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Apple attracts $990M in deposits in first four days of launching high-yield savings account
May 3rd, 2023 - 06:35 GMT

Apple attracts $990m in deposits in 4 days

ALBAWABA - Apple has successfully attracted $990 million in deposits in the first four days of launching its high-yield savings account with an annual yield of around 4.15 percent, Forbes reported. On the first day of the launch alone, the iPhone maker attracted $400 million in deposits. Last month, Apple launched its savings account, called the Apple Card, which offers an annual yield of 4.15 percent and does not require ...
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