No—the latest verified change to Apple Card Savings was an increase, not another cut. Apple lists the account at 3.50% APY as of September 23, 2026, and a report that day says the rate rose from 3.40% to 3.50%. APYs can change, so check the rate shown in your account details before making a decision.
What is the Apple Card Savings APY right now?
Apple’s Apple Card Savings page lists a 3.50% APY, dated September 23, 2026. Apple cautions that the APY may change at any time, so that dated figure is not a promise of the rate a customer will earn in the future.
9to5Mac reported on September 23, 2026 that Apple raised the APY from 3.40% to 3.50%. That is the latest verified movement in the sources available here; it does not support the claim that the account has just had another rate cut.
How does that compare with the launch rate?
When Apple announced Savings in April 2023, it advertised a 4.15% APY, with the launch announcement dating that figure to April 14, 2023. The 2023 and September 2026 figures show that the listed rate has not been static, but they do not provide a complete history of every intervening change. It would be misleading to infer a full timeline from those points alone.
The Tool Desk
Outbyte PC Repair FREEClear out junk files and repair common Windows errorsFree Scan →Outbyte Driver Updater FREEFix the driver behind crashes, sound loss and screen glitchesFind Drivers →#1 Best Overall
- Designed with both style and function in mind, the new iPhone FineWoven Wallet with MagSafe is the perfect way to keep your ID and credit cards close at hand.
- It supports Find My, so you can be notified of your wallet’s last known location if it gets separated from your phone.
- Made from durable micro-twill, the material has a smooth and seamless feel.
- The FineWoven material in this accessory is made from 100 per cent post-consumer recycled content and significantly reduces carbon emissions compared to leather.
- The wallet features strong built-in magnets that allow it to effortlessly snap into place on the back of your iPhone.
Apple’s launch announcement described the account as a way to save Daily Cash and earn interest. The statement reflected the product rationale at launch, not a guarantee about later APYs or the account’s future provider.
How Apple Card Savings works
Eligible Apple Card Owners and Co-Owners can apply. Once Savings is set up, future Daily Cash goes to the account by default, though the owner can change where Daily Cash is deposited. Customers can also add money from Apple Cash or a linked external bank account.
Rank #2
- Designed with both style and function in mind, the new iPhone FineWoven Wallet with MagSafe is the perfect way to keep your ID and credit cards close at hand.
- It supports Find My, so you can be notified of your wallet’s last known location if it gets separated from your phone.
- Made from durable micro-twill, the material has a smooth and seamless feel.
- The FineWoven material in this accessory is made from 100 per cent post-consumer recycled content and significantly reduces carbon emissions compared to leather.
- The wallet features strong built-in magnets that allow it to effortlessly snap into place on the back of your iPhone.
Interest compounds daily and is credited monthly. To see the APY and interest earned, open the Savings account details in Wallet. Funds can be transferred to Apple Cash or an external bank account; Apple says external transfers typically take one to three business days, and the receiving bank determines when deposited funds are available.
Eligibility and availability
Apple Support lists these basic requirements:
- You must be an active Apple Card account Owner or Co-Owner.
- You must be at least 18, have a Social Security number or ITIN, and provide a valid physical U.S. address.
- You need a supported iPhone running current iOS and two-factor authentication.
- Savings is unavailable in Guam, the Northern Mariana Islands, and the U.S. Minor Outlying Islands. Other eligibility and account restrictions apply.
See Apple’s Savings setup and use guide for account setup, eligibility details, and transfer instructions.
Rank #3
- Designed with both style and function in mind, the new iPhone FineWoven Wallet with MagSafe is the perfect way to keep your ID and credit cards close at hand.
- It supports Find My, so you can be notified of your wallet’s last known location if it gets separated from your phone.
- Made from durable micro-twill, the material has a smooth and seamless feel.
- The FineWoven material in this accessory is made from 100 per cent post-consumer recycled content and significantly reduces carbon emissions compared to leather.
- The wallet features strong built-in magnets that allow it to effortlessly snap into place on the back of your iPhone.
Will Apple Card Savings move to Chase?
Apple announced on January 7, 2026 that Chase would become the new issuer of Apple Card, with the transition expected to take approximately 24 months. Apple said cardholders could continue using their cards during the transition and that it would share more details closer to the transition date.
That announcement concerns the credit card issuer. It does not say that Apple Card Savings deposit accounts will move to Chase. Apple’s Savings page identifies Goldman Sachs Bank USA, Salt Lake City Branch, Member FDIC, as the provider of Savings. Apple Payments Services LLC says it is a service provider, and neither it nor Apple is a bank. Do not assume the card-issuer transition changes the Savings provider unless Apple announces that separately.
Rank #4
- Ultra Thin & Lightweight: Compatible with Apple AirTag (1st & 2nd Generation). This AirTag wallet card holder is only 0.1 inches thick and weighs just 7.8g, making it slim and lightweight for everyday carry. Designed to securely hold your AirTag. Note: AirTag is not included.
- Design Inspiration：The design is inspired by water ripples, symbolizing unlimited opportunities and good luck.
- Safety and Practical:Just press the tag lightly into the Wallet Card Case, and tag can be easily be slided into the wallet like a credit card. It also keeps your wallet from getting a weird imprint, and your cards from getting bent around the Tag. All in all, you don't have to worry about it being deformed or broken easily during use.
- Hign Quality:Compatible with Airtag wallet case is made of high quality ABS+PC material, It will still not affect its receiving signal.
- Wide Use:Compatible with Airtag wallet holder can be used for wallets, handbags, Backpack，business card holders, ID bags, Clutch Bag, etc.
Apple’s Chase transition announcement and its Savings account disclosures describe those roles separately.
Quick Recap
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.
Recommended Free Tools
