Apple Card users got some news on March 25, 2025— the savings account tied to the card now offers a lower interest rate. It’s dropped from 4.25% to 4.1%, which might not sound like a huge change, but it affects how much money people can earn on their savings over time. This shift comes after a series of rate cuts since the account first launched with a much higher 4.15% rate back in April 2023.
The Apple Card Savings account, run with help from Goldman Sachs, lets users stash their Daily Cash rewards and extra money in a high-yield savings option. While 4.1% is still better than many regular savings accounts out there, it’s not as juicy as it once was. People who rely on this account might feel a little let down, especially since the rate has been sliding down bit by bit over the past year.
This change matches what’s happening in the bigger financial world. Interest rates often shift based on things like the Federal Reserve’s decisions or trends in the economy. For now, Apple Card holders can still enjoy a decent return compared to typical bank accounts, but the drop is a reminder that even good deals can change. If you’re an Apple Card user, it might be worth checking your savings plan to see how this tweak affects you.