Apple officially launched its savings account through Goldman Sachs and users can set it up through their Wallet app.

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Apple Formally Launches High-Yield Savings Account

Apple officially launching its savings account through Goldman Sachs. Customers can set it up directly through their Apple card in the wallet app. The account requires no minimum deposit or balance and it has no fees, any money that you put into the account will earn interest at a whopping 4.15%. That's the rate and the savings account from Apple. The tech giants latest move to expand banking options for iphone and iphone users, Apple Stock flat today. But Goldman also using the partnership as a way to broaden its own consumer business. So this is definitely mutually beneficial. We'll see how high rates stay for how long and that will of course dictate the return that you would get on a savings account like this.