Recent rumors have suggested that Goldman Sachs intends to end its financial partnership with Apple, and Information shared a new report today about what went wrong and why the relationship between the two companies fell apart. Goldman Sachs is Apple’s partner in Apple Card, Apple’s savings account that is open to Apple Card users, and … Read more
Some customers who had a bad experience with their Apple Savings accounts managed by Goldman Sachs are receiving one-time credits, according to an email received from MacRumors reader Michael, who made a retreat in May. “The experience we provided for a withdrawal request you made for your savings account in May did not meet our … Read more
Apple this week launched a new Apple Card promotion that will give customers who sign up for an Apple Card 10 percent daily cash back on App Store purchases for the first six months of card ownership. Offer is only available to new Apple Card owners approved for an account between 07/11/23 and 07/25/23. After … Read more
Apple in the iOS 17 beta has changed the text that provides details about the Automated Clearing House (ACH) transfer time for Apple Savings account holders. In iOS 17 beta 2, it now says “Funds are usually available for withdrawal on the fifth business day” when making a transfer. Prior to the beta, he said … Read more
Apple is in talks with banks to launch Apple Card in India, claims a report from the local finance website money control. According to the report, citing sources familiar with the matter, Apple CEO Tim Cook met with HDFC Bank CEO and CEO Sashidhar Jagdishan during his trip to India in April to discuss the … Read more
Starting August 15, the term for Apple Card Monthly Fees for new Apple Watch purchases will change from 24 months to 12 months, according to the fine print on Apple’s website. This means each payment will be higher, but the Apple Watch will pay off faster. Apple Card monthly installments are an interest-free financing option … Read more
According to a report from The Wall Street Journal. Multiple customers who transferred thousands of dollars to Apple’s savings account had to wait weeks for money transfers in some cases, and some customers also lost money. Kevin Smyth of Minnesota, for example, tried to transfer $10,000 from his Apple account to US Bank in mid-May, … Read more
Apple CEO Tim Cook said this week that the initial response to the new Apple Card Savings feature has been “incredible” following its launch last month. Speaking on Apple’s quarterly earnings call, Cook said both the savings account and the new financing feature Apple Pay Later help customers live “healthier financial lives,” adding that he … Read more
Apple is partnering with Nike this month to give Apple Card users six percent daily cash back on purchases, up from the typical three percent cash back offer. The offer is available through the end of May and customers can get the highest percentage cash back on products up to $500. Additional cash back is … Read more
On April 17, Apple introduced the Apple Card Savings account, and it turns out that it was very popular among iPhone users. The new Apple-branded high-yield savings account saw up to $990 million in deposits during the first four days after launch, according to Forbes. Forbes says he spoke to two anonymous sources with knowledge … Read more