this post was submitted on 03 Aug 2023

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Finance

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Apple Card’s Savings account by Goldman Sachs reaches over $10 billion in deposits (www.apple.com)

submitted 1 year ago by mxwarp@lemmy.ca to c/finance@beehaw.org

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[–] Lionir@beehaw.org 4 points 1 year ago (1 children)

I don't know why someone would want their bank account to be only accessible on an apple device.. That said, the savings on it seemed good.

[–] Jck2905@beehaw.org 4 points 1 year ago

That’s exactly the reason I did it. My main bank is still a local credit union but I moved my savings over because a. the high apy and b. Goldman Sachs is reputable. I haven’t had to try it yet but I’m sure I can recover my funds without my i-phone if needed.