New Apple launch: savings account with 4.15% yield

Apple is investing in a new business and has shown the world its newest venture. The savings account, named Apple Card, was launched with an annual yield of 4.15%, and a minimum balance is not required to gain access. According to the company, iPhone device users can access the account through the Wallet application.

The account is being launched by Apple with support from Goldman Sanchs Group Inc. and announced to the public this week, as CNBC reported. To gain access to the account, iPhone users don't have to wait: the news has already been released! If you still can't access it, try again on another occasion, but be aware that the resource can already be accessed by some people.

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Check out Apple's launch and enjoy one of the best yields on the market.

Apple launches savings account for iPhone users

To access the Apple Card, Apple smartphone users need to open a savings account first. Through a statement, the technology giant reported that the value reached in the Daily Cash will be taken directly to the Apple Card, deposited in the savings account.

Photo: Reproduction / Apple.

Daily Cash offers a kind of cashback for Apple Card customers, with a return of up to 3% on the total value of purchases. Despite the company's savings account, users who participate in Daily Cash can change the reward deposit whenever necessary.

When compared to the national average yield on other savings accounts of 0.35%, Apple's yield is the highest on offer at 4.15%. The Federal Deposit Insurance Corporation also indicates that other virtual and face-to-face banks can also offer a significant percentage.

Apple savings users will be able to access it through the Wallet's own control panel, tracking interest rates or making any change in value.

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