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PRESS RELEASE October 13, 2022
CUPERTINO, CALIFORNIA Apple today announced a new Savings account for Apple Card that will allow users to save their Daily Cash and grow their rewards in a high-yield Savings account from Goldman Sachs.1 In the coming months, Apple Card users will be able to open the new high-yield Savings account and have their Daily Cash automatically deposited into it — with no fees, no minimum deposits, and no minimum balance requirements.2 Soon, users can spend, send, and save Daily Cash directly from Wallet.
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  1. Savings accounts are provided by Goldman Sachs Bank USA, Salt Lake City Branch. Member FDIC.
  2. Savings is available to Apple Card Owners and Co-Owners, subject to eligibility requirements. 
  3. Variable APRs range from 13.99 percent to 24.99 percent based on creditworthiness. Rates as of October 1, 2022.