Here are the steps on how to open an Apple savings account:
- Open the Wallet app on your iPhone or iPad.
- Tap Apple Card.
- Tap the More button.
- Tap Set Up next to Savings.
- Follow the onscreen instructions.
You will need to provide some basic information, such as your name, address, and Social Security number. You will also need to provide a valid government-issued ID.
Once you have submitted your information, you will be able to open your Apple savings account. You will be able to deposit money into your account immediately.
Here are some things to keep in mind when opening an Apple savings account:
- The Apple savings account is offered by Goldman Sachs Bank USA, Salt Lake City Branch.
- The Apple savings account is FDIC insured up to $250,000.
- There is a monthly fee of $0.05.
- There is a fee of $25 for more than six withdrawals per month.
- The interest rate on the Apple savings account is currently 4.5%.
If you are looking for a high-yield savings account with no minimum balance, the Apple savings account is a good option. However, be sure to factor in the monthly fee and the fee for more than six withdrawals per month before opening the account.
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