So far each new Apple financial product makes me research and re-evaluate my options. When they announced their credit card, I got into "cash back" (thankful that I did), and ended up always getting good percentages back on every purchase. Apple Card was a jumping off point for further research. (For those curious, I ended up with Bank of America Premium Rewards at Platinum Honors tier + Amazon 5% card, Target 5% card, Lowe's 5% card, Apple 3% card, etc).
Now that they're announcing Savings, I'm thinking to re-evaluate my Ally savings account. Apple's is better, but I'm already seeing mentions of Betterment, Robinhood, and Wealthfront here. What I'm looking for is a no-fee, high yield, good FDIC insurance. I'm also looking to start a long-term investment account for my young kid, and it would probably be convenient if I could do them both with the same bank.
Now that they're announcing Savings, I'm thinking to re-evaluate my Ally savings account. Apple's is better, but I'm already seeing mentions of Betterment, Robinhood, and Wealthfront here. What I'm looking for is a no-fee, high yield, good FDIC insurance. I'm also looking to start a long-term investment account for my young kid, and it would probably be convenient if I could do them both with the same bank.
Any recommendations?