The Apple Card savings account continues to increase its interest rate, making it ever more appealing to customers. On Friday, Apple notified Apple Card users that their money in the savings account are now accruing interest at 4.5%, the second increase in the same month.
The savings rate has gone from 4.25% in December to 4.35% earlier in January, to now 4.5%. For an account with no associated fees, these rises makes the account significantly more competitive with the wider market of high-yield savings accounts.
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Author: Benjamin Mayo