Apple Card Savings Rate Now 3.90% APY

Apple Card Savings Account Rate Drops to 3.90%

Apple and Goldman Sachs have again lowered the interest rate for the Apple Card Savings Account to 3.90% APY. This decrease follows a series of rate adjustments throughout the year, starting at 4.15% and reaching a high of 4.5% before declining.

This new rate aligns with the standard rate offered by Goldman Sachs' Marcus savings account. For a limited time, a bonus rate is available through this link.

Key Details

• New rate effective December 4, 2024.
• 3.90% Annual Percentage Yield (APY).
• Compounded daily and paid monthly.
• Exclusive to Apple Card holders.

How It Works

Apple Card users can seamlessly deposit Daily Cash rewards, funds from a linked bank account, or their Apple Cash balance into the Savings Account within the Wallet app. This offers a convenient way to save and earn interest, compounded daily.

For those interested in other Apple news, check out the latest on the 2025 iPad Pro or explore Cyber Monday Apple Deals.