Business & Markets

Apple Partners with Goldman Sachs to Offer Users High-Interest Savings Accounts

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Apple Partners with Goldman Sachs to Offer Users High-Interest Savings Accounts
In this file photo, a person stands near the Apple logo at the company's Grand Central Terminal store in New York on Dec. 7, 2011. AP Photo/Mark Lennihan, File
Andrew Moran
Updated:
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Apple continues to build on its fintech presence, announcing a new Apple Card savings account offering users an attractive 4.15 annual percentage yield.

The tech juggernaut is partnering with Goldman Sachs. Clients can create an account from the Wallet app on their iPhone devices, but users must have an Apple Card to open the savings account. There are no minimum balance or deposit requirements.

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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