Apple’s High-Yield Savings Accounts Reach $10 Billion Worth of Deposits

Apple Card Gains $10 Billion in Deposits Since April Launch
Apple’s High-Yield Savings Accounts Reach $10 Billion Worth of Deposits
Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters in Cupertino, Calif., on March 25, 2019. Noah Berger/AFP/Getty Images
Bryan Jung
Updated:
0:00

Apple’s high-yield savings accounts have brought in more than $10 billion worth of deposits so far in its partnership with Goldman Sachs.

The tech giant said in an Aug. 1 press release that those deposits piled up over the three and a half months since Apple Card holders have had the option of opening them.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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