The Apple Savings APY falls again after another Federal Reserve rate cut in November, reaching a new all-time low of 3.90% APY.
Apple launched a high-yield savings account attached to the Apple Card in April 2023 at 4.15% APY. It climbed up to 4.5% by January 2024 and saw its first rate cut in April to 4.4%, then a second cut to 4.25% in September, and another to 4.10% in October.
Apple has begun notifying Apple Savings users of another APY dip on Wednesday night. The 4.10% rate was already an all-time low for the high-yield savings account, but it has reached a new low of 3.90%.
Continue Reading on AppleInsider | Discuss on our Forums
Source: AppleInsider News
We already knew that Marvel Rivals has proven incredibly popular since its launch last month…
The first season of Marvel Rivals may have started, but it's brought an end to…
Lords of the Fallen publisher CI Games confirmed it would not "embed social or political…
The Tenikle mounts any device on virtually any surface and holds it at any angle…
For a limited time, Apple is offering (at least) two new sign up bonuses for…
The Great Salt Lake is rapidly losing water, and new research indicates agriculture is to…