Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen Brother Black fly's left hand clue delivery! CTOnews.com August 3, Apple today issued a press release announcing that, in close cooperation with Goldman Sachs, its high-yield savings account Apple Card Savings has now absorbed more than $10 billion (CTOnews.com Note: currently about 71.8 billion yuan) deposits.

Apple launched its Apple Card Savings service for Apple Card users on April 17 this year, with an annual interest rate of 4.15%, more than 10 times the US average.

This feature allows Apple Card users to open a Goldman Sachs high-yield savings account (Savings Account) in the iPhone Wallet app and start earning interest from their Daily Cash balances.

According to a new report released by Forbes in early May, Apple Card savings accounts attracted nearly $1 billion (CTOnews.com Note: currently about 6.93 billion yuan) in deposits just four days before opening.

Apple said that since its launch in April this year, 97 per cent of savings accounts have chosen to automatically transfer cash received by Apple Card Daily Cash to Savings Account.

Jennifer Bailey, vice president of Apple Pay and Apple Wallet, said:

Every time we launch a financial product, we are trying to reshape this category by considering the financial health of our users. This is our goal of launching Apple Card four years ago, and it is also our guiding principle for launching Savings.

Since there is no fee, no minimum deposit, and no minimum balance requirement, Savings Account provides users with an easy way to manage and preserve their funds.

Related readings:

"Apple's Apple Card savings account is online with an annual interest rate of 4.15%."

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.