Originally marketed as a high-yield account, Apple Card Savings has once more had its interest rate reduced.
Apple Card Savings has cut its interest rate again
Apple Card Savings has cut its interest rate again
Following its first cut from 4.5% to 4.4% in April 2024, the annual percentage yield (APY) for Apple Card Savings is now to be 4.25%. That’s still higher than the savings account’s original 4.15% in 2023, however.
When the account first launched, that rate was not the best but was considered high yield. Subsequently, though, many other banks have increased their APY.