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Apple Card Savings Account Available Starting Today With 4.15% Interest Rate
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So any of those wondering, if you're in a joint account - it'll let you each set up your own individual savings account.
I was able to transfer my Apple Cash over instantly. Initially it gave me the option to add money from bank but it says 1-2 days. So I just added $ from my debit card to my Apple Cash (instant) and then transferred from Apple Cash to Savings (instant).
Cool.
I was able to transfer my Apple Cash over instantly. Initially it gave me the option to add money from bank but it says 1-2 days. So I just added $ from my debit card to my Apple Cash (instant) and then transferred from Apple Cash to Savings (instant).
Cool.
Does anyone find it weird that Apple's just calling it "Savings" instead of "Apple Savings"? They have "Apple Cash" and "Apple Card" but then "Savings."
On a separate note, I think it's just a matter of time before Apple introduces their own checking account. GM was working on a checking account for Marcus before scrapping it, so they might reuse the infrastructure they've created for Apple's checking offering.
On a separate note, I think it's just a matter of time before Apple introduces their own checking account. GM was working on a checking account for Marcus before scrapping it, so they might reuse the infrastructure they've created for Apple's checking offering.
I had to close the Wallet App and re-open it for it to show. (Now both my wife and I have savings accounts). I've already transferred $ from Apple Cash over (successfully).
Plus CC fraud fools with the bank's money instead of your money. The bank will be way quicker to address it if it is their money.
I Just got account option to show up in Midwest US. I got the account set up, but the balance shows $0. Not sure when the Daily Cash is supposed to move over. The support document said it would happen automatically. I am also not seeing an option to schedule deposits (for example, $100 every month) which would be a nice option.
Not seeing an option to set it up yet, could be because I'm on the 16.5 beta
Anyone know if this can be tracked through financial management software?
Aka connect plaid to it.
Thanks!
Aka connect plaid to it.
Thanks!
Go to Apple Card, hit the ... on the top right and choose: Daily Cash.
It's one of those options on that screen. If it doesn't show up right away, close your Wallet app and re-open. It appeared the second time for me.
Comparing it to an uninsured investment account isn't an apples to apples comparison.
If they compound yearly, $10,375. A questiont his brings up is "Is $250k the cap or the insured?" And if it is the hard cap, what happens if interest would take it over?
I've done that multiple times and it still doens't show up...hmmm.
California - (Pacific) - 8:39am right now.
That is weird. My wife didn't have to close her app - she saw it right away. I had to close mine (swipe up to close app). <shrug> :/
Ok, wow. I was assuming Central. I’m in CA, so was expecting 10am.
Per their T&C any amount over $250,000 would be issued as a check, so I'm guessing that's what they'll do for the interest accrued.
Signup is still glitchy. Keep getting Unavailable. Did get to SSN step but then Unavailable again twice.
Synchrony Bank 4.16% All the big banks think they serving their customer with below 1%
interest.
interest.