In a surprising turn of events, Goldman Sachs, Apple’s trusted banking partner for its groundbreaking credit card and high-yield savings account, appears to be reevaluating its commitment to these consumer-oriented products. Reports from The Wall Street Journal suggest that the financial giant is considering exiting the consumer lending business, which could have significant implications for…
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In a resounding triumph for Apple, the tech giant revealed that its high-interest savings account for Apple Card has surpassed a staggering $10 billion in customer deposits. Launched in April, this savings account, in partnership with Goldman Sachs, has proven to be a smashing hit, and the official figures released by Apple today leave no…
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Apple Card Savings Account, launched in April, introduced a high-yield savings option for Apple Card users, allowing them to earn 4.15% interest on their funds. However, recent reports from the Wall Street Journal shed light on certain challenges faced by users, including significant delays in transferring money to external bank accounts. In response to these…
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Apple is notorious for keeping tight-lipped about upcoming product launches, but an update to the Apple Card terms and conditions has given users a glimmer of hope that the long-awaited Apple Savings account may finally be on the horizon. First announced in October 2022, the Apple Savings account was touted as a new feature that…