(C) BoingBoing
This story was originally published by BoingBoing and is unaltered.
. . . . . . . . . .



Apple takes on banks with new 4.15% interest savings account [1]

['Mark Frauenfelder']

Date: 2023-04-17

Apple has announced that it will begin offering a savings account with a 4.15% interest rate. "With no fees, no minimum deposits, and no minimum balance requirements, users can easily set up and manage their Savings account directly from the Apple Card in Wallet," the company stated.

For comparison, Wells Fargo currently offers a savings account with an interest rate of 0.15%.

Here's how to set up an Apple savings account (You need iOS 16.4 or later):

When will Apple launch its own wireless carrier service?

[END]
---
[1] Url: https://boingboing.net/2023/04/17/apple-takes-on-banks-with-new-4-15-interest-savings-account.html

Published and (C) by BoingBoing
Content appears here under this condition or license: Creative Commons BY-NC-SA 3.0.

via Magical.Fish Gopher News Feeds:
gopher://magical.fish/1/feeds/news/boingboing/

You are viewing proxied material from magical.fish. The copyright of proxied material belongs to its original authors. Any comments or complaints in relation to proxied material should be directed to the original authors of the content concerned. Please see the disclaimer for more details.