PANews reported on August 3 that according to Bloomberg, Apple (AAPL.US) and Goldman Sachs (GS.US) stated in a statement on Wednesday that deposits in the new high-yield savings account they jointly launched have exceeded US$10 billion.
It is reported that Apple officially launched the Apple Card savings service for Apple Card users on April 17 this year, with an annual interest rate of 4.15%, which is more than 10 times the U.S. average. This feature allows Apple Card users to open a Goldman Sachs high-yield savings account (Savings Account) in the iPhone Wallet app and start earning interest on their Daily Cash balance.