Cash App takes on Apple with a 4.5% APY for savings accounts (with direct deposit)

Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it will now offer “up to” a 4.5% APY (annual percentage yield) for its Cash App Savings customers, with a few caveats. While Apple’s Savings account […] © 2024 TechCrunch. All rights reserved. For personal use only.

Feb 16, 2024 - 01:05
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Cash App takes on Apple with a 4.5% APY for savings accounts (with direct deposit)

Apple’s recent move to boost the interest rate for its Apple Card Savings Account to 4.5% is now prompting a competitor to do the same. Cash App today announced it will now offer “up to” a 4.5% APY (annual percentage yield) for its Cash App Savings customers, with a few caveats. While Apple’s Savings account […]

© 2024 TechCrunch. All rights reserved. For personal use only.

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