’ll try again later if it lets me. Maybe the system is overwhelmed.

 

[Legion103]

Try re-booting your phone.

I tried that twice, nothing.

 

[CarboysDesire]

Well….it told me I was set. Nothing there. I rebooted. Didn’t do anything. Not sure now if it actually set up. I’ll try again later if it lets me. Maybe the system is overwhelmed.

Same. I've tried a few time and I get the same message as before. I guess the email I got saying it was successful was a lie?

 

[cawgijoe]

Well….it told me I was set. Nothing there. I rebooted. Didn’t do anything. Not sure now if it actually set up. I’ll try again later if it lets me. Maybe the system is overwhelmed.

Just showed up! Took about an hour.

 

[DotCom2]

I wish the Apple Savings was a separate card in your wallet instead of a side kick in the Apple Credit Card.

 

[ellsworth]

Would have been nice if this was open to anyone who has Apple Cash set-up on their iphones. I don't need/want another credit card so looks like I'm sticking with one of the other online banks that offer similar interest rates.

 

[monstermash]

Try turning off Face ID. It doesn’t let you. If you do allow it you lose access to Wallets. This is the error you get.

View attachment 2190076

I don't have Face ID on. I've NEVER had it on. So I can't turn it off. It is already off. And it will ALWAYS be off.

Wallet works just fine.

 

[TheYayAreaLiving 🎗️]

I don't have Face ID on. I've NEVER had it on. So I can't turn it off. It is already off. And it will ALWAYS be off.

View attachment 2190082

Wallet works just fine.

View attachment 2190084

How did you do that without Face ID turned on 😂. It won't even let me. Don’t let Tim Cook see this.

 

[ImpostorOak]

Just showed up! Took about an hour.

That's good to hear. I got the Congrats email, but my app was unchanged. Now my unclaimed daily cash has disappeared but the savings account still hasn't shown up. Hopefully that last bit happens soon.

 

[rman0726]

Would have been nice if this was open to anyone who has Apple Cash set-up on their iphones. I don't need/want another credit card so looks like I'm sticking with one of the other online banks that offer similar interest rates.

I hardly ever use my Apple card, but there’s not really much of a downside to having it. I usually get better cashback with other cards, but 3% cashback on Apple purchases and 2% cashback if you use Apple Pay are pretty solid.

Having a card you rarely use isn’t the bad thing for a credit score that many people think it is. It’s actually good for your score to increase the amount of credit available and decrease your credit used percentage.

 

[Minato1990]

Wow this is a good rate. This feature alone will drive the adoption of the Apple Card.

When will other countries like Canada have it ? The Apple Card is 4 years old now...

Exactly Apple WE CANADIANS WANT THIS

 

[itsmaxk]

I’m getting an error message saying that it’s currently not available and to try back later.

 

[Shustr]

"Apple Pay Services are currently unavailable."

 

[ProfessionalFan]

I wish the Apple Savings was a separate card in your wallet instead of a side kick in the Apple Credit Card.

They are trying to use this to beef up the amount of apple card holders, that's gotta be why one is needed.

 

[DblHelix]

I tried that twice, nothing.

Same. Went through setup, entered Ssn, accepted disclosure and don’t see it. Got the email confirming I signed up. Rebooted phone 3 times. Hope something isn’t borked for me now.

 

[ProfessionalFan]

Exactly Apple WE CANADIANS WANT THIS

Is it possible the problem is Canada's regulations and not Apple's choice here?

 

[ifxf]

Yes, I could have written this post myself. Same thing, word for word. My credit score is 828.

anything above about 780 is an equivalent score, mine can bounce 30 points month to month depending upon credit utilization. big charge one month score drops, paid completely by next month reporting date score zooms back up.