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Apple Card Savings Account Balance Limit Increased To $1 Million, Which Is Four Times Higher Than Previous Figure

NewsTech

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Apple Card Savings account limit increased to $1 million

Apple and Goldman Sachs were previously reported to have an extremely rocky business relationship, so it is pretty surprising to learn that the investment bank increased the total limit of Apple Card Savings account holders to $1 million. For those wondering, account holders could previously only deposit up to $250,000, so with the latest update, the maximum limit has increased by four times. Despite the maximum balance limit increased for Apple Card Savings account holders, FDIC will only cover depositors $250,000 in case of insolvency The statement below that was spotted by MacRumors is a part of the update from Goldman Sachs, […]

Read full article at https://wccftech.com/apple-card-savings-account-balance-limit-increased-to-1-million/

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