Apple’s new savings account lets Card users grow their Daily Cash

A screenshot showing Apple’s savings interface Image: Apple

Apple is launching a new high-yield Savings account for Apple Card users. In a post shared on Monday, Apple says Card users can build upon their Daily Cash rewards by putting it in the company’s new Goldman Sachs savings account that comes with a 4.15 annual percentage yield (APY).

Apple previously offered no way for users to grow their Daily Cash, the cashback rewards users get when using their Apple Card. But now users can stash their funds into a savings account, which comes with no minimum deposits and no minimum balance requirements. Users can set up...

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