Apple Card Savings still holds strong, here’s how its interest rate compares to others

High Yield Savings Last night, Apple lowered the interest rate of the Apple Card Savings Account to a new 3.75% APY. While this is down from its highest point at 4.5% APY, Apple’s rate still holds quite strong to the rest of the banking industry. Apple begun offering the Apple Card Savings Account in April 2023, in partnership with Goldman Sachs. It offered an industry-leading 4.15% APY at the time, and has received a number of adjustments since. Here’s how Apple’s savings account rate compares to the rest of the industry, as of March 26th, 2025: Bank Interest Rate Ally 3.70% APY American Express 3.70% APY Capital One 3.70% APY Discover 3.70% APY Marcus by Goldman Sachs 3.75% APY Apple Card Savings 3.75% APY SoFi Savings 3.80% APY Wealthfront 4.00% APY Robinhood 4.00% APY Barclays Tiered Savings 4.15%-4.40% APY Of course, any of these rates will be far higher than what big banks tend to offer. Banks such as Chase, Bank of America, and Wells Fargo all offer interest rates below 0.0 ... Read full article.