Apple has announced Apple Card users will soon be able to deposite their Daily Cash into a new high-yield Savings account from Goldman Sachs.
Apple has announced Apple Card users will soon be able to grow their rewards in the Wallet by automatically depositing their Daily Cash into a new high-yield Savings account from Goldman Sachs., in the coming months, Apple Card users will be able to open this new high-yield Savings account and have their Daily Cash automatically deposited into it.
“Savings enables Apple Card users to grow their Daily Cash rewards over time, while also saving for the future,” said Jennifer Bailey, Apple’s vice president of Apple Pay and Apple Wallet. “Savings delivers even more value to users’ favorite Apple Card benefit — Daily Cash — while offering another easy-to-use tool designed to help users lead healthier financial lives.”
Apple even says users can also deposit additional funds into their Saving account through a linked bank account, or from their Apple Cash balance. The company explains:
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