Released two weeks ago Apple Card Savings Account, Seems to have got off to a pretty quick start. According to a report released today by Forbes, the account attracted almost $1 billion in investments in just the first four days.
In the report, citing two anonymous sources, Apple Card Savings Account It is stated that it attracted 400 million dollars investment on the day of its launch. Over the next three days, that figure rose to almost $1 billion.
The report is also available at the end of its release week. Your 240,000 accounts states that the average balance of these accounts is just over $4,000. FDIC insurance limit for Apple Card Savings Account balances $250,000 cannot exceed.
Apple Card Savings Account attracted nearly $1 billion in investment in first four days
forbes in its report, Apple Card Savings Account It is emphasized that it is quite impressive that it received such a high interest in its first week. Specifically, your account Apple Card This achievement becomes even more important, given that it is a special option for its users. The report states that it happened amid “competition among financial institutions to attract and hold deposits after a series of bank failures.”
Apple Card Savings Account, It is operated by Goldman Sachs along with Apple Card. The account pays 4.15% interest, which is significantly higher than the industry average.
According to Forbes, Apple and Goldman Sachs They declined to make any comments. However Goldman Sachs when it discloses its profits and files relevant regulatory documents, Apple Card Savings Account More details may emerge. However, Apple is not expected to reveal any specific details.
All of these, Apple Card Savings Account demonstrates its success and the impact it has had on the financial sector. of Apple, appears to be looking for unique opportunities to gain more ground in the financial services market.