Apple Card customers taking advantage of the high-yield Apple Savings account will see their APY decrease for the first time from 4.5% to 4.4% on April 3.
The financial sector is no stranger to fluctuating numbers, so what goes up generally must come down. Apple has been on a winning streak for its Savings account APY, but that’s about to change.
According to backend data discovered by MacRumors, Apple will lower the Apple Savings APY to 4.4%. The new rate is still somewhat competitive as comparisons show alternatives between 4.35% and 5.25% APY.
