Ouch! Apple’s High-Yield Savings Account APY Dips Below Its Launch Rate
For example, Robinhood Gold was offering 4.4% when the Apple Card Savings Account launched at 4.15%, and it raised its APY to 5.0% around the same time Apple went through its rapid-fire cycle of 4.25-4.5% increases earlier this year. However, that service has since lowered its APY back down to 4.5% — a slightly sharper drop from its 5.0% height.