Apple's high-yield deposit collects deposits of over 130 billion yen in 4 days of service start

Users of the high-yield ordinary deposit service just announced by Apple have revealed that deposits of 990 million dollars (136 billion yen) have been collected in the four days since the service started.

Apple's high-yield savings account reportedly drew $1 billion in deposits in just four days - 9to5Mac

https://9to5mac.com/2023/05/01/apple-card-savings-account-deposits/

On April 17, 2023, Apple announced that it would offer ordinary deposit services with an annual yield of 4.15% to users of its own credit card, the Apple Card . According to Apple, the savings service will be free of charge, and there will be no minimum deposit amount or minimum balance.

How Apple started offering a savings account service with a yield of 4.15% - GIGAZINE

Economic media Forbes reports information on users of this savings service for Apple Card users.

According to two anonymous sources, Forbes said the savings service for Apple Card users attracted $400 million in deposits on launch day, with total deposits totaling $400 million over the next three days. It reportedly reached nearly $990 million.

In addition, it was revealed that 240,000 accounts were opened during the fourth weekend of April when the service was launched. There is no minimum deposit amount or minimum balance set for the ordinary deposit service for Apple Card users, but the average account balance as of the fourth weekend in April was over $ 4,000 (about 550,000 yen). will be

Forbes' report is only ``data for the first week when the savings service for Apple Card users became available'', but Apple-related media 9to5Mac reports that it still records quite impressive numbers. increase.

Forbes has asked Apple and Goldman Sachs, which operate the Apple Card, for comments, but both companies have refused to comment. 9to5Mac also wrote, ``Although it is likely that details about the savings service for Apple Card users will be revealed at the time of Goldman Sachs' earnings report, it is unlikely that Apple will disclose details of the service.'' increase.