Apple Raises Interest Rates for Apple Savings Account Holders
Apple Savings Account has received news that Goldman Sachs is raising the interest rates on their accounts from 4.15% to 4.25%. This is the first increase since the account was launched in April. While Apple Savings Account holders welcome this change, it’s worth noting that there are other high-interest accounts available in the market that offer even higher rates.
The change in interest rate comes as Apple and Goldman Sachs are winding down their partnership for Apple Card and Apple Savings. Reports suggest that Apple has proposed a gradual phasing out of this collaboration over a period of 12-15 months. However, there have been no immediate changes to the availability of Apple Card and Apple Savings.
Meanwhile, Apple and Goldman Sachs are seeking new partners to manage Apple Card and Apple Savings, but it is still unclear how these offerings will be altered due to these changes.
In other news, Apple has released the beta version of iOS 17.3, which is expected to be officially launched in January. The update will introduce two new features and will be compatible with iPhone XS and newer models.
Additionally, Apple has announced a temporary halt in the sales of Apple Watch Series 9 and Apple Watch Ultra 2 in the United States due to an ongoing patent dispute with the medical company Masimo related to blood oxygen sensing.
Furthermore, Apple has released iOS 17.2.1, a minor update that includes bug fixes for the iOS 17 operating system.
In the future, Apple plans to introduce the fourth generation of AirPods in 2024. The new AirPods will have an updated design, new case, and active noise cancellation features.
Lastly, an important feature called Device Theft Protection will be added to the upcoming iOS 17.3 software update. This feature aims to protect iPhone users from theft by preventing thieves from accessing the PIN code and changing the Apple ID.
As Apple continues to introduce new enhancements and updates to its product lineup, customers can expect a more secure and streamlined experience in the future.
FAQ:
– What is the current interest rate on Apple Savings Accounts? The current interest rate is 4.25%.
– What other high-interest accounts are available in the market? There are many other high-interest accounts available, it is advisable to thoroughly explore the available options.
Definition:
– Interest Rate – a percentage rate relating to the profits or losses associated with savings or loans.
– Savings Accounts – bank accounts where money can be accumulated and earn interest.
The source of the article is from the blog foodnext.nl