I never said it took a long time. I said the process was unclear and confusing.
This sounds like a clear and logical process to you? Was it immediately clear to you where/how to open the account without reading prior instructions, or did you have to hunt around in the wallet app for it?
It’s pretty well hidden and in a section of menus that wouldn’t strike many people as having anything to do with a savings account. I already knew about it, was deliberately looking for it, and still had difficulty locating it - and I know for a fact I am not the only person with that experience.
Typically when Apple wants you to sign up for a new service, they have many things pointing you in that direction, and there are notifications, alerts, all manner of guidance towards the new product. Not so in this case. Playing hide and seek in the wallet app to find which menu is obscuring the signup form is not intuitive or typical Apple behavior.