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Apple Card savings account has an attractive 4.15% interest rate, but beware of these pitfalls before signing

Last Updated: May 5, 2023 at 10:18 a.m. ET First Published: May 2, 2023 at 2:25 p.m. ET The tech giant recently debuted a new savings account in partnership with Goldman Sachs The symbiotic relationship between the Apple Card and the company’s new savings account could lead people to take on more debt, experts said.
Financial Press

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apple-card-savings-account-has-an-attractive-4.15%-interest-rate,-but-beware-of-these-pitfalls-before-signing

The tech giant recently debuted a new savings account in partnership with Goldman Sachs

The symbiotic relationship between the Apple Card and the company’s new savings account could lead people to take on more debt, experts said.

MarketWatch photo illustration/iStockphoto

Apple’s latest move into financial services is generating a lot of attention.

Last month, Apple AAPL launched its new Apple Card savings account. It offers an attractive interest rate and allows users to move seamlessly between the savings account and credit card while using their iPhone. But is it the right option for consumers?

The savings…

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