This is the best savings account out there, imo
1. The rate is 0.25 percentage points higher than Goldman’s own Marcus account. Apple extracted 0.25% in rent from Goldman and gave it to their customers.
2. FDIC insured through Goldman, and the max deposit is the FDIC limit, $250k.
3. Easily usable in Apple Pay, so almost like a high interest debit account.
I’m moving a bunch of cash over once I set it up
edit: unclear whether deposits are allowed, or just Daily Cash from Apple Card.
edit 2: super easy to set up on my iPhone and yes, you can transfer from any linked bank account via ACH
1. The rate is 0.25 percentage points higher than Goldman’s own Marcus account. Apple extracted 0.25% in rent from Goldman and gave it to their customers.
2. FDIC insured through Goldman, and the max deposit is the FDIC limit, $250k.
3. Easily usable in Apple Pay, so almost like a high interest debit account.
I’m moving a bunch of cash over once I set it up
edit: unclear whether deposits are allowed, or just Daily Cash from Apple Card.
edit 2: super easy to set up on my iPhone and yes, you can transfer from any linked bank account via ACH