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The Apple Card Savings account still pays a higher APY than the average savings account. Apple has dropped the interest rate on its Apple Card Savings account for the first time in 2024. The Apple Card Savings account is available for Apple Card users in the U.S. You can set it up and manage it through the Apple Card in the Wallet app on iPhones. How the Apple Card Savings account worksThe Apple Card Savings account doesn't require a minimum opening deposit. While the interest rate on the Apple Card Savings Account has dropped for the first time in 2024, it still pays a significantly higher rate than a traditional savings account.

Persons: Apple, —, Cash, Jennifer Bailey, Daily Cash, Goldman Sachs Organizations: Apple, Savings, Service, Apple Card Savings, Apple Card, Daily, FDIC, Federal Deposit Insurance Corporation Locations: U.S

The Apple Card Savings account already paid a higher APY than the average savings account. Apple has increased the interest rate on its Apple Card Savings account for the third time since December. The Apple Card Savings account is available for Apple Card users in the U.S. You can set it up and manage it through the Apple Card in the Wallet app on iPhones. How the Apple Card Savings account worksThe Apple Card Savings account doesn't require a minimum opening deposit. Products in this post: Apple Card, Apple Savings Account, Ally Savings Account, Discover® Online Savings Account, BrioDirect High-Yield Savings Account, Customers Bank High Yield Savings Account, UFB Secure Savings, CIT Bank Platinum Savings, Wealthfront Cash Account

Persons: Goldman Sachs, Cash, Jennifer Bailey, Daily Cash, Ally Organizations: Apple, Apple Card, Savings, Apple Card Savings, Daily, FDIC, Federal Deposit Insurance Corporation, CIT Bank, CIT, Products, Apple Savings, Secure Savings Locations: U.S

You can keep your Apple Savings Account until we know what happens next or switch to another high-yield savings account. How the end of this partnership impacts Apple Savings Account usersIf Apple and Goldman Sachs part ways, Apple would need to partner with a new financial institution to continue to offer the Apple Savings Account. You might prefer an alternative high-yield savings account if you need to take money out of your savings account often. The Apple Savings Account only lets you transfer money through Apple Cash or an external bank account, which could take a few business days. The best high-yield savings accounts pay significantly more than standard savings accounts, and some pay more than the Apple Savings Account.

Persons: Apple, Goldman Sachs, Apple Cash Organizations: Apple, Wall Street, Apple Savings

☆ You can control your iPhone without using your hands. Here's how
▼ + stars: | 2023-11-02 | by ( Jake Piazza | In | ) www.cnbc.com time to read: +4 min

The feature, called Voice Control, is one of the iPhone's accessibility tools, and though Siri can perform many hands-free duties, there are ways Voice Control can go even further. You can say "Show numbers" once Voice Control is turned on to make your screen look like this. Select Voice Control. I recommend reading through the Voice Control guide, which is right below the green dot. If you do use Voice Control to type, try doing so by moving your cursor to a text box and saying the words out loud.

Persons: Siri, it'd, Hey Siri, Todd Organizations: Grove Apple, Command, Control, Voice Control, Apple, Food, Google, ESPN, Voice Command, Control . Press, CNBC PRO Locations: Los Angeles

Apple's high-yield savings account passed $10 billion in deposits. The account, which encourages automatic deposits from Apple Card users, offers 4.15% APY. The savings account is the newest part of Apple's suite of products built into Apple Wallet, which allows iPhone users to easily integrate with Apple Card and Apple Savings. Users can choose to put this cash (called Daily Cash) in one of two places: an Apple Cash card, or an Apple Savings account. Like Apple Savings, Marcus is fee-free, FDIC-insured, and supported by the Salt Lake City branch of Goldman Sachs.

Persons: Goldman Sachs, Apple iPhones, Marcus Organizations: Apple Card, Apple, Apple Savings, Savings, Wall Street Journal, Cash, OceanFirst Bank Locations: Salt Lake City

☆ The Risks of Storing Money in Apps Like Venmo and Cash App
▼ + stars: | 2023-06-09 | by ( Ann Carrns | ) www.nytimes.com time to read: +1 min

Millions of Americans use mobile payment apps to pay friends, family and retailers, but they may not know that money held in the apps often lacks federal insurance protection. As more people go cashless, apps like Venmo, Cash App and Apple Cash have gained popularity as an easy way to split a dinner tab, buy stuff at yard sales or pay bills. Use of the apps increased during the pandemic, experts say, as people shifted to online shopping and contactless payment methods. Transaction volume on such apps was an estimated $893 billion last year, the bureau said, and is projected to reach $1.6 trillion by 2027. More than three-quarters of the nation’s adults say they have used one of four popular payment apps, according to the Pew Research Center.

Persons: Apple Cash Organizations: Consumer Financial, Apple, Pew Research Center

☆ Premarket stocks: Apple is giving banks a run for their money
▼ + stars: | 2023-04-18 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Apple’s savings account is managed through Apple products and users must have Apple’s credit card, simply called Apple Card, to qualify for one. “It’s very much a loyalty play because it’s a multi-level process: To get the Apple credit card you need the phone, and to get the savings account you need the credit card. The Apple savings account through Goldman is also insured by the Federal Deposit Insurance Corporation. And Apple’s savings account is hardly the best out there, either. UFB Direct offers a savings account with more than a 5% annual percentage yield.

☆ Apple Just Launched a High-Yield Savings Account. Here’s What It Means for You
▼ + stars: | 2023-04-17 | by ( ) www.wsj.com time to read: +4 min

By Nick GuyApple’s newest product launch isn’t the latest iPhone or an updated Mac—it’s a high-yield savings account with a competitive 4.15% APY. Who is eligible to open an Apple high-yield savings account? The Savings account (the capitalization is Apple’s) is only available to Apple Card holders, which means iPhone owners. Is the Apple Savings account worth it for you? If you’re an Apple Card holder who doesn’t have your money in a savings account at all?

Apple has a new high-yield savings account from Goldman Sachs available for Apple Card users. The Apple Card Savings account pays a higher APY than the average savings account. The Apple Card Savings account is available for Apple Card users in the US. How the Apple Card Savings account worksThe Apple Card Savings account doesn't require a minimum opening deposit. Interest on the Apple Card Savings account is compounded daily and deposited into your account monthly.

☆ How to set up Apple's new savings account on an iPhone
▼ + stars: | 2023-04-17 | by ( Kif Leswing | ) www.cnbc.com time to read: +1 min

Apple now offers a savings account administered through its iPhone app that allows users to accrue over 4% interest. Setting up the savings account is straightforward, although users are required to have an active Apple Card. Once the account is opened, cash-back rewards from Apple credit card purchases called Apple Cash can automatically be deposited into the interest-bearing savings account. Users can also transfer money from their savings account to their Apple Cash account in case they want to spend it or send it to a friend. The Apple Savings account can hold up to $250,000 in deposits, which are insured by the FDIC.

☆ A landlord who owns and manages 16 units shares 'the binder strategy' he uses to set rent prices — and it involves asking tenants to increase their own rent
▼ + stars: | 2022-03-29 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

His "binder strategy" involves including tenants in the conversation about their rent price. He educates tenants on area average rent prices and then asks them what they think they should pay. He calls it the "binder strategy," and it involves his tenants setting their own price. That's where his "binder strategy" comes into play. His tenants in both units were paying about $1,100, but the area average rents were closer to $1,600, he said.

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