As of April 3, 2024, the annual percentage yield for Apple Savings account users is 4.4%, down from its previous high of 4.5% set in January.
As predicted, the interest on Apple Savings has seen its first-ever cut. The move, while small, comes after a series of rises in quick succession at the end of 2023 and the start of 2024.
Originally launched in April 2023, what Apple described as a high-yield savings account was offering 4.15% APY. It wasn’t an uncompetitive amount, but Apple Savings stayed on that level for eight months.
