{"id":33246,"date":"2023-08-08T09:11:30","date_gmt":"2023-08-08T09:11:30","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion"},"modified":"2023-08-08T09:28:18","modified_gmt":"2023-08-08T09:28:18","slug":"customer-deposits-for-apple-savings-account-hits-us10-billion","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion","title":{"rendered":"Customer Deposits for Apple Savings Account Hits US$10 billion"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mauritius. <\/strong><\/span>Apple\u2019s high-yield savings account offered by its partner Goldman Sachs has reached over US$10-billion in customer deposits, the technology giant has said. The deposit account, which was launched in April, lets Apple Card users earn an annual percentage yield of 4.15% on savings accounts.<\/p>\n<p>US lenders have had to offer higher rates on customer deposits to prevent clients from moving their funds to other high-yield alternatives, especially after an industry crisis earlier this year shook customers\u2019 faith in the financial health of banks. In March, Apple also launched its \u201cbuy now, pay later\u201d (BNPL) service in the US, expanding its footprint in the fintech space.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mauritius\">Mauritius<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mauritius. Apple\u2019s high-yield savings account offered by its partner Goldman Sachs has reached over US$10-billion in customer deposits, the technology giant has said. The deposit account, which was launched in April, lets Apple Card users earn an annual percentage yield of 4.15% on savings accounts. US lenders have had to offer higher rates [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":33245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,245,1712,241],"class_list":["post-33246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-mauritius","tag-apple","tag-mauritius"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Customer Deposits for Apple Savings Account Hits US$10 billion - Mauritius<\/title>\n<meta name=\"description\" content=\"Apple\u2019s high-yield savings account offered by its partner Goldman Sachs has reached over US$10-billion in customer depos ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Customer Deposits for Apple Savings Account Hits US$10 billion\" \/>\n<meta property=\"og:description\" content=\"Apple\u2019s high-yield savings account offered by its partner Goldman Sachs has reached over US$10-billion in customer depos ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-08T09:11:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-08T09:28:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2023\/08\/sm_1691474248.088519.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Customer Deposits for Apple Savings Account Hits US$10 billion\",\"datePublished\":\"2023-08-08T09:11:30+00:00\",\"dateModified\":\"2023-08-08T09:28:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion\"},\"wordCount\":127,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2023\/08\/sm_1691474248.088519.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"Apple\",\"Mauritius\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/customer-deposits-for-apple-savings-account-hits-us10-billion\",\"name\":\"Customer Deposits for Apple Savings Account Hits US$10 billion - 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