{"id":1989096,"date":"2023-08-02T18:53:02","date_gmt":"2023-08-02T22:53:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/apples-high-yield-savings-account-hits-over-10-billion-in-customer-deposits\/"},"modified":"2023-08-02T18:55:29","modified_gmt":"2023-08-02T22:55:29","slug":"apples-high-yield-savings-account-hits-over-10-billion-in-customer-deposits","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/apples-high-yield-savings-account-hits-over-10-billion-in-customer-deposits\/","title":{"rendered":"Apple&#8217;s savings account surpasses $10B in customer deposits."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fapples-high-yield-savings-account-hits-over-10-billion-in-customer-deposits%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1989096&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><strong>Apple&#8217;s High-Yield Savings Account Surpasses $10 Billion in Customer Deposits<\/strong><\/p>\n<p>The partnership between Apple and Goldman Sachs has proven to be a success, with their <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/apples-high-yield-savings-account-hits-over-10-billion-in-customer-deposits\/\" title=\"Apple's savings account surpasses B in customer deposits.\">high-yield savings\u2062 account \u200creaching<\/a> over\u2062 $10 billion in\u200b customer deposits. This innovative offering,\u2062 launched in April, allows Apple Card users to earn an impressive annual\u200d percentage \u200cyield \u2063of 4.15% on\u200c their <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-releases-list-of-president-trumps-accomplishments-and-it-is-historic\/\" title=\"White House Releases List of President Trump\u2019s Accomplishments \u2013  And It Is Historic!\">savings accounts<\/a>.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>In response to the industry crisis \u2064earlier this year, U.S. lenders have had to offer\u200d higher \u2064rates\u200d on \u200ccustomer deposits \u200cto\u200b retain their clients. This \u200bmove aims to prevent customers from moving their\u200b funds to other high-yield\u200c alternatives, as faith in the\u200d financial health of banks was shaken. \u200bApple&#8217;s high-yield savings\u200b account has \u2062provided a compelling\u2064 option for individuals seeking\u2063 better returns \u200con their savings.<\/p>\n<p>Expanding its presence in the\u200b financial technology space, Apple also introduced its &#8220;buy now, pay later&#8221; (BNPL) service in the United States earlier this year. This move \u2063further solidifies Apple&#8217;s commitment to providing\u2064 innovative financial solutions to its customers.<\/p>\n<\/p>\n<p>  (Reporting by Manya Saini in \u200cBengaluru;\u200d Editing\u200c by Pooja Desai)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/apples-high-yield-savings-account\/attachment\/the-apple-inc-logo-is-seen-at-the-entrance-to-3\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>A Democrat Lawmaker Switches\u2062 to the Republican Party<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>In an exclusive interview, Oversight Committee \u2063member Representative Andy Biggs reveals his belief that Joe Biden was &#8220;taking a\u2062 cut&#8221; of his son Hunter&#8217;s business deals. This revelation came\u2063 after witnessing Devon Archer&#8217;s \u2062<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/amb-sondland-sues-pompeo-state-department-for-1-8m-in-legal-fees\/\" title=\"Amb. Sondland Sues Pompeo, State Department for .8M in Legal Fees\">closed-door testimony<\/a>.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Clearfield, Utah City\u2064 Councilor Karece Thompson \u200dexpresses concerns about \u2063Florida Governor \u200bRon DeSantis&#8217; new \u2063African\u200c American history curriculum.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Independent Journalist Jackson Gosnell provides insights \u200don \u2063this week&#8217;s top headlines, including Trump Indictment #3, Devon Archer\u2064 Testimony, and details\u2062 surrounding the death \u200dof Lily Ledbetter in her Virgin Islands home.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Apple&#8217;s\u2062 High-Yield\u2062 Savings Account Surpasses $10\u200d Billion in\u2064 Customer Deposits<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Apple&#8217;s High-Yield \u2062Savings Account Surpasses $10 Billion in Customer Deposits<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Cognizant Technology Solutions Forecasts Strong Third-Quarter Revenue<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Cognizant Technology Solutions\u200c Forecasts \u2064Strong Third-Quarter \u200dRevenue<\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Apple and Goldman Sachs announced that their high-yield savings account has amassed over $10 billion in customer deposits. Launched in April, the account allows Apple Card users to earn a 4.15% annual percentage yield. This offering has compelled US lenders to provide competitive rates to attract customers.<\/p>\n","protected":false},"author":66,"featured_media":1989097,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1989096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1989096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1989096"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1989096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1989097"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1989096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1989096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1989096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}