Here's how Apple Card will help you get a lot of money

Here's how Apple Card will help you get a lot of money ...

The Apple Card (opens in a new tab) will have even greater value for cardholders. Apple has just announced that it will offer high-yield savings accounts from Goldman Sachs to cardholders, increasing the benefits of the cards further.

Savings, according to Jennifer Bailey, is offering daily cash as a bonus to users who like the Apple Card, while offering a variety of flexible payment options, which will enable users to live better.

Users may earn Daily Cash for eligible purchases via Apple and select other retailers (including Uber, Nike, and Walgreens), 2% cash back on Apple Pay purchases, and 1% cash back on everything else. Daily Cash deposits into your account every day, not at the end of a billing cycle.

Cardholders may now deposit their Daily Cash into their new high-yield savings accounts, which they may get as much as their rewards if they don''t pay for it in one year. A high-yield savings account is similar to that of a traditional savings account, except that it has a higher-than-average annual percentage yield (APY) ratio, representing a total interest rate of 0.17%. However, high-yield savings accounts have much higher APYs, allowing users to

In Wallet, users may establish savings accounts with no fees, balance requirements, or minimum deposits, compared to other high-yield savings accounts (opens in a new tab).

Apple Card users may increase their Daily Cash rewards over time, while saving for the future, according to Bailey.

Users may add additional funds to their savings account, either via a linked bank account or via their Apple Cash balance. Similarly, they may withdraw funds from the account through these same methods, free of charge.