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264 Apple Card High-Yield Savings Account Getting Yet Another Interest Rate Cut

MacRumors
Juli Clover @ MacRumors · 10/10/2024 18:52 EDT

Apple Card High-Yield Savings Account Getting Yet Another Interest Rate Cut

Apple is once again planning to cut the interest rate of its Apple Card high-yield savings account, with the new rate set to go live on Friday, October 11.


The ‌Apple Card‌ savings account's annual percentage yield (APR) will drop to 4.10 percent, down from 4.25 percent. This is the third cut that Apple has made this year, and the second in the last few weeks.

Back in late September, Apple lowered the APY from 4.4 percent to 4.25 percent, and rates dropped from 4.5 percent to 4.4 percent in April...

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