Tag "Apple"

Apple Claims Expanding Reach in Finance with 12M Credit Card Users and US$10B in Savings Balances

Apple has been steadily expanding its foothold in the financial services industry, with new data released by the company revealing more than 12 million users of its Apple Card credit card product, and US$10 billion in total balances in Apple

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Apple’s New Savings Account is a Hit

Apple’s new high-yield savings account is making a splash, drawing in nearly US$400 million worth of deposits on launch day. By the end of the first week, roughly 240,000 accounts had been opened, bringing in as much as US$990 million

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Apple Card’s Savings Account With High Interest Is Now Available Only for U.S. Users

Apple has announced that its card users in the U.S. can now set up a savings account from Goldman Sachs which offers an APY of 4.15 percent. This is more than 10 times the national average according to the FDIC.

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Apple Rolls Out Its Pay Later Offering for Selected Users

Apple has rolled out its Buy Now, Pay Later offering in the U.S., allowing users to split purchases into four payments, spread over six weeks with no interest and no fees. Users can apply for Apple Pay Later loans of

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Apple Readies BNPL Launch

Apple is running an internal test of its buy now, pay later (BNPL) product, gearing up for the public release of the new service in the US. The feature, which was announced at the Worldwide Developers Conference 2022, is currently

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Apple Card Partners With Goldman Sachs to Offer Savings Account Feature

Apple has partnered with Goldman Sachs to provide Apple Card users with a savings account where they will be able to automatically deposit their Daily Cash cashback rewards. Apple Card users will be able to set up, manage and monitor

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Apple Introduces Apple Family Card, Allowing Spouses to Merge Their Credit Lines

Apple announced the launch of Apple Card Family, which allows users to share their Apple Card in order to track purchases, manage spending, and build credit together with their Family Sharing group. Available in the US in May, Apple Card

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