You Can Now Stash Thousands Of Dollars In A High-Yield Savings Account From Apple

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The new account offers a 4.15% APY, a rate well beyond what you can get at most banks.

a new high-yield savings account for Apple Card users. You may be wondering what this all means.

That’s a significantly higher rate than the one you’ll get for keeping money in a regular savings account in a traditional bank. As a point of comparison, Bank of America gives you a measly 0.01% APY. Be warned, though: Apple said its APY can change at any time.

 

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