Apple Silently Launched A New Bank Killer Savings Account That Changes Everything

Would you abandon your bank for Apple?

Apple

Banks are in big trouble.

• Not because of inflation.
• Not because of the recession.
• Not because of the war in Ukraine.

But because they’re underestimating Apple.

Slowly but surely, Apple is looking more like a bank.

A new savings account as effortless as Apple

Apple

Apple’s just announced that they’re launching a new savings account.

Apple says Apple Card users will be able to seamlessly set up and manage savings directly in their Apple Card in Wallet with some key benefits:

• No more fees
• Colorfully high-yields
• No minimum balance
• No minimum deposits

These benefits will undoubtedly force most consumer-facing banks to match this offer or face the wrath of Apple’s disruption.