Finder makes money from featured partners, but editorial opinions are our own.

Apple Card Savings Account: Key details and alternatives

Apple has launched a high interest savings account available to Apple Card customers via their Apple Wallet.

Tech giant Apple has launched a new high interest savings account product for Apple Card customers. The savings account is offered by Goldman Sachs and is available for Apple Card customers to open within their Apple Wallet.

The savings account launched in the United States in April 2023 with an interest rate of 4.15% p.a. with no minimum balance requirements to meet. As of April 2024, this product is not available in Australia.

Apple Card savings account features

Interest rate of 4.15% p.a. at launch

The Apple Card savings account launched to customers in April 2023 with an interest rate of 4.15% p.a.

No fees

The savings account charges no set-up fees or ongoing account keeping fees.

No minimum deposits

There's no minimum balance requirement or ongoing deposit conditions to meet to earn the interest rate.

Savings dashboard

Customers can access the savings dashboard from their Apple Wallet to track their account balance and their interest payments.

Earn daily cash

The Apple Card offers cashback payments on every purchase you make on the card. The cashback ranges from 1-3% of the transaction value, depending on the merchant or retailer.

Once your savings account is opened, all future cashbacks you earn will be sent directly to your Apple Card savings account, so you can earn interest on these amounts too.

Deposit money

Customers can transfer money from their Apple Card balance into the savings account, or transfer it from an external bank account. You can have a maximum of $250,000 in your account.

Withdraw money

If you want to use some of your savings balance you can transfer the money to an external bank account directly from the dashboard, or you can transfer it to your Apple Cash card.

Is the Apple Card savings account available in Australia?

As of April 2024, Apple has yet not announced any plans for releasing Apple Card and the linked savings account outside of the United States. We'll update this page with any news from Apple about an Australian launch of its Apple Card products.

Finder survey: How satisfied are Australians with their savings rate?

Response
Yes65.14%
No34.86%
Source: Finder survey by Pure Profile of 1113 Australians, December 2023

Alternatives to Apple Card savings account in Australia

The Apple Card savings account isn't available in Australia. However, you can earn an even higher interest rate with many Australian accounts.

1 - 12 of 143
Name Maximum Variable Rate p.a. Standard Variable Rate p.a. Intro Period Government Guarantee Monthly Max Rate Conditions
Bank of Queensland Future Saver Account - 14 to 35 years
Finder Award
Maximum Variable Rate p.a.
5.50%
Standard Variable Rate p.a.
0.05%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $1,000
  • 5 eligible transactions
Go to siteView details
Rabobank High Interest Savings Account
Maximum Variable Rate p.a.
5.75%
Standard Variable Rate p.a.
4.40%
Intro Period
4 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
Macquarie Savings Account
Maximum Variable Rate p.a.
5.35%
Standard Variable Rate p.a.
4.75%
Intro Period
4 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
Ubank High Interest Save Account
Maximum Variable Rate p.a.
5.10%
Standard Variable Rate p.a.
0.10%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $200
Go to siteView details
ING Savings Maximiser
Finder Award
Maximum Variable Rate p.a.
5.50%
Standard Variable Rate p.a.
0.55%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $1,000
  • 5 transactions
  • Grow your balance
Go to siteView details
Bendigo Bank Reward Saver
Maximum Variable Rate p.a.
5.25%
Standard Variable Rate p.a.
0.30%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow your balance
  • Requires Bendigo transaction account
Go to siteView details
Australian Unity Freedom Saver ($50,000 - $250,000)
Maximum Variable Rate p.a.
5.10%
Standard Variable Rate p.a.
5.10%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
Newcastle Permanent Online Savings Account
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
1.00%
Intro Period
3 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
Bank of Queensland Simple Saver Account
Maximum Variable Rate p.a.
4.85%
Standard Variable Rate p.a.
4.85%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
St.George Maxi Saver
Maximum Variable Rate p.a.
5.35%
Standard Variable Rate p.a.
1.10%
Intro Period
3 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
Max Variable Rate includes 0.35% p.a. for 3 months for new customers who apply online
ING Savings Accelerator ($150,000 - $500,000)
Maximum Variable Rate p.a.
5.20%
Standard Variable Rate p.a.
4.70%
Intro Period
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Welcome rate applies up to $500K
Go to siteView details
AMP Saver Account
Maximum Variable Rate p.a.
5.40%
Standard Variable Rate p.a.
1.20%
Intro Period
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $1000 in previous month
Go to siteView details
loading
Showing 12 of 15 results

More guides on Finder

Ask a Question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our 1. Terms Of Service and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site