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Apple Card Savings Account Holders To See A Drop In Interest Rate For The First Time; Is Goldman Sachs’ Soured Relationship Causing This?

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Apple Card Savings account holders to see a drop in the interest rate

Apple Card Savings officially launched last year, with its most attractive feature being the high 4.15 percent Annual Percentage Yield (APY). Slowly, that figure climbed upwards and, at its peak, touched 4.5 percent. Unfortunately, this upward trend will witness its first slump as that interest rate is said to decrease for the first time ever since the service’s inception, and naturally, there would be speculation whether Goldman Sachs’ tumultuous business relationship with Apple would be the cause of this. Interest rate of Apple Card Savings account holders to decrease from 4.5 percent to 4.4 percent As reported by MacRumors, who […]

Read full article at https://wccftech.com/apple-card-savings-account-decrease-in-interest-rate-first-time/

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